INDIA SALES ANALYSIS: AUGUST 2016
Going by the sales numbers of Maruti Suzuki India, Mahindra & Mahindra, Toyota Kirloskar Motor, Renault India and Nissan India, passenger carmakers are clearly benefiting from the flurry of new models introduced in the past year.
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As Indian passenger vehicle manufacturers began revealing their domestic market sales numbers for August 2016, it was amply clear that the tide has turned in their favour.
With an above-normal monsoon boosting farm production across the country, improved market sentiment and a flurry of new, affordable models in the past 6-8 months, good times have returned to the PV market. What’s more, with the festive season all set to open in a few days from now, expect the sales numbers to get better in the coming months.
Maruti Suzuki India, the bellwether for the Indian automobile industry, ...
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