Tuesday, September 24, 2024

Sales of premium SUVs run out of steam as sales drop 18% this fiscal

Sales of premium SUVs priced above ₹20 lakh, such as Hyundai Tucson and Toyota Fortuner, have dropped by 18% in the first five months of this fiscal year. This decline is attributed to a shift in consumer preference towards midsize SUVs and feature-rich MPVs, which offer better value and versatility.

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