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    HomeNewsOpinionAs hopes of government sops wane, auto investors stare at bleak prospects

    As hopes of government sops wane, auto investors stare at bleak prospects

    SIAM’s repeated requests to the government for a temporary 10 percent cut in GST across auto segments, are justified. Also, an incentive-driven scrappage policy and procurement programme for diesel/CNG business by state transport undertakings could spur sales and alleviate tepid demand

    Vatsala Kamat
    July 17, 2020 / 10:08 IST
    As hopes of government sops wane, auto investors stare at bleak prospects

    There is no doubt that sales have been picking up ever since lockdown restrictions were eased. This has also lead to auto manufacturers raising prices on some of their cars, to make up for lost sales as well as the upgrade to the new emission norms. Now, while the festive season has begun, there have been a few price hikes before sales and offers were announced. Here is a list of a few price revisions that took place over the past three months.

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