Opportunity in Difficulty: February Record Car Sales | Indian Stocks to Make You a Millionaire

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Opportunity in Difficulty: February Record Car Sales

Posted By On 2:53 PM Under , ,
There is an opportunity in every difficulty and probably that is the reason we are seeing a record sales in the month of February in car sales. This can be attributed to advancement of purchases for the vehicle due to impending price hike which is likely to be caused due to increase in vehicle excise taxes by the Indian government.

Crude hike may lead to lesser automobile sales; but it presents them with an opportunity to make fuel efficient vehicles which will help them entice customers to go for their second car or second automobile. Thus one can see their is opportunity in every difficulty as experts are of the view that crude hike may lead to reduced demand in auto segment.
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