Recently however, the skies have turned in favor of the Indian Passenger in the form of reduced fuel prices this year. However, even this happiness was short-lived after yet another big thunder blow in the form of increase in the prices of automobiles in 2015. A plethora of mixed emotions and dynamics indeed.
The sale of cars has seen a ballooning growth of 3% with over 169,300 units sold. The Second largest segment, comprising of SUV's and MUV's has sold 48,681 units marking a significant 6% growth. In Contrast, the sale of Vans has registered a decline of 7%.
Source: Autobei

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