You just gotta believe that the Indian car industry is in overdrive when you consider the following:
- Passenger vehicle production has quintupled (yes children, that's 5 times) in the past decade
- Car loans cost anything between 18 and 26% in the early 90s. Compare that with car financing available today at 6.5%
- Delivery time for a new car has reduced from a few weeks (months even) to a few hours
- Competition's so fierce that carmakers are today selling cars at the same price, or even cheaper, that they were 7 to 8 years ago, technological advancements notwithstanding
- Customer satisfaction levels are at an all time high
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