Why are India's Car Sales Dropping? | Vantage with Palki Sharma

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Why are India's Car Sales Dropping? | Vantage with Palki Sharma
India's car sales dropped for the first time in more than two years in the month of July. Car dealers have complained that manufacturers are flooding them with excess stock in a bid to capture a larger market share. What explains the loss of momentum in car sales? Palki Sharma tells you.
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Automobile | Car | Market | Sales | Firstpost | World News | News Live | Vantage | Palki Sharma | News
#automobile #cars #sales #firstpost #vantageonfirstpost #palkisharma #worldnews
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
The show is anchored by Palki Sharma, Managing Editor, Firstpost.
By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories - making Vantage a destination for thought-provoking ideas.
Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms.

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Опубликовано:

12 сен 2024

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Комментарии : 631

@subaganesh232 21 день назад

Govt has destroyed the car market with its taxation. Govt is earning more than the car maker

@deadshot6135 21 день назад

True

@noob-gx5bu 21 день назад

All products there system

@rahuldeshmukh5758 21 день назад

I intend to travel 12 hours to my hometown next election to vote against this government!

@marcos-1210 21 день назад

@@rahuldeshmukh5758 Glad that u have to travel 12 hrs or else during Congress gov u had to travel 24hrs😂

@ashlyjames4729 21 день назад

This government will destroy everything . They looted the people on high taxes on fuel and other products 😢

@NikZeDawn 21 день назад

People are probably on saving mode due to high taxes, no job security and high cost of living.

@tarunmalik301 21 день назад

Yes you are right Want to buy a car but don't want to spend on reoccurring insurance and services and damages per year

@girishtallamraju207 21 день назад

Well said

@nrsivaraman 21 день назад

Exactly. in India you have to pay direct and indirect tax. Taxes are too high. Paying taxes on Income Paying taxes on Investments Paying taxes on Long Term capital Gain Paying taxes on Short Term Capital Gain Paying taxes for Spending, eating out, Buying things.

@beastislive7174 21 день назад

high taxes? Taxes are the same from post GST, and even previous regimes had more taxes compared to now....But other points does make sense

@kunalnaroliya6358 20 дней назад

@@beastislive7174 petrol price, toll tax, indirect Tax while purchasing a car(environment tax, pollution, municipal parking) etc. Inflation plays a big role as well.

@motocam90 21 день назад

Main reason is rapid increasing of vehicle prices every year

@user-zb2cu6ov8s 20 дней назад

There is hardly any car available below 5 lakhs nowadays

@AkhandBharat-mj7wg 20 дней назад

har saal 50-60k toh ese bdha rahe hain ki bc gaadi nahi sona hi

@motocam90 20 дней назад

@@AkhandBharat-mj7wg sahi kahaan apne

@SB288 20 дней назад

@@user-zb2cu6ov8s Alto bhi 5 se upar chali gayi hai. Bas shayad Nano reh gayi hai ab to.

@vedpratap8113 19 дней назад

@@AkhandBharat-mj7wg Safety and features . After sale services bhi kuch khass nahi hai aur price esse badh rahe pata nahi kitni luxury provide kar rahe hai car me.

@Bhairavvvv 21 день назад

In india the government is rich not the people 😅

@krantikoganti 20 дней назад

so in the western nations 🤣

@VKP-i5i 18 дней назад

Hey we have temple and stupid gotra stories 😊

@spritualist6519 12 дней назад

Absolutely

@nickelvikky9707 21 день назад

Taxation in India kills Automobile industry.. 48% tax is a killer .. Secondly no space on roads to drive

@asraotuni 18 дней назад

Its not 48% 28% gst + 22% cess + 20% road tax + gst on insurance for a car priced at 30L Fuel prices and taxes in it, and Road tolls ... we all know

@nickelvikky9707 18 дней назад

@@asraotuni for cars above 4mtrs it’s 48% tax GST is 28% & cess 20%

@sandeepkumarmajhi9735 18 дней назад

Really? No space on road.india has built large no of roads in last 5 years

@GamerInside270 14 дней назад

@@nickelvikky9707 more than 4m and more than 1.5l petrol engine and 2l diesel engine.

@ALIYYILA 14 дней назад

@@sandeepkumarmajhi9735 Where? Who?

@nippu6818 21 день назад

Brilliant India consumers finally realised the definition of Liability and asset.

