Auto sale trend likely to change in next few months: Ashish Kale, FADA
  • WebDesk BTVI
  • Jun 14 2019

Ashish Kale, President of FADA, says there has been a slight uptick in auto sales in May as opposed to April, but adds that the degrowth and slowdown in the sector continues. He says 2-wheeler sales have been affected by rural distress. He adds that he expects the trend to change in the next few months in view of a stable government and Budget. He, however, adds that liquidity crunch is the deciding factor in terms of customer sentiment.