💨 Abstract
The Indian auto industry is facing a 10% sales decline in February 2025 compared to the previous year. Carmakers are offering significant discounts due to excess inventory, with Mahindra taking advantage of this situation and overtaking Hyundai and Tata Motors. Industry insiders expect things to worsen before improving, with consumers choosing smaller vehicles and used cars due to market downsizing and a lack of policy consistency.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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