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Smaller, cheaper vehicles take centre stage amid economic slowdown

Revenue break-up of car makers also suggests that buyers are now changing their cars less frequently, compared to the past

Topics
automobile industry | Car manufacturers | Lockdown

Krishna Kant  |  Mumbai 

car, auto, automobile, sales
In FY20, domestic sales of Maruti’s entry level and compact cars were down 17 per cent year-on-year (YoY) against a 45.3 per cent contraction in sales of sedans

As the poor economic scenario takes a toll on individual incomes and the job market, car buyers are now opting for smaller and cheaper cars, away from premium hatchbacks and sedans.

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First Published: Mon, October 05 2020. 06:10 IST