Sales of super-sub-compact cars like Maruti Suzuki's Swift, GM's Spark and Hyundai's Santro are accelerating in India. Basic models lead the market, although larger vehicles appeal to specific customer segments.
Maruti Suzuki forecasts more than 18% growth in 2010, fueled in part by sales of the new EECO van (with 5 or 7 seats), which should sell about 40,000 units in the coming year.
Big year-end deals are helping to boost demand while the automakers look toward better revenue as global economic turmoil subsides and consumers feel more confident about spending once again. As auto demand improves and industry turnover rises, demand for parts, accessories and related services will improve, contributing to the economic recovery worldwide.