Automakers pin demand hopes on festive season, govt intervention

Automakers, heavily bruised by Covid-related lockdowns, are pinning their hopes on the festive season and a government intervention to spur demand as the economic fundamentals remain weak. Despite the Covid fears, Korean carmakers Hyundai and Kia are aggressively trying to grab a bigger share of the market by nudging aside Japanese stalwarts and home-grown big players Tata Motors and Mahindra. Rising personal mobility needs have helped passenger