Maruti’s Small Car Revenue Declines, Mid-Size Cars Post Better Profits

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The small car segment today cumulatively contributes less than 15 percent to Maruti’s profits while the revenue from compact and mid-size cars is increasing steadily. Small cars have lost their relevance, albeit not completely Having made its name as a small carmaker in India, Maruti Suzuki now stands in the centre of a changing market that is seeing lesser demand for its entry-level cars. Over the past two years, the automaker’s growth has been coming from the rising demand for mid-size and compact cars instead...