However, players say the segment should learn to live independent of subsidies. They point out that customers are now increasingly opting for EVs over ICE vehicles.
Alto K10 launch today: With the new variant of the Alto, the only car to have sold 40 lakh units in the country, Maruti is aiming to gain a stronghold in the segment worst hit by inflation.
Easing supply side constraints of semiconductors as well as healthy demand led many passenger vehicle manufacturers to report healthy wholesales during last month.Wholesale dispatches of passenger vehicles rose in March 2022.Auto major Maruti .