 "Hyundai")
Hyundai expects the surge in demand for cars to remain till March 2021, according to S S Kim, MD and CEO of the India arm.
“We did an internal study and estimated that there were 1 million buyers — who would have made a purchase during the period — to buy in the near future. This demand will last till the first quarter of CY21. After that, there might be a lull,” said Kim.
Festive season demand drove four-wheeler and two-wheeler sales to a record high in October, but industry executives and auto dealers remain skeptical of the momentum continuing.
Hyundai recorded its
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