Auto festive demand stays strong, but dealers remain cautious
In short
Carmakers say festive auto demand should keep going into November after the Dhanteras–Diwali buying season.
But dealers are not equally confident. BusinessLine says only one in two dealers expects growth, showing the market is split.
What the reporting says
Carmakers expect festive demand to continue into November after Dhanteras–Diwali buying, but dealer sentiment remains cautious. BusinessLine’s summary says the auto market has turned K-shaped, with only one in two dealers expecting growth. The update points to uneven demand across the dealer network, even as manufacturers still see the festive season supporting sales into the next month.
Why it matters
Carmakers are expecting festive demand to carry into November after the Dhanteras–Diwali period, while dealer sentiment is still cautious. The BusinessLine summary says only one in two dealers expects growth, pointing to uneven demand across the auto retail network.