Demand for affordable small vehicles to witness recovery in 2025: Nomura
The Statesman|December 07, 2024
Global financial services firm Nomura said the demand for the affordable small vehicles in India is expected to witness a recovery in 2025.
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Demand for affordable small vehicles to witness recovery in 2025: Nomura

However, the major markets such as the US and Japan are still struggling to meet the demand, it said.

Nomura lowered its financial year 2025 third quarter estimate for India's passenger vehicle (PV) industry to 1 percent year on year, which was 4 percent earlier. It maintained its estimate at 6 percent YoY for FY26/3F.

It said the mix continues to improve as SUVs and premium models drive Average Selling Price (ASP) growth.

この記事は The Statesman の December 07, 2024 版に掲載されています。

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この記事は The Statesman の December 07, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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