New Delhi, Oct. 6 -- Several struggling foreign car manufacturers in India are planning a bid to revive their local businesses, after seeing sales either stagnate or decline consistently over the past three financial years, and well into the current fiscal as well.
Companies like Skoda-Volkswagen, Honda Cars, Renault and Nissan are among mass market brands that have committed to introduce more than a dozen new products cumulatively in the next two years.
Cumulatively, these four brands have only 5% share of the passenger vehicle market in India as of August 2025. Passenger vehicles include cars, utility vehicles (including SUVs) and vans.
European luxury carmakers Volvo Cars and Audi, too, remain hopeful about their prospects in the In...
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