Global Car Makers See Small Sedans as Next Hot Market in India

Newswire

By Aradhana Aravindan and Norihiko Shirouzu NEW DELHI/BEIJING, Feb 4 (Reuters) - Carmakers including Ford Motor Co and Hyundai Motor Co will showcase compact sedans at India's largest auto show this week, targeting what they think could be the next hot market in a country long dominated by ultra-cheap hatchbacks. Global carmakers are still banking on emerging economies including India, the world's sixth biggest auto market by volume, to drive long-term growth despite a recent slowing ...

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