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4th largest vehicle market
May 22 , 2022
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- India has surpassed Germany to become 4th largest vehicle market in the world.
- The 1st place was occupied by China, followed by the US and Japan.
- This report released by Organisation Internationale des Constructeurs d’Automobiles (OICA) or the International Organization of Motor Vehicle Manufacturers.
- India is expected to become the third-largest Vehicle market by 2025.
- However, it requires India to surpass Japan which sold 4,448,340 units in 2021.
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