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
