What Ails Small Car Sales?
Stagnant middle-class incomes and price hikes due to stricter regulations and inflation have hit the segment hard.
entry level cars
September 2024
May 2023
Passenger vehicle sales drop for first time in 8 months in April
Entry-level PVs have fewer buyers, suggesting that customers at the bottom of the pyramid are still hesitant to upgrade from two-wheelers to four-wheelers, says FADA.
