Bajaj Auto LimitedNSE: BAJAJ_AUTO

Indian auto dealers expected to see steady demand in December

· Issued by Bajaj Auto Limited

India's retail vehicle sales are expected to remain steady in December, a dealers' body said on Monday, driven by a rebound in demand following recent tax cuts that made them cheaper and by ongoing consumer schemes.

In November, overall sales grew 2.14%, the Federation of Automobile Dealers Associations (FADA) said. That was lower than the growth in October, the first full month after the tax cuts took effect.