@SurajKumar-ey2et 21 день назад

Nice... 😅

@RAJ-km8gw 19 дней назад

People are going for secondhand vehicles buddy

@RAJ-km8gw 19 дней назад

Go and check secondhand vehicles sales it's day by day increasing

@RAJ-km8gw 19 дней назад

In 4 to 5 lacs budget people are getting good cars.... Not alto lxi 😂😂🤣🤣🤣🤣🤣

@prasb 6 дней назад

@@RAJ-km8gw Are bhai chup betho, chilla chilla sabko scheme mat bata 🤫

@afsallais9825 21 день назад

Compound tax. Road tax, central tax, state tax, fuel tax, service tax, income tax. Better go by uber or metro. Only govt benefit from petrol diesel vehicles.

@Farmer4411 19 дней назад

Paise kamao bhai car toh necessary hai

@Rafiqansari-w3d 19 дней назад

@@Farmer4411nehi sudhroge😂

@Farmer4411 18 дней назад

@@Rafiqansari-w3d nahi bhai mein toh fortuner lene ki soch Raha hun! Zameen bech dunga 50 lakh ki 2 bigha bahut h mere pe

@khageshfirke392 17 дней назад

@@Farmer4411 WTF. Thabks ror supporting economy

@silentstormstudio4782 21 день назад

The people who bought conventional cars a fews years ago won't be shifting to EVs till atleast next half century.😅

@PVivekmca 20 дней назад

😂😂😂

@Hindusanatan192 18 дней назад

I would ride a cycle instead of using EVs.

@naveenv023 20 дней назад

I just got a quote for XUV700. The ex showroom price of 19,99,900/- includes 1,89,000/- CGST + 1,89,000/- SGST + 2,70,000/- CESS at 20%. Road tax is a different story all together

@ashishdevnani 19 дней назад

road tax is a joke...terrible condition during rains...BTW yeh CESS kya hota hai.

@cyth1054 18 дней назад

@@ashishdevnanisynonym of tax ..meaning we have to pay it..😂😂

@johnny_bravo9990 18 дней назад

You only get seats and steering in entry level XUV 700 for 19.99

@Swastik-ju6vk 18 дней назад

@@ashishdevnani CESS Tax is the one that we have to play according to the vehicle length, Bigger the car, Bigger the CESS Tax

@umarshamsi4198 16 дней назад

Add to it Rto tax another 2 lacs approx Insurance 70 k 30k miscellaneous So 3 lacs added to ex showroom price. So a total of 9.30 lacs tax on a 23 lac car.

@Rav01508 20 дней назад

2 Samosa, 1 Tea and a Water Bottle costed me 490 Rs at Mumbai Airport. Flight Ticket From Mumbai to Kolkata- 9230 Rs. Cab drivers Took 1500 Rs. Total 11220 Rs For Reaching Home (One time). Avg. Person Earns Salary Per month in Kolkata is 17000. And many of those People Among 100 Crore population whose Family depends on their Earnings !! Seriously Janata Khatre mai hai !!

@STgauss3268 20 дней назад

You're one of the middle income class like me who are fk by this looter party.

@jaihind7886 19 дней назад

@@STgauss3268 Which party BJP or TMC 😂

@anantraman7799 19 дней назад

A kind of loot is going on in our country. Government is least bothered

@STgauss3268 19 дней назад

@@jaihind7886 who else run the Financial Ministry of our country?

@RAJ-km8gw 19 дней назад

Cab driver 1500 rs 😅😅😅😅😅how much kms ???

@swetaschabanayak5241 21 день назад

Govt Killing Auto industry, Gst 28% cess 15-22%. Hybrid No Tax Relief, I want to buy Hybrid Honda City & wait till Tax benefit. Tax like UK Road like Pakistan. 7.5 lac inventory, Rs 80k cr unsold car. Govt Earn more Than manufacturers👍

@animeshsharma3363 20 дней назад

In UP, Yogi/BJP government is giving 100% off on RTO registration for hybrid cars.

@prasb 6 дней назад

Just get 4th hand maruti 800 bro.

@swetaschabanayak5241 6 дней назад

@@animeshsharma3363Now Nitin Gadkari ji Saying No Tax Benefit for ev

@killingking1739 21 день назад

10 year and 15 year car rule is also hurting people

@kunalnaroliya6358 20 дней назад

Good point

@user-zb2cu6ov8s 20 дней назад

That rule only exists to squeeze more money from people. Gov. Expects a common for whom a car is an achievement and luxury to dump a good working car in 15 yrs and buy a new one again for no reason? How does this make sense? Screw the rule, I will drive my car as long as it runs and others should do the same. We shouldn't comply with every nonsense put forth by gov.

