Low Interest Rates, Pent-up Demand and Discounts Bolstered Vehicle Sales Growth in February

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Mobility Energy and Transportation

Low interest rates, pent-up demand and discounts bolstered vehicle sales growth in february

04 Mar 2021

1 min read

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

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Low Interest Rates, Pent-up Demand and Discounts Bolstered Vehicle Sales Growth in February | PraxisGA