Tag: car industry sales

NEW DELHI: Demand for new cars continues to stay strong despite concerns on interest rates and inflation. After registering a 33% sales growth in 2022, the industry is confident to close this year with a record 4 million-plus vehicles with as many as one million units expected to come in only during the festive season.Companies such as Maruti Suzuki, Hyundai, Kia, MG Motor, and Mercedes-Benz said demand continues to remain robust as sales of premium vehicles are not showing any signs of slowdown."We believe that by the end...