India Auto Market: India, which created a record in vehicle sales, is the third largest market in the world! | India Third Largest Auto Market: India became third largest auto market surpasses Japan know details

India has created a huge record in the year 2022. India became the world’s third largest automobile market overtaking Japan last year.

India has created a huge record in the year 2022. India has overtaken Japan to become the world’s third largest automobile market in the last year. According to the information given recently by the auto market industry, it is known that a total of 42.5 lakh new vehicles will be sold in India in the year 2022. A total of 42 lakh units of vehicles are expected to be sold in Japan in 2022.

According to the information provided by the Society of Indian Automobile Manufacturers (SIAM), a total of 41.3 lakh vehicles were delivered in India from January to November 2022. At the same time, the figure rose to 42.50 lakh by the end of the year. The country’s largest auto company, Maruti Suzuki, has released its vehicle sales figures for the month of December. After this, India became the third largest auto market in the world. The Japan Automobile Dealers Association said that vehicle sales in their country are low. It sold a total of 42 lakh vehicles in Japan last year. This is 5.6 percent less than in 2021.

China is the world’s largest auto market

China is the largest automobile market in the world. A total of 2.62 crore vehicles were sold in China in 2021. America is in the second position with a total of 1.54 crore vehicles sold in 2021. While in the year 2021, a total of 44.4 lakh vehicles were sold in Japan. It is known that Japan has been the largest auto market in Asia for many years. A total of 40.4 lakh vehicles were sold in Japan in 2018. While in the year 2019, a total of 40 lakh vehicles were sold. In the year 2020, the corona epidemic has dealt a major setback to the auto sector.

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