Indian auto dealers expect sales to hold firm in December

NEW DELHI, Dec 08 (Reuters): India's retail vehicle sales by dealers 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 some cars cheaper and ongoing year-end incentive schemes for consumers.
Overall sales grew 2.14 per cent in November, the Federation of Automobile Dealers Associations (FADA) said, with sales defying expectations of a slowdown after the festive season.
Automobile dealers cited confidence, pointing to stronger enquiry pipelines, the ongoing wedding season, improved inventory levels as well as year-end consumer schemes.