As of 2024, the unsold car inventory in India has reached alarming levels. Dealerships across the country are grappling with overcrowded lots and financial strains due to unsold stock. In recent years, India's automotive industry has faced a significant challenge: mounting unsold car inventory. As we delve into the situation in 2024, it's crucial to understand the reasons behind this issue, its effects on the industry and economy.
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Buying a car in India is an exciting endeavor, but it can also be a complex and daunting process with the ever-evolving market, numerous choices, and varying budgets. As we enter 2023, it's important to have a comprehensive understanding of the car buying process in India to make an informed decision that suits your needs and preferences. In this guide, we'll take you through the key factors to consider when purchasing a car in India in 2023.