48 per cent of the transactions are spread over 4,000 towns and villages such as Pathanamthitta, Ankleshwar, Dindigul and Pimpri.
Honda, which has seen sales come under pressure due to the shift in consumer preference towards petrol cars in recent months, said that it has realigned its inventory at dealerships.
The group has identified paper, cement, tyre, automotive and auto component as key growth drivers and will focus on these areas to scale up operations.
The Voluntary Vehicle Fleet Modernisation Programme (V-VMP) is back on the drawing board as the government reviews its options to reward those who agree to junk their old vehicles .
ChrysCapital led the current round by investing Rs 570 crore. The Hero Group has made an additional investment of Rs 300 crore.
Industry experts said Uber’s association with Maruti Suzuki could lead to deeper ties going ahead.
"India will look to launch all the plug-in hybrid variants of the car line portfolio relevant to the market here, which will be launched globally over the next 4-5 years,” said Tom Bonsdorff.
The main thrust of the policy would broadly be to allow market forces to play and ensure adequate round-the clock cab availability, a senior official at the roads ministry said.
The new A4 comes strapped with a 1.4 litre TFSI four cylinder engine which goes 0-100 kmpl in 8.5 seconds.
Sales of passenger vehicles stood at 221743 units in the corresponding period of the last financial year, shows data available with industry body Society of Indian Automobile Manufacturers (SIAM).
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