Car companies cut dispatches to dealers
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Car industry dispatches to dealerships have declined during the festive season as buyers anticipate potential GST rate cuts. Major automakers like Maruti Suzuki, Hyundai, Mahindra & Mahindra, and Tata Motors experienced drops in August wholesales. Customers are postponing deliveries, hoping for reduced prices following a GST review, with expectations of cuts on smaller cars and two-wheelers.
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