dealer inventory

Maruti Suzuki, Hyundai and Tata Motors reduce wholesale deliveries amid low consumer demand

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Maruti Suzuki, Hyundai and Tata Motors reduce wholesale deliveries amid low consumer demand

Top car companies including Maruti Suzuki, Hyundai, and Tata Motors have cut wholesale deliveries to dealerships due to subdued consumer demand compared to last year, leading to inventory accumulation, reported TOI. This reduction comes as the industry gears up for the festive season, starting with Ganesh Chaturthi. Meanwhile, companies like Kia and Toyota are increasing … Read more

Motown spreads Christmas cheer with best deals in 5 years

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Motown spreads Christmas cheer with best deals in 5 years

New Delhi: Carmakers are offering the best deals seen in the past five years on small cars, sedans and slow-moving SUVs to reduce dealer inventory that has ballooned after the recent festive season. Several dealers and industry executives ET spoke to said discounts on vehicles have increased by 25-50% over the same period last year, … Read more