@kunalnaroliya6358 20 дней назад

@@user-zb2cu6ov8s my honda city 2008 is far better than current sedans in market. Best in class engine, no maintenance. very happy from my 16 years old car. it will run next 10 very smoothly. Thanks to Japanese technology.

@raghavsridhar 20 дней назад

That 10/15 year old rule only in DELHI NCR

@sumitdawar007 20 дней назад

That rule exists because of huge tax income to government. Running older cars is more eco friendly in terms of limited resources but govt. wants more sales and taxes

@Ojas20p 20 дней назад

Reason 1 : Govt's super high taxes Reason 2 : Govt's excessive emission control without subsidy Reason 3 : Low disposable income due to higher taxes Reason 4 : Overestimation of sales by car manufacturers

@ALIYYILA 14 дней назад

In short, Due to Tax terrorism.

@vinaychabria 20 дней назад

The government is killing the common man in the name of Tax. Not only cars but everything has become costly now. The cost of living has gone up like hell. People say india is growing fast, but as a common man i dont see anything growing..we still get those bad roads, indisciplined traffic, same old chaos on the roads, same old overcrowded buses and trains where we cant even stand properly, the list goes on and on...the only thing i see growing is the population and nothing else. Im not an ecomics expert or so im just talking as a common middle class person, we have to pay more for each and evrything from medicines to groceries the prices are doubled but the quantity we get are half year on year.

@beinghuman7407 15 дней назад

That is why we are paying taxes like England to get the services like Somalia.

@MunendraPandey 20 дней назад

The only reason is Govt's Greed. 1- Tax on income, most people who buy cars comes in 20-30% tax slab. 2- Again tax on car upto 48% 3- Very high RTO Charges. 4- Again nearly 100% tax on petrol and diesel. 5- Toll Taxes and cherry on top is pathetic infrastructure.

@beinghuman7407 15 дней назад

And dont forget after 15 years your car worth of 15-20 lakhs will become zero due to mandatory scrap policy so you will get no resale after 6-7 years if you try to sell and upgrade. So now buying a new car is a huge liability that is why people looking for cheaper. Used cars

@hitexhrh2639 21 день назад

I showed the dealer this report, they said the car price increased because cost of getting it here higher. Inventory may be piled up, but no one want to deliver it here.😅

@arunkumarm18 21 день назад

Jobs are dropping hence sales are also down

@beastislive7174 21 день назад

LOGIC AT ITS PEAK FR

@arunkumarm18 20 дней назад

@@beastislive7174 Don’t raise your Voice improve your argument.

@Snoozefor10minutes 18 дней назад

Tax terrorism

@unmeshsathe8723 20 дней назад

Government has hand in glove with car manufacturers. Car manufacturers have increased the prices by minimum 30% to 35% after COVID without any valid reason. Please see the profits recorded by Maruti Suzuki and other manufacturers in last quarter. You will see phenomenal rise in the profits.

@abhishekanand1102 20 дней назад

BS6 is the reason for exorbitant price increase post covid

@sanketnegi1 20 дней назад

The reason was chip shortage.. But when the shortage reduced they did not bring the prices down

@Raja-ct9xq 20 дней назад

Pathetic Roads, High Fuel tax, High tax on vehicle purchase - Worst traffic : Sufficient reason for not to buy a car.

@AkhandBharat-mj7wg 20 дней назад

Excessive Taxation, Overpriced Cars, Fleecing at Tolls and Parkings and every avenue possible and Sub-Saharan Infra has created this issue.

@eskutts 21 день назад

Increasing layoffs, high cost of living is prompting many people to cut down on unnecessary expenses and trying to save as much as possible for the future and hence the decreasing demand for cars. Also cars are not necessary item as many families can survive with two wheelers itself and with increasing number of online cab aps, it's not that compulsory to buy a car right now especially in today's economic crisis as private sector jobs are very vulnerable to layoffs.

