Motown shifts gears: Carmakers move towards premium segments as mass-market growth slows

Indian car manufacturers are shifting focus to higher-priced vehicles, aiming for better profits despite slower overall market growth. The popular sub-₹10 lakh segment is shrinking as buyers increasingly opt for cars loaded with features, priced between ₹7.75 lakh and ₹12 lakh.

from Auto-Industry-Economic Times https://ift.tt/jF7y5Gk