Indian auto dealers hopeful ahead of festive season, US tariff fears persist

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Indian auto dealers anticipate a sales boost during the upcoming festive season. Rakhi, Janmashtami and Ganesh Chaturthi are expected to drive demand. Promotional schemes and ample stock will also help. However, potential U.S. tariffs could dampen consumer sentiment. This might lead to increased savings and reduced spending on vehicles. The Federation of Automobile Dealers Association shared this outlook.