@priyankarpanja4676 21 день назад

@eskutts, "two-wheelers" are also vehicles like cars. Cars can be necessary, based on weekly range of travel & its frequency, or if one providing ride to others. People who mostly travel within locality may manage well with bikes-scooties. Drop in car sales is due to recent economic slow-down, high fuel price, and also on other important factors like only 10 to 15 years span for scrappage & insufficient development in alternative vehicles (EVs) & lack of sufficient options in market (now trend is mostly for SUVs, compact-SUVs that could be costlier compared to small-Hatch-backs or Hatch-backs or small-Sedans).

@eskutts 20 дней назад

Yes, I said the same thing, u just added few extra points which I missed.

@jaihind7886 19 дней назад

@@priyankarpanja4676 Its Just RU-vidrs Propoganda, every year during July-Aug Sales are lower, There is no drop in Sales its just the Deliveries happens lower in July/August as people tend/opt to wait in Monsoons for not using new Car😊 Just see Sales in Oct -Dec when both Weather/Festive is Great, Also Discount are Gimmick (Exchange/Loyalty Bonus) to lure people to visit Showrooms then you will get to know the waiting period 😂

@preann8730 21 день назад

You need courage to tell the reality of India. Price increase, inflation, excess tax to middle class, unemployment and many things. But what can be done if someone's remote is in other hand.

@marcos-1210 21 день назад

Unemployed don't buy cars

@arjunsavanur7242 21 день назад

@@marcos-1210 ever heard about taxi driver?

@kunalnaroliya6358 20 дней назад

sahi baat he😂 mere khayal se ye ek paid video pre diwali sale offer aap video dekho or paise bacahao kyuki bahut gaadiya stock me he diwali pe sasti wali khareed lena company ka stock bhi clear hoga or profit bhi 😂😂😂

@jackmadaima4681 20 дней назад

Which contributes to lower sales@@marcos-1210

@harshitjha6605 14 дней назад

The middle class pays taxes everywhere. No relief. First income tax, then cgst, agst, road tax, tcs etc. That's why people are not buying cars.

@moonlight_1041 20 дней назад

I asked a dealer from a reputable brand regarding it.. and the sad reality is that now the car prices are really exorbitant.. there was a time where you can get Swift for 6 lakhs.. Where now it is close to 9 lakhs..

@RAJ-km8gw 19 дней назад

That time with no safety u get it in 6 lacs.. But now there are lots of safety features added brother.... 6 airbags abs ebd lots of safety features and Emission norms also....

@Swastik-ju6vk 18 дней назад

With an inferior engine

@shivprasadjoshi5280 20 дней назад

Also, How many cars will people buy? The absence of good public transport is also a root cause of increase in the car consumption.

@MSharma-g7 21 день назад

RTO charges too high specially in Karnataka. One nation One tax is just a slogan

@Snoozefor10minutes 18 дней назад

Let bimaru states pay GST and income tax faithfully first, then we can talk about one nation one tax......

@allOizzOwell 16 дней назад

As a customer I want to buy a car but 1. Car cost gone up in last few years 2. So much tax. Almost 2 to 3 lakhs after ex-showroom price. 3. Confusion about fuel choice whether to go for petrol, CNG or EV. 4. Too much fuel cost. Monthly Fuel cost is more than EMI. 5. Too much traffic in metro cities like Pune. Zero improvement 😊 If you some up above factors whose fault is it? Is it election? Is it climate? No its our govt and their policy to faaq middle class. And I voted for them now regretting 😊

@ay9523 21 день назад

Even dealers holding cars in demand to sell them on higher prices … also due to slow down demand is slow

@sarthakparmarofficial 21 день назад

Cars should not be promoted as it will be choas in cities and everywhere if everyone will have personal car also the pollution will be there...cities are over crowded with cars I hate it

@sujok-acupuncture9246 20 дней назад

What you posted is a real dangerous problem. Public transport should improve both qualitatively and quantitative. Only then high income group people will start using them. Nowadays even middle income group people also are shifting to their personal cars.

@sarthakparmarofficial 20 дней назад

@@sujok-acupuncture9246 yes that's the problem I advocate for good public transport

@MegaPrams 20 дней назад

What is the govt doing to improve public transport? Most public transport are running on loss cause of poor state govt policies and freebies

@sarthakparmarofficial 20 дней назад

@@MegaPrams yes that's sad

@sujok-acupuncture9246 20 дней назад

@@MegaPrams how private travels make profits and not the government transport. Unprofessional management. Net result= chaos on roads

@IASMARG 21 день назад

Unemployment, high interest rates, high taxes on cars, extensive hike in car price etc. These are the real reason for low sales

@Araboctane 14 дней назад

I don’t know why she not coming to main point, Indian automobile downfall has begun, after all nearly half of car price goes to government as a different kinds of Taxes.

