Wholesale of two-wheelers set to decline

Tribune News Service

Updated At : 01:19 PM Dec 01, 2020 IST

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New Delhi, November 30

Domestic passenger vehicle and two-wheeler wholesales will come down in the next few months as inventory levels remain high at dealer level, according to rating firm India Ratings and Research (Ind-Ra). The overall auto industry would however continue to grow in the next few months, it noted.

“With the festive season now over, the rating agency expects wholesale billings to moderate in the next couple of months. It expects the industry to continue to revive in a few months. — PTI

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