Automakers Brace for Lower Production as Car Sales Dip in March

A slowdown in March anticipates a period of subdued car sales for the upcoming fiscal year, with passenger vehicle industry expected to report lower wholesale numbers. Automakers may need to adjust production volumes to match demand-supply dynamics. Industry executives caution of challenges in matching supply with demand, with total retail sales likely to remain flat in April and May due to various factors including delayed purchases amidst election season.

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