Word: suzuki
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Dates: during 2010-2019
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...announcement, though sudden, was not surprising. With the staid middle-aged consumers of India's middle class giving way to urbanites and youngsters with a lot of disposable cash, not much hope was left for these two modest modes of transport. A Maruti-Suzuki spokesperson says the company made a conscious decision to phase out the car as the definition of "people" - in order words, India' vast middle classes - has transformed in the last two decades. In January 2010 sales of the M800 were down 55% over the same period the previous year as Indians opt for cars with features...