Sentences with phrase «passenger vehicle market»

The country will scrap the limits on firms making fully electric and plug - in hybrid vehicles in 2018, commercial vehicle firms in 2020 and lift restrictions on the wider passenger vehicle market by 2022, China state planner said in a statement.

While the overall passenger vehicle market experienced exceptional results, shares of hybrid and electric vehicles maintained their pace from recent months — albeit in the case of hybrids and diesels this was below those levels achieved earlier in the year.

That insurer now holds 9.88 percent of the private passenger vehicle market, said NAIC data.

Expensive fuel and steady, long - distance driving are also arguments for diesel in areas like Europe, where they make up more than half the passenger vehicle market.

In the April - October 2017 period, its passenger vehicle market share has risen to 5.78 percent from 5.70 percent a year ago with sales of 110,415 units.

Unveiling the Tata Nexon in Mumbai, Guenter Butschek, CEO and MD, Tata Motors, said: «Our passenger vehicle market is dynamic.

In the passenger vehicle market, the Hexa, along with the Tiago hatchback, Tigor sedan and game - changing Nexon compact SUV, has given the company a shot in the arm.

With the entry into the segment, Tata Motors will expand its presence in the passenger vehicle market from 59 percent, to 71 percent.

It is designed to offer high performance and connects modern India and its global citizens.Today, with the launch of TIGOR, we expand our product portfolio, invite new customers and reinforce our spirited comeback in the passenger vehicle market.»

The Tiago has been instrumental in the growth of Tata Motors» brand across the passenger vehicle market.

«Our passenger vehicle market is dynamic.

Mini cars accounted for 17.9 % of the passenger vehicle market in the first nine months of this fiscal year, a six - and - half percentage - point drop since FY12.

Tata's mounting losses and the fall in the passenger vehicle market has led to the company making some drastic changes; however, betting big on the success of the Bolt and Zest, Tata is all set to make it big once again.

It will compete in a crucially important segment, the second largest in the passenger vehicle market.

On its part, the company is fully geared up to cater to a younger audience which it is targeting and is also employing quality manpower that will not only sell the cars but will also help strengthen Tata's brand equity in the passenger vehicle market.

In the passenger vehicle market, utility vehicles continue to drive growth with an upswing of 26.21 per cent in September 2017 to 84,374 units in domestic sales.