According to the data of 'Society of Indian Automobile Manufacturers', new car sales in India increased by 4 lakh 25 thousand units from January to November 2022.
Tokyo: India has overtaken Japan to become third in the global car market. China and America are in first and second place respectively.
According to the recently published data of the 'Society of Indian Automobile Manufacturers', new car sales in India increased by 4 lakh 25 thousand from January to November 2022. Where Japan has 4 lakh 2 thousand. According to data provided by India's largest car manufacturer 'Maruti Suzuki', 4 lakh 25 thousand vehicles have been delivered during this period.
A report by Tokyo-based Nikkei Asia claims that car sales fell by around 4 lakh between 2018 and 2019. But for the past two years, the global car market has suffered a considerable slowdown due to the Covid pandemic. In one fell swoop, the car sales fell to 3 lakhs.
Maruti Suzuki and Tata Motors have seen the highest profit among cars sold in India, according to the report. As a new subspecies of Omicron spread in China, car manufacturers in that country are also suffering.
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