India’s LV market continued to surprise on the upside. Wholesales in July gained by 6% month-on-month (MoM) to 403k units. The year-on-year (YoY) growth, however, was lower at 2% due to last year’s high base.
India sales forecast revised upward through the long-term
After India's market grew again in July, GlobalData has raised the long-term forecast
