Auto sales: Strong festive demand may hit by low dealer stocks, supply constraints
As the festive season approaches, car manufacturers are grappling with low inventory levels despite a surge in customer bookings. Supply constraints present a formidable hurdle, particularly for Maruti Suzuki, which currently has a backlog of over 200,000 orders with dwindling stock. Anticipating a slowdown in growth, Hyundai Motor India is ramping up production to accommodate the expected rise in demand.