|
INDIA |
 India, while long-overshadowed by China’s breakneck pace of car sales expansion, was trumpeted nevertheless as one of the world’s fastest expanding car markets that would greatly lessen the world’s autoindustry’s high traditional dependency on key sales regions such as North America and Western Europe. However, judged from the fast-deteriorating conditions seen during last year’s second half, followed by a further steep deterioration in underlying new car demand during this year’s grim opening quarter, has tempted some market watchers to reassess their ambitious earlier growth assumptions Latest developments have struck a chord with some market observers who have long felt that some forecasters were overly over-optimistic with their medium to long-term car sales projections for India MORE LIKE THIS: China’s car market lost little fizz since start of this year 30 Apr 2013 Car sales slide for 18th month in a row 18 Apr 2013 |
|
|
DATA
AVAILABLE TO SUBSCRIBERS WITH THIS
ARTICLE: INDIA new car sales by manufacturer and marque Q1 |
|
To continue reading this article, please register for a free sample without obligation... Please note that eagleAID.com is a subscriber-only site, and as such it can only be viewed by subscribers to the newsletter. |