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Automotive dealers are expected to witness an increase in revenue by 8-10% in this financial year on the back of 5-7% rise in sales volume, increase in prices by 2-5% by original equipment manufacturers, and customers’ shift towards premium models, ...
Auto sector continues to reel under pressure in meeting volumes due to prolonged chip shortage crisis. According to a report by CARE Ratings, auto sales were mixed as two-wheeler sales grew marginally by 7.6% year-on-year, while three wheeler sales grew by ...