June sees first decline in SUV sales in India in over five years amid economic challenges

India's SUV sales experienced their first monthly decline in over five years in June, dropping by 2.1% due to IT sector layoffs, geopolitical issues, and economic challenges. This slowdown follows years of strong growth, raising concerns about buyer fatigue as SUVs account for 55% of passenger vehicle sales.

from Auto-Industry-Economic Times https://ift.tt/n7wEX18