The mini hatchback, or low-feature entry cars, segment has played a key role in driving ownership early on. Carmakers like Maruti and Hyundai, and later Renault Nissan, built up market share by offering such products at low margins. But demand has dropped over the years.
from Industry-Economic Times
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Focus on SUVs, Sedans in Rs 5-10 Lakh segment: End of the road for entry-level cars on premium switch