Predictions for 2024: Small cars may lag in a good year for motown, says RC Bhargava, Maruti Suzuki

The current year can be said to be as normal as 2022-23, except that small car sales will have fallen below the previous year numbers. Overall, passenger vehicle sales in 2023-2024 would be at record levels of about 4.13 million. However, the annual sales growth from the 2018-19 levels up to this year would still be under 4%. The 2023-24 growth rate would be a little over 6%.

from Auto-Industry-Economic Times https://ift.tt/JsKwYyp