itachii
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India has overtaken Germany to become the fourth largest automobile market in the world, latest global data show. Automobile sales, including passenger and commercial vehicles, in Asia’s third largest economy grew 9.5%, the fastest among major global markets, last year to more than 4 million units, outpacing Germany’s 3.8-million vehicle sales, which rose by a modest 2.8% in the same period.
India’s passenger vehicle demand is led by utility vehicles
Sales volumes for Maruti SuzukiBSE 1.87 % Vitara Brezza and Hyundai Creta remain strong, new launches in segment include: Tata’s Nexon, Jeep Compass, VW’s Tiguan & Skoda’s Kodiaq.
The government’s thrust on infrastructure, stricter tabs overloading ban, macroeconomic environment buoyancy expected to keep the momentum strong in 2018.
Read more at:
//economictimes.indiatimes.com/articleshow/63438236.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
India’s passenger vehicle demand is led by utility vehicles
Sales volumes for Maruti SuzukiBSE 1.87 % Vitara Brezza and Hyundai Creta remain strong, new launches in segment include: Tata’s Nexon, Jeep Compass, VW’s Tiguan & Skoda’s Kodiaq.
The government’s thrust on infrastructure, stricter tabs overloading ban, macroeconomic environment buoyancy expected to keep the momentum strong in 2018.
Read more at:
//economictimes.indiatimes.com/articleshow/63438236.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst