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Auto sale picks up in Feb but negative outlook for March over Coronavirus

Dealers are facing a new challenge with the Coronavirus cases being detected in India and an alarming drop in customer walk-ins in auto showrooms

cars
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BSIV vehicles purchased until March '20 to be operational for the entire period of registration

T E Narasimhan Chennai
Auto retail sales grew by 2.6 per cent with 17,11,711 units sold in February as compared to 16,68,268 units, a year ago. The sector is returning to green as dealers attribute the development to emphasis on liquidation of BS-IV stocks and rural sales going up. Meanwhile, the Coronavirus outbreak has led to a negative outlook for March. 

Dealers are facing a new challenge with the Coronavirus cases being detected in India and an alarming drop in customer walk-ins in auto showrooms. The overall uncertainty of the situation due to COVID-19 and the huge drops in the share markets has contributed

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