Automotive
Low Interest Rates, Pent-up Demand and Discounts Bolstered Vehicle Sales Growth in February
04 Mar 2021
Low interest rates along with pent-up demand and ongoing
discounts accelerated the year-on-year sales of major automobile players’
during February. Analysts cited factors such as preference for personal
mobility over public transport due to the pandemic as the other key reasons for
the upswing. Besides, higher government spending in the infra space was
credited to have given a push to the commercial vehicle segment.
The full article was originally published on News 18