Mobility Energy and Transportation
Praxis Logo
Praxis Logo

Firms look to cash in on SUV popularity in festive season

Know more→
Mobility Energy and Transportation

Firms look to cash in on suv popularity in festive season

04 Aug 2022

1 min read
Accordingly, the automakers have taken notice of the shift in consumer preferences, and the segment is seeing increased model launches by various OEMs, to improve their market prospects, he added.“The festive season is normally associated with an improvement in retail offtake across automotive segments. The original equipment manufacturers (OEMs) thus tend to sometimes plan model launches during the festive season, with a view of benefitting from the buoyant sentiments,” Gupta said.Praxis Global Alliance partner Suman Jagdev said that OEMs run discounts, provide free accessories and furnish loan offers, among other benefits, during the festive season attracting large footfall at showrooms.

Disclaimer: The text, images and content here have been reproduced from the original publisher. Praxian Global Private Limited does not claim any ownership or right to use of this content and the rights belong to the publisher. We have contributed our perspectives, which are often proprietary, to the content publisher. We or the publisher have no obligation to update or refresh the content or our perspectives shared herein.

Ready to talk?

I want to talk to your experts in:

We work with ambitious leaders and transformative clients who are defining the future. Together, we achieve extraordinary outcomes.

Firms look to cash in on SUV popularity in festive season | PraxisGA