Motown switches to festive gear with new models
Mumbai: Sluggish sales and high dealer inventory have not stopped carmakers from gearing up for a major product offensive in the upcoming festival season. As many as 20 new passenger …
Inventory
Lord Jagannath: Ratna Bhandar opening: Curious devotees throng Puri Jagannath Temple | India News
PURI: Excitement filled the air in Puri town on Sunday as people eagerly awaited the unveiling of what’s inside the Ratna Bhandar, the sacred and spiritual treasury of Lord Jagannath, …
Odisha govt forms new committee to supervise Ratna Bhandar inventory | India News
BHUBANESWAR: The Mohan Majhi govt on Thursday constituted a new committee to supervise the inventory of Puri Jagannath Temple’s Ratna Bhandar (treasury), dissolving a 12-member panel that was set up …
Car dealers feel the load as sales slow, inventory piles up
Mumbai: Passenger vehicle makers have approached auto financiers requesting them to extend the credit cycle for dealers to 90 days from 60 at present, indicating the pressure building up in …
Vehicle registrations rise by a modest 3 per cent in May
Vehicle registrations – a proxy for retail sales – went up by a modest three percent to 2.09 million units last month with consumers delaying purchases due to election-related uncertainties …
car inventory: Car dealers may end up with 400K unit inventory
Carmakers expect to face a record stockpile of 400,000 vehicles worth ₹44,000 crore by this month-end as demand cools in India after a 3-year run of scorching sales. With car …
Fisker Lost Millions In Customer Payments And Had To Do An Internal Audit: Report
Fisker is in a state of disarray right now. The company continues to inch closer to bankruptcy, and the only car it sells right now, the Ocean EV, just had …
auto retail: Auto retail sales surge 9% in Aug
Vehicle registrations – a proxy for retail sales – rose 9% to 1,818,647 units last month on healthy customer demand in the run-up to the festive season. The Federation of …