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Reputation: 642,681  •  Jun 4, 2023 5:46 AM
In demand race, big cars outpace other segments
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%.
The Economic Times

https://economictimes.indiatimes.com/industry/auto/cars-u...
#MnM #MARUTI

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