These days market is slump and every show room owner and sales persons are definitly thinking what to do.
we have to discuss about the reasons of this "mandi"
There are various reasons.
1- Escalating prices of the vehicles.
2- Huge amount of various taxes on vehicles.
3- Many banks stop leasing the automobiles.
4- Some banks are leasing but limmited nos.
5- Most of the people can not afford to purchase.
All depend upon the policies of the excisting government.
Government should provide some relief to this industry by cutting dawn the amount of the taxes imposed on this industry. Also should encourage the banks and leasing companies and introduce such laws so that these organization could bring dawn their interest rates.
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