March Auto Sales Preview: What to Expect πŸš—

Automobile companies report March sales tomorrow. Industry sees a slowdown in inquiries and footfalls. Here's what to anticipate.

March Auto Sales Preview: What to Expect πŸš—
CNBC-TV18
413 views β€’ Mar 31, 2023
March Auto Sales Preview: What to Expect πŸš—

About this video

Automobile companies will be reporting monthly sales for March tomorrow, i.e. April 1. As per industry survey, enquiries and footfalls have slowed down sharply, leading to reduced waiting periods for new cars. However, the same cannot be said for commercial vehicles as demand for medium and heavy models remained high in March due to an expected price hike of 3-5 percent from 1 April 2023 as a result of Bharat Stage VI Phase-2.

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Views

413

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1

Duration

2:00

Published

Mar 31, 2023

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