It is believed that the world’s auto market is witnessing a sharp drop in the sales of SUV. But, in India SUVs are still ruling.
Is that really true or only a speculation? We all know that the recent hike in fuel and car prices have brought down the Indian car market. Prospective car buyers are being drifted apart with the winds of inflation. In such a condition, it’s difficult to digest how SUVs are ruling here.
You will be surprised to know that so far this year, car manufacturers have sold about 10,030 SUVs in the country. This number is much more than the SUV sales figure of last fiscal that accounts for about 6,398 vehicles. When it comes to SUV, the industry has reflected a growth of 57%.
Any guesses to what made it possible for SUVs to reach such a high sales while the global market for SUV is going down.
The reasons are simple and straight. We have inexpensive and low-capacity SUVs that are not gas guzzlers. This statement is also supported by SIAM.
Labels: Car-Manufacturers, Indian-car-market, SUV, SUV-Sales
1 Comments:
I feel that Suv's are one of the best cars. When there was a hike in fuel prices i bought the car. it dint bother me in anyways. So i dont think so it would have mattered many of them. And this year there has been so many SUV's launched in the market. There is a tough competition going on between different models.
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