Subdued Car sales in festive season, shows a highly negative market insight this year. Automobile manufacturers have failed to register significant sales growth this year and the lucrative offers also were of no help during the festive season. Major manufacturers have even started to shift their base to export cars from India to other countries.
Major manufacturers registered a decline in sales where as Honda motors was the only company to show 18% rise this festive season. Whereas Maruti Suzuki and Hyundai showed marginal rise of 1% ad 5% respectively. On the other end Mahindra, Toyota and Ford registered negative sales trend.
Editor and owner at Speed Hounds. The Adrenaline rush inside me happens to motivate me towards Automobile sector since i was a child. This has been a driving force for me. I am not here to prove anything. I am an enthusiast, and love to spread the knowledge i have to others