Festive auto demand may be hit by low dealer stocks and supply constraints
The Economic Times reports that Maruti Suzuki has a backlog of more than 200,000 orders as stocks dwindle, while Hyundai Motor India is ramping up production to meet an expected rise in demand.
TLDR
The Economic Times reports that carmakers face low inventories despite a surge in bookings ahead of the festive season, with supply constraints potentially hampering strong demand. Maruti Suzuki has more than 200,000 orders outstanding and dwindling stock, the report says. Hyundai Motor India is increasing production to accommodate expected demand while anticipating slower growth.
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