Monday, August 6, 2012

Cardekho Blog

Cardekho Blog


Will the new luxury sedans like BMW 3 series manage the Slow Segment Growth?

Posted: 06 Aug 2012 04:48 AM PDT

It is said that the number of cars on road define how a country’s economy is doing. Talking in favor of the Indian market the sales of luxury sedan cars have been crawling slowly. The cause of the journey down hill is said to be steep import duty, rupee depreciation and not to forget ever rising petrol prices. Not only in the Indian market but all over the world, markets are left with no choices except to slow down production of the high end sedans.

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