Wednesday, February 19, 2025

Passenger vehicle sales expected to grow in low single-digits in FY26, driven by SUVs and EV launches: SIAM estimates

Passenger vehicle sales in India are anticipated to grow by 1-4% in FY26, mainly driven by demand for SUVs and new electric vehicle launches. Entry-level car sales are expected to remain sluggish. Industry leaders Maruti Suzuki and Hyundai Motor India predict modest growth, while Mahindra & Mahindra and Tata Motors have a more optimistic outlook.

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

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