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Automakers see growth in festive sales but rising covid cases could play spoiler

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NEW DELHI : Cheered by the gradual uptick in retail sales from June, India’s automakers are expecting passenger vehicles and two-wheelers sales to further improve during the festive season but the rising cases of covid-19 pose a serious challenge, said senior executives of automobile manufacturing companies at CMO Dialogues, a webinar held by Mint on Tuesday.Demand for vehicles in the urban markets has to pick up in the coming months for the industry to witness a proper recovery, as most of the demand for passenger cars comes from cities, they added.Sales during festivals constitute around a fourth of the overall vehicle sales in a fiscal and most vehicle makers have increased production and wholesale of vehicles to build inventory at.

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Covid-19.rehab - the latest news concerning the spread of the SARS-CoV-2 coronavirus (formerly 2019-nCoV), as well as the infectious disease that it causes COVID-19, in separate countries and in the world as a whole. Current news on the topic of coronavirus SARS-CoV-2. Quarantine, pandemic 2020, epidemic: what is it, when will it come to end, precautions and how to protect yourself from this disease. The most honest news, no fakes! To keep up with the latest news, stay tuned for updates on the site! Every day we will collect news and statistics on coronavirus from around the world for you to be aware of this topic.

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