Saturday, June 3, 2023

In demand race, big cars outpace other segments

Sales of SUVs and multi-purpose vehicles (MPVs) exceeding 4 metres in length now make up at least 10% in volume terms even at compact-car makers such as Maruti Suzuki. The share of sub-4 metre vehicles, which enjoy policy preference from a taxation standpoint to encourage car ownership, has shrunk 6 percentage points in three years to 72%.

from Auto-Industry-Economic Times https://ift.tt/dBoHw9Y

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