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Dolat Capital Report
Automobile sector dispatches expected to be muted in December 2021 led by-
weak rural demand,
increase in vehicle prices, lower discounts (offerings which are usually available at the fag end of calendar year),
customers waiting for refreshed 2022 models,
an inauspicious period starting in mid December,
depressed freight rates and underutilisation of fleet (dent for medium and heavy commercial vehicle and light commercial vehicles demand) and
caution among dealer's/fleet operators due to spreads of the Omicron variant.
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