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India becomes 4th largest vehicle market, overtakes Germany

Category : Business and economics
Published on: May 20 2022 Share on facebook

  • India has overtaken Germany to become the fourth largest automobile market.
  • This report has been released by the Organization Internationale des Constructors d'Automobiles (OICA).
  • China has been placed at 1st position in the terms of the largest vehicle market in the World.
  • Followed by the US and Japan are at the 2nd and 3rd place.
  • India sold 3,759,398 vehicles in 2021 as compared to 2,973,319 vehicles in Germany.
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