Key Points
After enduring delays in car deliveries due to production shortages and rapid growth during the Covid period, customers are now poised to benefit from a resurgence in the automotive market..
The new financial year is expected to bring forth attractive discounts and offers, marking a shift from the era of frequent price hikes..
Industry experts anticipate a potential slowdown in the car industry in the upcoming 2024-25 period..
Despite a strong upward trend over the past three years, the industry is likely to face muted growth as demand decreases and inventories pile up at dealerships, as reported by TOI...
Maruti Suzuki's senior executive officer Shashank Srivastava and Honda Cars India's VP Kunal Behl foresee muted growth or minimal single-digit growth based on the current analysis..
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