Maruti Suzuki to Hyundai, carmakers hope for a cracker of a Diwali even as NBFC suffer fund crunch
Confusion over new insurance policy premiums, tightening of financing to the end-consumers by non-banking financial institutions (NBFCs) in backdrop of crisis at IL&FS and high fuel prices are some of the reasons that led to drop in bookings.
An executive of a Mumbai-based showroom of luxury car maker BMW said this festive season 6 series GT and X 1 cars are much in demand though some of the older models are still getting a second look.