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Can small car segment bounce back by 2026? Trends suggest otherwise

Baua Electric

By: HT Auto Desk | Updated on: 10 May 2024, 13:15 PM The small car segment, which includes the hatchbacks, once ruled the Indian auto industry with nearly half the market share. After the surge of SUVs, the share has dropped to below 30 per cent in the last couple of years.

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Brezza, Fronx SUVs continue to power Maruti sales in January

Baua Electric

By: HT Auto Desk | Updated on: 01 Feb 2024, 16:46 PM Maruti Suzuki’s SUV sales is fast catching up with the sale of its compact cars like Baleno, Swift among others. Maruti Suzuki’s sales in India continues to be boosted by the popularity of its SUVs like Fronx, Grand Vitara, Brezza and Jimny.

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Rural demand & SUVs propel India’s record-breaking car sales in FY24

Baua Electric

Read more Rapid surges in SUV sales have propelled the growth in rural market sales for all the carmakers in India, while demand for small cars has slumped significantly. lakh passenger vehicles in the CY23, now the Indian auto industry has sold 40 lakh PVs for the first time in a financial year in FY2024, reported Mint.

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New milestone in 2023: What drove India to record over 41 lakh car sales

Baua Electric

REUTERS) The just concluded year 2023 was a cheerful one for the Indian auto industry, as the car manufacturers in the country breached the four million mark for the first time. the Indian automobile industry has been showing great resilience. This created quite a ruckus in the global auto industry.

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Tesla sales in Germany grow 431% year-over-year for June

Teslarati

Tesla’s market share in the German auto industry grew to 1.6%. According to the KBA , Tesla and Suzuki achieved the highest increases in registration in June. And demand may rise when the Tesla Model Y enters the German auto market. In June 2020, Tesla sold 841 vehicles. This meant that Tesla’s sales grew 431.0%

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India’s FY24 PV sales grow 8.5% to a record 4.23 million cars; SUVs now account for more than half of volumes  | Autocar Professional

Baua Electric

Driven by improved availability of semiconductors and pent-up demand as well as the expanding economy, India’s passenger vehicle industry grew at around 8.5 The craze for sports utility vehicles (SUVs) offset the impact of weakness in demand for small cars. SUVs now account for over 50 percent of the passenger vehicle industry volume.

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2020 Electric Vehicle Industry Report Card and trends for the new year

Plug In India

The Indian electric vehicle industry too suffered a setback during the first six months of the year. Yet, by the end of the year, there is a huge wave of optimism in the industry for the coming year. This report logs the highs and lows of the Indian EV industry for 2020. It's now up-to the auto industry to launch more EV's.

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