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ET Graphics | Compact cars gain momentum
Mini car sales saw a significant increase last quarter, doubling after a three-year slump. This surge followed recent Goods and Services Tax rate reductions, making these vehicles more affordable. Entry hatchbacks, under 3.6 meters, experienced a 107% rise in sales year-on-year. Previously, sales had dropped by 62% from their peak due to rising costs. The market now shows renewed demand for these economical vehicles.
Raccontata da
economictimes.indiatimes.com
Timeline cronologica
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ET Graphics | Compact cars gain momentum
Mini car sales saw a significant increase last quarter, doubling after a three-year slump. This surge followed recent Goods and Services Tax rate reductions, making these vehicles…
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India's small cars are making a big comeback
India's smallest cars are showing signs of a comeback after years of decline. Passenger vehicle dispatches hit a record high in the April-June quarter, but the biggest surprise…