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BQ Survey: Weak Demand, New Emission Norms Hurt Auto Sales In January
Dealers of cars and two-wheeler expect weak consumer demand and the shift to BS-VI emission norms to hurt retail sales in January.
31 Jan 2020, 11:20 AM IST
Weak consumer demand and the shift to the stricter Bharat Stage-VI emission standards hurt retail auto sales in January, according to a BloombergQuint survey of eight large dealerships.After a festive-season spike in October and November, retail sales had moderated in December. Attractive promotional offers in the previous month were rolled back January as inventory fell.“As inventory situation has improved drastically, the need for ...
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