@467suman 21 день назад

Scrapping policy, price increase

@hearthealthy 18 дней назад

The answer is - very high prices of the cars that are unjustified for the quality and features obtained. In an inflated market - consumers would like to hold on to their current cars rather than get new ones.

@anujartt 21 день назад

We need more robust public transport rather than inflating car demands by creating infrastructure mostly suitable to car owners.

@madanjothidasan 17 дней назад

We need politicians to use public transport and set an example to the common manj

@shastrachakshu108 20 дней назад

Another important reason is the perilous state of traffic. People hesitate to drive in frustrating traffic.

@ruskip 16 дней назад

Karnataka has the highest tax in the world paying almost 25% tax

@Darna_Zaroori_Hai 18 дней назад

1. Increased taxes 2. Increasing market size of used cars 3. With October approaching, people are waiting for Dhanteras/Diwali for purchasing new vehicles.

@arvindverma2213 15 дней назад

Scrapped vehicle owners should be compensated by govt with 100 pct gst and cess waiver and road tax waiver. NCR owners have suffered a lot.

@amodpataskar5673 20 дней назад

Indian roads are already overburdened, New public transport vehicles should be getting a subsidies to improve traffic issues

@user-je7pc2mp5e 21 день назад

Everything in India is dropping these days😂😂

@deadshot6135 21 день назад

Except the GDP growth 📈📈🔥🔥

@-bigChungusVerified 21 день назад

Except GDP growth and people’s wise savings ❤❤

@prajwal1341 21 день назад

shut up wumao

@MG-fv3mv 21 день назад

Except retail tax

@tarunmalik301 21 день назад

Except rape cases

@ashlyjames4729 21 день назад

Yes Palki, I am planning to visit all the dealership in the city tomorrow with your report. Let's see the outcome 😂❤

@bismarck9938 20 дней назад

He won't give a shit, max 50k discount..

@ashlyjames4729 20 дней назад

The dealers are telling me to go to your office and ask for more discount 😄

@piyushchandnaa 15 дней назад

Indian govt should make zero tax policy on cars with no cost emi. Registration & road tax zero

@junaidisalam5718 20 дней назад

rupee suffers biggest drop in 2 months, biggest trade deficit, foreign company exodus and india's car sales dropping is just an icing on the cake

@vaibhavrathi8624 4 дня назад

People also have become aware of govt taxes.. And unemployment is also a problem

@AryanGupta-pd9ue 19 дней назад

Govt thought by diverting indias wealth to ambani adani, they will buy all cars, लेकिन उनको विदेशी items पसंद हैं😂

@parvinderjitsingh5117 20 дней назад

High tax. Govt making more than manufacturer. 10 lac car after tax costs approx 15+ lac. Approx 43%tax

@jakerkz 19 дней назад

That too Without any investment and risk.

@harshitjha6605 14 дней назад

People are fed up with tax everywhere but Finance minister want to tax more 😢😢😢

@aviroopdas400 18 дней назад

If the manufacturers are worried about car sales, then drop the price to half of it.

@motichandkittur5432 20 дней назад

They should think of decreasing price and giving more luxury features just like in other foreign countries

@arunforever1 18 дней назад

The power of common man 💪 we've been taxed too much!

@navin344 20 дней назад

Ev does not make sense due to prices and the ice cars is also down due to high taxes, making cars expensive

@pavankanuri1211 11 дней назад

The main reason is confusion created by Govt: At one moment, he mentions 100% ethanol, then shifts to EVs, and at another point, discusses hydrogen cars. For a middle-class Indian family, purchasing a car is a significant long-term commitment-one that shouldn’t be jeopardized by such unpredictable policies.

@prince1995moh 6 дней назад

one of big reason I found difficult to consider a new vehicle is its reliability and quality of product and after sale service and support. My present phone was brought for 16k on 2020. My present two wheeler from suzuki was brought on 2021 for 95k. my phone is still working in very good condition. But my scooter which clocked 38k after undergoing all necessary repairs and maintenance at an authorised service centre at regular intervals is facing issues like engine parts damaged need repair and replacement. clutch parts damaged need repair and replacement. meter is damaged need replacement. certain others parts also need replacement. and i have already replaced two turning light units and tail light unit under warranty. and if things are not covered under extended warranty then this service all alone at this point I will be having a bill of 20k. I wonder why my phone survived better than my scooter even though I use my phone much more than my scooter. And family and friends My new scooter was Suzuki Access 125 2021 bs6 model. and their is another story going on with royal Enfield too I am tired of all these poor quality products unreliable without a warranty card.

