Sales of cars priced under ₹10 lakh declining: Maruti Suzuki chairman
Maruti Suzuki chairman R. C. Bhargava says lack of affordability is the key reason for the drop in car sales in the sub ₹10-lakh segment.
Maruti Suzuki chairman R. C. Bhargava says lack of affordability is the key reason for the drop in car sales in the sub ₹10-lakh segment.
Small car market will revive and a large segment of people at the lower end who are still scooter owners and want a more convenient, safer mode of transport, says R.C. Bhargava.
Bhargava acknowledged that Maruti Suzuki is trailing behind its peers in the electric vehicle segment.