India Now SUV Market, Sales Outstrip Hatches Plus Sedan – News2IN
Business Uncategorized

India Now SUV Market, Sales Outstrip Hatches Plus Sedan

India Now SUV Market, Sales Outstrip Hatches Plus Sedan
Written by news2in

New Delhi: Official – India is no longer a small car market, and this country falls in love with the SUV.
More than half of passenger vehicles sold in September, as well as the July-September quarter, the SUV ordered more volume than the cumulative power of a hatchback and sedan.
Strong performances – maybe for the first time in Indian automotive history – displaying a growing love and madness of Indian buyers for SUVs, which are available at the point and brand, and have one of the strongest line-ups in the wider car market.
.
With sales of 87,720 units in September 2021, the SUV issued a category of passenger cars – consisting of hatchbacks and sedans – by a very large distance can only sell 64,235 units in the same month.
And the trend was as strong as the second quarter of 2021-22 – SUV sold 3.67,457 units while passenger cars were added up to 3,43,939 units, according to data sourced by TOI from Siam, industrial lobby groups.
So what triggers trends? The fall of SUV prices over the past few years – because the company adopts the style of the body even when it comes to small cars (which attract lower GST rates) – and extensive networks and highway networks crossing boosting demand for vehicles that are better land fluid and design signals relatively modern and strong.
The price of mini SUVs such as Nissan Magnite and Renault Kiger began under RS ​​6 Lakh, while the Lakh Sub-RS category has a strong model such as Maruti Brezza, Kia Sonet, Hyundai Venue and Tata Nexon.
Surge does not stop here: the popular model above Rs 10 lakh includes Hyundai Creta, Kia Seltos, Mahindra Thar, and Mg Hector.
And madness continues to be stronger even when the multi-fold shooting gift or by several lakh rupees – demand remains strong for luxury off-roaders from Mercedes-Benz, BMW, Audi, Land Rover, and even Lamborghinis and Porsche, many of which are given prices to Over from Rs 1 Crore and even stocked.
While the puritan of the car remains important about the popularity of small-sized low-sized SUVs – because they do not have the traditional features of “Heavy Off-Roading Go-Anywhere” such as 4×4, the ability to navigate water, high torque and traction control – others do not agree much with arguments.
“This overall packaging is most important.
The SUV gives you the best value for money when it comes to quotient, visibility, power, and cabin space.
They provide command and control on the road,” said Ravi Bhatia from a car research company.
Jato.
Shashank Srivastava, Director (Marketing & Sales) in Maruti Suzuki, said that trends are not only limited to India, but more or less are global changes.
“The trend is all over the world.
Actually, if you look at the market like China, the US, and countries in Latin America and Europe, the share of SUVs is around 45-50% for overall sales.
India has been late starter, but has increased with fast, “said Srivastava.
He said that the decline in the price of SUVs meant that they now spread customers from hatchbacks and sedans.
“Now there is a great power overlapping the SUV with a premium hatchback and a premium sedan.
Customers who have never considered buying the previous SUV now see the vehicle because they are in price and option.” The company has clearly read trends, and thus most new launches are in the SUV category.
The newly launched SUV includes Thar and Xuv7oo Mahindra, Skoda Kushaq, VW Taigun, MG Astor, Hyundai Alcazar, and who are luxurious like the Audi Ether series and Mercedes GLS Maybach.
Recently, Anand Mahindra flowed on social media as a new round of the company XUV7OO managing ordering Mega 50,000 – indicating the value of Rs 10,000 Crore – in just two rounds of sales.
“The enthusiasm of the customer is surprising,” Mahindra said.
The “Comect-Soon” list remains strong with models such as Tata Motors, the new generation of Audi Q5, Q3 and Q7, Citro Local Citro, and Luxury Electric Model3 of Tesla and Refill XC40 from Volvo.
Martin Schwenk, MD & CEO of Mercedes-Benz India, said that demand has been phenomenal.
“Our SUV portfolio has seen unprecedented requests and has been on a longer waiting list …
The SUV portfolio is reported throughout the market, while the list of waiting for GLS extends to six months, underlining the hobby of growing for luxury SUVs.” Hyundai, who is now a leader in the Indian SUV category, said that SUVs fulfill customer desires for vehicles that offer a variety of features that include safety, comfort, technology, and performance.
“As a trend for segmented locking and work from home has been common, customers also see violating monotonous with holiday and vacation trips, fulfilling the desire to have a SUV.”

About the author

news2in