Friday, April 5, 2024

Not all big cars are created equal: Half of cars sold in India really not SUVs

Total car sales rose to a record 4.23 million units in the last financial year, up 8.7% from the previous year, with the big-time shift to SUVs - which crossed the 50% market-share mark for the first time in FY24 - having ostensibly underscored the surge. Going strictly by the GST Council's definition, SUV sales were 445,556 against the 2.13 million attributed to the segment by carmakers. To be sure, that doesn't take away from the shift in customer preference toward the SUV silhouette.

from Auto-Industry-Economic Times https://ift.tt/vz97hRI

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