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India: Luxury cars to post lowest growth in 10 years

The Indian luxury car market in 2012 is expected to post its slowest year-on-year growth rate in ten years. Andreas Schaaf, the Managing Director of BMW India, feels that growth in the segment may not reach a double-digit rate this year. Schaaf attributed this bleak outlook to the hike in import Subscribe to Automotive World … Continued

The Indian luxury car market in 2012 is expected to post its slowest year-on-year growth rate in ten years. Andreas Schaaf, the Managing Director of BMW India, feels that growth in the segment may not reach a double-digit rate this year.

Schaaf attributed this bleak outlook to the hike in import

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https://www.automotiveworld.com/articles/95165-india-luxury-cars-to-post-lowest-growth-in-10-years/

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