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Pandemic no equaliser in auto sector, data show as demand recovery falters

Pandemic no equaliser in auto sector, data show as demand recovery falters SECTIONS Share Synopsis Sales of affordable motorcycles, which cost about ₹50,000, have been languishing since the onset of the pandemic and show little sign of recovery. Getty Images An unequal recovery in demand for new vehicles across market segments throws some light on the disproportionate economic impact the Covid-19 pandemic has had on various strata of Indian society. Sales of affordable motorcycles, which cost about ₹50,000, have been languishing since the onset of the pandemic and show little sign of recovery. At the other end of the spectrum, luxury cars costing ₹50 lakh and above have been flying off the shelves.

Mercedes-Benz expects to sell 2,000 cars which are priced around ₹1 cr each

Mercedes-Benz expects to sell 2,000 cars which are priced around ₹1 cr each
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