Written by Sameer Contractor | Monday August 19, 2019
The slowdown in the auto sector has seen a major pile-up of inventories with dealers over the past months, which will get more and more difficult to clear as the BS6 deadline comes closer. However, the recent steps taken by OEMs to reduce wholesale billing of PVs to dealers have helped reduce inventories to 25-30 days in July 2019, according to the...
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