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Why Are Cars Under Rs 5 Lakh Disappearing? Spike in Prices... Who's Responsible? | Auto News

Published: February 9, 2024

The combination of inflation-heightened consumer expectations for vehicle features, increased material costs, and stringent regulatory standards has led to the decline of cars priced under Rs 5 lakh.

Source: india.com

Related Topics:

Shashank SrivastavaMaruti SuzukiExecutive DirectorIndian Automotive MarketEntry Level CarsMaruti Suzuki Alto K10Arket Share DeclineRegulatory NormsMaterial CostsS 6 Emission StandardsUv TrendFfordable Car Segment S 6 Emission