I don’t think that is really likely. Car sales in India would likely remain flat despite a collapse in oil prices. Normally, weak oil prices should have boosted sales but as weak buying sentiment amid a Covid-19 outbreak and an economic slowdown weigh on consumers. Customers are unlikely to flock to showrooms, though lower crude oil prices will lead to a fall in prices of diesel, petrol and CNG. While the fall in crude oil prices will reduce India’s import bill, the automobile industry has also been struggling with a liquidity problem that may worsen following the crisis at Yes Bank that has affected thousands of depositors. In fact, banks have already turned wary of lending to auto dealers against inventory and that has put the brakes on inventory stacking. Also the regular shift from one BS to another is leading to a lot of time being spent in upgrades and production plans are getting impacted.