Of the 15 car manufacturing companies in India, eight have a market share of below 2 per cent, raising questions about their long-term future in a competitive market that has already seen Ford Motors and General Motors slam the door on India.
Honda also unveiled the all-new CR-V and Civic sedan as part of its plan to launch six new products in the Indian market over the next three years.
The Accord hybrid has a 2-litre petrol engine combined with two electric motors
Company to help dealers build secondary income sources like insurance, finance, after-sales, accessories
Hyundai sold 6,054 units of the new Verna in September, against 6,010 units of the Honda City and 5,603 units of the Maruti Ciaz.
Car sales likely to touch record 3-mn mark by the end of March.
Maruti, Hyundai, Tata Motors, Mahindra & Mahindra and Honda saw their passenger vehicle sales improve in August compared to the same month last year, although Ford and Toyota witnessed a decline.
The automatic variant of the SUV is priced at Rs 11.99 lakh
The measures government takes next to push economic growth will be the key for automotive sector
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