Tuesday, January 23, 2024

Indian Railways cuts SUV mass transport rates by 33%

According to officials aware of the matter, the new rates for transporting SUVs is 33% lower than the existing charges for moving large passenger vehicles. "There was a demand from automobile transporters to rationalise rates since demand for large cars has risen in the Indian market," a top railways official told ET. SUVs have become the rage with the share of such vehicles rising to 49% in the domestic passenger vehicle market in calendar year 2023. In comparison, the share of small cars, once the dominant category, fell to about 30% in the same period.

from Auto-Industry-Economic Times https://ift.tt/n56ONlp

No comments:

Post a Comment

iPhone 18 Pro Series to Feature Variable Aperture Cameras: Ming-Chi Kuo

Apple launched its iPhone 16 lineup two months ago and rumours about the iPhone 17 are already in full swing. However, rumours about the iPh...