@shubhamer2000 21 день назад

Wait for 2027 BS7 will be implemented starting price wud be 10 lacs

@shubhamer2000 21 день назад

@@Soldierboy6486 basically INDIAN version of EURO 7 pollution norms and whenever norms are upgraded engines have to be upgraded which increses their cost further that is why many experts already said that cost of cars wud be increase by 1-1.5 laks EURO 7 going to be implemented in 2025 while BS 7 going to be implemented by 2027

@nobody-789 21 день назад

Better buy a used car. Buying new one means we pay 50% of the price as tax.

@kevinmathew2973 21 день назад

Makes sense. I have done as such

@polovw89 20 дней назад

People selling used cars are smoking something weird, prices for 9-10 year old cars at 150% of original invoice value

@sanketnegi1 20 дней назад

Did same

@sanketnegi1 20 дней назад

@@polovw89True.. They are charging the same price they purchased in after 4-5 years use..

@polovw89 20 дней назад

@@sanketnegi1 Arey dada they'll appreciate it over their invoice value and say it is doctor driven, mochi owned, halwai maintained, milkman transferred and all that nonsense

@prouser7080 16 дней назад

people paying high TAX and no money to buy anything😅😅😅

@TienyeeTien 11 часов назад

“Because Indians are all moving to Canada 🇨🇦 “

@udayveeranthal367 20 дней назад

Buyers of uncertain of the future of automobiles. Those who are diesel fans are fearing a complete ban on diesel vehicles by 2030. Those who want petrol are also worried about the future as the policies are not clear. EVs 😅😅😅

@ladhkay 21 день назад

High taxes on cars

@user-es7hj3cd4i 4 дня назад

Even upper middle class are also feeling the heat of living cost. Govt unrentless in taxing everything. Owning a car may be a dream

@rajv5740 12 дней назад

I like the last line," show them this report"

@abhishakemarick1995 20 дней назад

Another problem is Tax state tax, central tax, cess, insurance, road tax, then income tax which we r giving then again 60% tax on petrol & diesel then when car goes servicing again tax, So TAX TAX TAX. Tax to the power infinity

@azharyete1245 21 день назад

Emission norms, high taxation, no proper policies and pushing useless evs are the major reasons.

@nandalalu5580 17 дней назад

40% Taxes Government making more money than Buyer and Seller

@jitmick 21 день назад

Consumers should benefit from this sales bottleneck...also roads in our cities have not been able to keep pace with the burgeoning number of new vehicles

@siddharthreddy5298 20 дней назад

I reckon it is like this globally. People are realising to do better investments.You should see the car sales in Australia. Prices slashed by 20%. Heaps of Tesla cars in the dockyard which are now been selling at base price 50k AUD(27-28lacs INR) earlier they were 70kAUD(35-37lac INR)

@easternprestige 14 дней назад

Indians keep their cars for long. Most of the Indians who bought cars after the Covid will not think about changing their cars for the 4/5 years, hence the sales will not be same as post Covid.

@AtheistfanGuava 14 дней назад

That depends on income?

@SaiSS961 21 день назад

The two reasons are just stupid😂 i hope they listen to what they are saying 😂😂

@KoK007-R7T 20 дней назад

The car prices and taxes are insane in india. Congratulations to Nirmala ji for huge taxes in everything.

@karthik2250 20 дней назад

Dealers are Idiots too! On a 14Lac re car they ask 75k insurance where On 23Lac re IDV car I am paying 36k insurance and on a 64lac re car I am paying 80k! So the New car dealer + Manufacturer need to stop fleecing customers

@meANDpujju 14 дней назад

If automobile companies keep increasing rates before the end of every quarter, then this will be the situation one day

@Materealistic_empath 4 дня назад

BS 6 ruined car industry...shame on u Gadkari !!

@pradeepnethi4393 20 дней назад

I am an Modi Bhakt . So i will defend with all my Illogical points to push the idea that this not because of taxes or not because of un employment. So This is by Congress

@0608abhishek 3 дня назад

Because we don't have money for basics like food due to incompetent government. Car is beyond thought.

