Led by a series of new launches, the multiple purpose vehicles (MPV), or family cars, are back. The segment registered 35% growth in 2019 to 2.2 lakh units, with cars priced between Rs 6 lakh and Rs 25 lakh. By contrast, most segments of the automotive market contracted, often in double digits. So, the share of MPVs in India has risen from 5% to 8%.from Auto-Industry-Economic Times
Read The Rest:economictimes...
