«We've looked at the situation very carefully and come to the conclusion that a small sedan positioned below the A4 has the potential to significantly increase sales
penetration in a number of markets,» an Audi official told AutoWeek.
Not exact matches
While there may be several reasons for this abysmal
penetration of insurance among the masses, it is indeed possible to significantly increase this
number, if Indian startups create similar options
in the
market.
Important indicators
of growth
in the industry are a greater
penetration in the
market, a greater
number of innovative product launches and a wider product variety.
We certainly have plans to expand our hybrid electric vehicle lineup
in terms
of both the
number of models available with hybrid powertrains as well as overseas
market penetration of such vehicles.
Japan's regional newspapers typically reach 50 percent
of households
in their
market, and a fair
number boast a
penetration rate
of 60 percent or higher.»
A high
penetration rate may also mean that the
market has a relatively more intensive competitive landscape due to the sheer
number of units
in the marketplace, making increases
in occupancy more difficult to achieve.