Sales of Indian SUVs soar, smaller cars skid in December

Sales of Indian SUVs soar, smaller cars skid in December

Sales of sports utility vehicles (SUVs) rose in December, while small car sales fell despite high discounts, data from Indian automakers showed on Monday. While entry-level vehicles remain a millstone around automobile makers’ necks, they have benefited from the sales of premium vehicles, catering to a more well-off demographic largely unaffected by inflation. Maruti Suzuki … Read more

SUV is car of choice for many first-time Indian buyers now

SUV is car of choice for many first-time Indian buyers now

Sport utility vehicles (SUVs) have seen a four-fold increase in their share among first-time buyers in the country over the past decade as a growing number of Indians flocked to the four-wheelers with higher ground clearance amid improved affordability and a wider choice offered by automobile manufacturers. About a third of first-time car buyers in … Read more