https://www.taxtmi.com/news?id=42070 Widespread real-income stagnation is identified as the principal constraint reducing consumer demand and slowing automobile market expansion; only a limited top segment of households can afford cars, leading to declining small-car sales and marginal passenger vehicle growth projections, with affordability concentration and income stagnation presented as structural causes of the slowdown. en-us Sat, 26 Apr 2025 15:16:03 +0530 Sat, 26 Apr 2025 15:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=42070 Widespread real-income stagnation is identified as the principal constraint reducing consumer demand and slowing automobile market expansion; only a limited top segment of households can afford cars, leading to declining small-car sales and marginal passenger vehicle growth projections, with affordability concentration and income stagnation presented as structural causes of the slowdown. News - Sat, 26 Apr 2025 15:16:03 +0530 https://www.taxtmi.com/news?id=42070