Toyota Motor Corp: Suzuki sees India’s automobile market growing fivefold by 2047

Toyota Motor Corp: Suzuki sees India’s automobile market growing fivefold by 2047

India’s car market is on track to reach 20 million units by 2047, helped by promising growth in battery electric vehicles, Suzuki Motor Corp. Executive Vice President Kenichi Ayukawa said. First, the goal is for Maruti Suzuki India Ltd., the Japanese carmaker’s subsidiary, to grab 50% market share by 2030, from around 40% for the … Read more