(): Finance Minister Nirmala Sitharaman’s stimulus package for the automobile sector is “too little, too late” to prevent a contraction in vehicle sales, and a cut in GST rates together with a vehicle scrappage scheme will be needed to prevent the decline, Fitch Solutions Macro Research said on Thursday. In its outlook for India’s automobile sector, it said the first stimulus package, however, indicates that the government is willing to intervene in the sector, which offers upside risk that the next stimulus package will be more targeted and more extensive.