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Car sales in India to stabilise in 2020 on back of stimulus measures, discounts, according to Moody's

Updated : February 26, 2020 06:49 PM IST

Weak consumer demand and tight liquidity will likely limit any improvement in car sales this year, according to Moody's.
The ratings agency expects sales to rebound only modestly in 2021 with growth of 1.5 per cent.
Moody's also predicted auto sales decline in China.
Car sales in India to stabilise in 2020 on back of stimulus measures, discounts, according to Moody's

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