Low affordability hits car demand: Kia India MD – Times of India
NEW DELHI: With car prices going up between 35-50% over the past 3-4 years, owing to safety and emissions mandates, affording a vehicle has become difficult for mass consumers and sales are likely to see a moderate growth of 3-4% in the coming year, Kia India MD Gwanggu Lee said on Thursday.To generate demand, Lee…