Automatic Transmissions to Constitute 15% of New Car Sales in 2020

In a price-conscious Indian market, manual transmissions have been ruling the roost. Yes, in comparison to the previous decade, the market share of automatic transmissions have increased. Things though are still in a very nascent stage. However, folks at ICRA approximately 15 percent of new car sales will have automatic gearbox by 2020. While 90 … Read more