Expect auto sales to pick up next year: SIAM
The auto sector has been sluggish in FY13, but could see a pick-up in FY14 if the RBI cuts rates and the government continues with policy measures to improve sentiment in the economy, says S Sandilya, president of auto body SIAM. He adds that demand conditions in the auto sector remain weak and auto makers may find it difficult to pass on large price hikes.
