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BQ Survey | No End To Slowing Auto Sales In July, Say Dealers
Car and two-wheeler sales declined again in July, according to a BloombergQuint survey of 10 large automobile dealers.
31 Jul 2019, 11:13 PM IST
Car and two-wheeler sales declined again in seasonally weak July, according to a BloombergQuint survey of 10 large automobile dealers, suggesting consumption and discretionary spending hasn’t revived.Inventory levels of two-wheelers remains higher than that of cars, the survey revealed. While the average inventory period for cars was around a month, the period for two-wheelers was nearly twice that, the dealers said. Retail demand is...
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