Sales of under ₹5 lakh cars fell 97% in last 9 years

Sales of under ₹5 lakh cars fell 97% in last 9 years

Maruti Suzuki seeks government incentives as entry-level car sales under ₹5 lakh plunged 97%, from 9.3 lakh units in FY16 to just 25,402 in FY25. Market share dropped from 47.4% in FY18 to 27.7% in FY24. As domestic demand dips, Maruti targets 20% export growth in FY26, focusing on Japan, Africa, and Latin America.

Read Full Article ...

© yugma 2025

Google Play and the Google Play logo are trademarks of Google LLC.

Apple and the Apple logo are trademarks of Apple Inc.