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India has surpassed ________ in terms of auto sales 2022 to become the 3rd largest auto market globally for the first time.
A)
Russia
B)
China
C)
United States
D)
Japan

Correct Answer :   Japan


India has surpassed Japan in terms of auto sales 2022 to become the 3rd largest auto market globally for the first time.
 
India's sales of new vehicles came in at least 4.25 million units, based on preliminary results, topping the 4.2 million sold in Japan.
 
Between January and November 2022, 4.13 million new cars were delivered in India, according to the Society of Indian Automobile Manufacturers (SIAM).

The number rises to almost 4.25 million units when the sales figure for December 2022, which Maruti Suzuki, the largest automaker in India, reported on 1st January 2023, is added.
 
Comparatively, in Japan, 4.20 million vehicles were sold last year (2022), down 5.6 percent from 2021, according to data from the Japan Automobile Dealers Association and the Japan Light Motor Vehicle and Motorcycle Association..

Source : Money Control

Published On : January 7, 2023
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