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MPV Segment Posts 4% Sales Growth Between April-September 2019 Despite Market Slowdown In India: Sur
Sameer Contractor
Nov 4, 2019, 10:01 PM
The Indian auto sector has been going through a lull phase since the beginning of the year and it wasn't until the festive season last month that carmakers saw the stocks moving once again. Almost every auto segment including hatchbacks, sedans and in-vogue SUVs failed to perform, even though we did see some growth spurt amidst new launches. However, according to the data released by Jato Dynamics India, it was the Multi-Purpose Vehicle (MPV) segment that managed to sail against the tide and record growth between April and September FY2019-20.
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