26 March 2018

India Becomes 4th Largest Auto Market in the World

India Becomes 4th Largest Auto Market in the World


India has overtaken Germany to become the fourth largest automobile market in the world, According to the latest global data. Automobile sales, including passenger and commercial vehicles, in Asia’s third-largest economy, grew 9.5%.
It is the fastest among major global markets, last year to more than 4 million units, outpacing Germany’s 3.8-million vehicle sales, which rose by a modest 2.8% in the same period.

The top 5 countries on the list are-
1. China
2. USA
3. Japan
4. India
5. Germany.

Source- The Economic Times

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