Milestone 4.5M: Passenger vehicle sales set to rev up beyond December quarter record

India's passenger vehicle market is projected to surpass 4.5 million units in 2025, driven by sustained demand and a trend towards premiumisation. Luxury cars are expected to average ₹1 crore, while mass-market car prices will rise to ₹13 lakh. Carmakers have increased prices by 2-4% to counter rising costs.

from Auto-Industry-Economic Times https://ift.tt/kOQZDu4