The Indian auto industry which has been on a downward spiral for nearly a year has finally got some good news.
On Dhanteras, which is considered an auspicious day the automobile sales, especially of passenger vehicles, showed a positive trend.
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BCCL
The trend is said to be aided by deep discounts and recent government schemes.
“In terms of passenger vehicle sales, we have witnessed a similar off-take pattern to last year’s Dhanteras day,” Vinkesh Gulati, Vice President of the Federation of Automobile Dealers Associations (FADA) told IANS.