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There are so many unsold cars in India now that automakers are taking forced holidays

Pramod Mathew
There are so many unsold cars in India now that automakers are taking forced holidays

The stockyards and dealerships of India’s automobile manufacturers are chock-full with unsold cars and bikes. The piled up inventory currently stands at 500,000 passenger vehicles (PVs) and three million two-wheelers, according to The Economic Times newspaper. Market leader Maruti Suzuki will also shut its plants between June 23 and June 30 to manage the rising number of unsold vehicles.