Carmakers talk price hikes amid discounts

Car companies in India are considering price hikes in the new year, despite a slowdown in demand and heavy discounts on existing inventory. Dealers are struggling with high stock levels, and industry experts suggest the price hike announcements are a tactic to clear unsold vehicles before year-end. However, actual increases may be limited to select models.

Carmakers talk price hikes amid discounts

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Car companies in India are considering price hikes in the new year, despite a slowdown in demand and heavy discounts on existing inventory. Dealers are struggling with high stock levels, and industry experts suggest the price hike announcements are a tactic to clear unsold vehicles before year-end. However, actual increases may be limited to select models.