Car companies go slow on dealer dispatches on concerns around demand

Quick Summary:

India Business News: NEW DELHI: After nearly three years of bumper growth, car sales have started to show signs of a severe weakness as demand has come down over the past .

The numbers in the month of June saw Maruti and Hyundai – the top two carmakers – report weak growth in dealerships deliveries.

The company, which has a strong electric line-up apart from petrol and diesel versions, sold 43,624 units to dealerships against 47,359 units in the same month last year.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Pankaj Doval

Category: EconomyBusiness

Markets: IndiaOmanSouth Africa

Topics: Maruti Hyundai Dealer dispatches Business news Car sales Demand

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-02 @ 00:59:14 (2 days ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 678 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 21446593

View Article Analysis

About Times of India

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 15 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 5 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #28

Publisher Details

Frequently Asked Questions