Diwali blitz: Car companies ramp up production to match steps with retail sales
Auto cos ramp up output ahead of Diwali as dealer inventory low after bumper sales in Oct.
Synopsis
The passenger vehicle segment is upbeat about demand this month as well, but not so confident about the market beyond the festivals as uncertainty due to the pandemic continues to shroud the economy.
Mumbai: Automakers have stepped up production, as dealerships are running low on stock ahead of Diwali after they retailed more cars and SUVs in October than what the manufacturers supplied.The passenger vehicle segment is upbeat about demand this month as well, but not so confident about the market beyond the festivals as uncertainty due to the pandemic continues to shroud the economy. In the two-wheeler segment, which was the first in the