Industry body the Society of Indian Automobile Manufacturers (SIAM) said that total domestic volumes during the reporting month stood at 347,522 units, which was the best-ever for November.
The average inventory days for the PV segment came down to 65-68 days at the start of this month from 85-90 days, as per dealers, but they added that the stock was still high for December as dealers struggle to bring down the inventory since buyers typically push their purchase to the new year.
While the industry has been relying on discounts in the previous months, there has been a significant spike in consumer schemes in December as carmakers and their dealer partners face the uphill task of liquidating more than two months of inventory.
Denne historien er fra December 14, 2024-utgaven av Financial Express Ahmedabad.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Denne historien er fra December 14, 2024-utgaven av Financial Express Ahmedabad.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
It's slow going at Indiamart
THE B2B PLATFORM IS WORKING TO STABILISE OPERATIONS
ISRO to study how crops grow in space on PSLV-C60 mission
DEMONSTRATION OF SEED germination in outer space, a robotic arm to catch a tethered debris there, and testing of green propulsion systems are some of the experiments planned on the POEM-4, the fourth stage of ISRO's PSLV rocket that remains in orbit after launching a satellite.
Scott Boland & the 'stolen generation'
ONLY IN HIS mid-20s, did the 35-year-old Scott Boland, Australia's fast bowler set to play in the fourth Test against India, realise his aboriginal origins.
If it is business as usual, Viksit Bharat by 2047 will not happen
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26 members enter startup billionaire club in 2024
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Broker strength falls 40% on compliance burdens
Brokerage firms are facing increasing compliance burdens, leading to a 40% decline in strength.
Eliminates odour, cleans indoor air in a jiffy
Ideal for bedrooms, offices, or small living areas
'Consumers prioritise value, want devices tailored to their needs'
JEFFREY LIANG, PRESIDENT, BENQ ASIA PACIFIC
GOVO GOBUDS SPORTComfortable fit for long sessions
These earbuds have low latency and a strong battery
