Showrooms in India are currently stocked with a surplus of passenger vehicles as dealers are optimistic about robust sales during the upcoming festive season. This surge in inventory is driven by hopes of increased consumer demand during traditional festive periods, which are known to boost car purchases. Car manufacturers and dealers are gearing up with attractive offers and promotions to entice customers. However, it also poses a potential challenge if demand does not meet expectations, leading to oversupply and potential pricing pressures. The situation underscores the significance of effectively gauging market dynamics and aligning production and inventory management with consumer behavior to ensure a balanced supply-demand equation in the automotive sector.
High Inventory of Passenger Vehicles in Showrooms in Anticipation of Strong Festive Sales
![](https://affairsace-media.s3.ap-south-1.amazonaws.com/2023/09/06103018/PTI9_9_2019_000066A-860x526.jpg)