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2024-25 car industry growth expected to slow due to demand decrease, inventory buildup, and increased used car sales.
2024-25 may see muted growth in the car industry as demand shrinks and inventories build up at dealerships.
Car buyers can expect attractive discounts and offers after a period of rising prices and long delivery delays.
Industry experts project a slowdown in growth, partly due to the shift towards used cars over new car sales, particularly in the entry-level segment.
The current fiscal year is expected to close with a record volume of 42.9 lakh units in the car market.
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Se espera que el crecimiento de la industria automotriz en 2024-25 se desacelere debido a la disminución de la demanda, la acumulación de inventario y el aumento de las ventas de automóviles usados.