Business anticipation of increased levels of sales during oming holiday season
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The wholesale automobile sales for the month of August was strong across all segments. This was given to the inventory build-up at the dealerships for the festive season. With a good monsoon season seen across the country these dealerships are anticipating high sales in the upcoming festivals such as Dusshera and Diwali festivals in September and October.
Last year the inventory build-up was seen in the month of September as these festivals coincided in the month of October.
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Two-Wheelers Drive Auto Inventory In September As Dealers Stock Up For Festive Season. Inventory levels at dealerships rose in September led by two-wheelers as automakers stocked up anticipating higher sales during the ongoing festive season.
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