@woman178 2 дня назад

Peoples purchasing power problem need to resolve the purchasing power issue

@classicfitness8478 14 дней назад

Ms Palki, Indian festive season ends in December. Indians celebrate Christmas too and lot of business comes during that time.

@mahadevtravels5264 20 дней назад

In name of features, prices are rocket skying each year

@dheerajr1703 20 дней назад

Main reason is tax (sorry finance ) minister.....nirmala tai ......because they add cess , petrol prices are up , gst on insurance and maintenance , bad roadways , high toll taxes and waiting period for some cars

@IHE87 16 дней назад

1)general elections ❌ 2) heatwave ❌ 1)election result ✅ 2)FM budget✅

@smile_ride 12 дней назад

We Indian got to know what's liability and what is the assets

@santoshraicabs 20 дней назад

Still dealers are playing waiting waiting game, my HyCross booked from last year is still in waiting

@rajagopal5570 20 дней назад

Lmfao true it’s just like a scam lol they are playing with us to make more demand

@jayaramabbaraju7489 13 дней назад

Good for 🇮🇳. We do need so many cars. With our congested cities and worst air pollution in the world, we need public transportation. Let these car makers repurpose their factories to make metro rail coaches and fuel efficient buses.

@user-zb2cu6ov8s 20 дней назад

Well for tata I can personally vouch that their poor after sales service is one factor conrtibuting to the sales drop. You buy tata car you have to live with mentality of owning a truck.

@manmohanrao6813 14 дней назад

Not having proper diesel car is biggest problem

@sameermulye2711 21 день назад

As always to the point ... thank you !

@nikmaverik4947 18 дней назад

High unemployment rate, increasing inflation and rising prices of cars plus cars are the biggest depreciating asset

@tradehut2782 21 день назад

One thing is glaringly obvious: Wait

@FunZone-007 16 дней назад

Indian infrastructure leaves drivers a nightmare for driving. No point in buying new cars to drive in pathetic congestion on narrow roads filled with poth holes. In cities it roughly translates to spending 1/3 of the day in traffic chaos. Instead buy a 2nd hand will maintained car through known sources.

@Rajdeep_97 14 дней назад

Main reason : Tax badh raha hai, kharcha badh raha hai, middle class ki income nahi...

@srinivasrao369 17 дней назад

High inventory costs High rentals High bank interest rates High salaries r killing dealers

@yoursandeeprao 14 дней назад

With car manufacturers taking up ‘digital carpet’ approach, we urgently need leasing business model (consumer centric) for better market penetration. Secondly Govt scrap policy is still on paper. These would help easing the burden. Finally we collective should explore local manufacturing to bring down the prices..

@joythink 19 дней назад

Its shocking that in this era the auto industry still tabulate primary sales from manufacturers to dealers rather than from dealer to end user. This leads to pileup at dealer inventory level. Manufacturers do this to avoid carrying inventory or Just in time manufacturing. Lastly the cost of cars have gone up significantly post 2019. It has to rationalise immediately.

@praveenthomas 6 дней назад

80% tax on vehicle, to buy a 10 lakh car you need to pay 8 lacs on it, 3 on income and 5 on vehicle

@user-xy3cn5yq5m 16 дней назад

Over priced cars and higher taxation are main causes along economic slowdown.

@rakeshranjan7647 12 дней назад

The big reason which you are missing is taxation , 28% gst then road tax and even toll tax is too much costly now

@premchandngangbam5571 13 дней назад

The reason is the taxes.. Taxes are higher than the actual prices of the car.

@SB288 20 дней назад

Ek creta car ki 2016 tak top model 15-16 lakh me aa jata tha aur ab 22-23 Lakh me. It happens with every car. otherside quality of cars have been decreased drasticly.

@shankarsaranjibi8238 20 дней назад

The reason is that there is too much surplus supply of cars in the market by various brands and with multiple models and the actual on road price is double and triple then the base ex showroom price...less demand and more supply....

@greenmagician1996 20 дней назад

cars today are just not worth the price .. High taxes from govt and Cost cutting tactics from car manufacturers are the main culprits

@shahadp.t.684 20 дней назад

Families are not spending more on lifestyle changes these days due to high cost of living and job insecurities ..

@nagarajm5701 18 дней назад

You are telling car sales are dropped but in bangalore the main culprit for traffic is cars having a 23 lakh car usage only registered in bangalore rto only