Car sales likely to touch record 3-mn mark by the end of March.
Nano remains a cautionary tale of misplaced ambitions and a drag on profit.
From Alto to Audi, get car discounts of up to Rs 900,000
Broader markets are outperforming the benchmark indices- BSE Midcap and Smallcap indices are up 0.8%-1%.
Maruti, Hyundai & Mahindra together had 72.5% market share in year's first half.
The models from Hyundai and Maruti, which might go on sale in October 2018 and February 2019, respectively, are set to revive a segment that had lost sheen to the compact SUV segment, lately
Kwid's early success is evident from a number of 50,000 in booking in just about a month of launch in September 2015
The broader markets, however, outperformed the benchmark indices -- BSE Midcap and Smallcap indices ended up 0.6%-1%.
While retail sales at dealerships have suffered the full impact of demonetisation, the growth in wholesale volumes comes as dealers had relatively lower inventory after Diwali in October.
After a spectacular show in 2016, Kwid's sales have contracted by 20 per cent during the April-December period of FY18 to 65,572 units.
