This collaboration is designed to increase the accessibility of Tata's passenger vehicles by offering competitive interest rates to the customers
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Passenger Vehicle (PV) inventory levels remain high, impacting December sales
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In November 2024, passenger vehicle sales reached a record 3.48 lakh units, growing 4.1 per cent year-on-year. However, two-wheeler and three-wheeler segments witnessed minor decline
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The price increase is being taken to partially offset the rise in input costs and inflation
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The festive season boosted India’s auto sales by 32 per cent in October, driven by heavy discounts and seasonal demand. However, high inventory levels remain, prompting automakers to extend offers through year-end
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Overall the Indian Auto Retail sector achieved a 2.61 per cent YoY growth in May 2024
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