‘Agri output and rural market dynamics to be key in 2024’: Manish Raj Singhania | Autocar Professional
Baua Electric
JANUARY 13, 2024
We are witnessing heavy discounting in every car segment, particularly the entry-level sedans, hatchbacks, and even entry-level SUVs. On the other hand, SUVs, which had a 23 percent penetration in overall PV volumes in 2018, hit the 50 percent mark in 2023 — clearly showing the changing consumer preference towards this body style.
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