Sedans dropping race to SUVs in gross sales

Vijay C Roy

Tribune News Service

Chandigarh, September 22

Thanks to raised off-road presence, efficiency and sporty model, each third passenger automobile offered within the present fiscal to date is an SUV. During April-August, the share of SUVs rose from 26.3% in FY20 to 31%, indicating a shift in clients’ desire from sedans to SUVs.

During the interval underneath evaluation, 1.85 lakh SUVs had been offered throughout the nation. Though the gross sales declined by 35% amid the pandemic, the share of SUVs elevated. As many as 5.52 lakh passenger automobiles had been offered in April-August within the present yr as in comparison with 11 lakh models throughout the identical interval in 2019, down 49.41%.

Out of the whole SUVs offered in 2019-20, 3.60 lakh had been entry-level fashions, adopted by mid-level (3.40 lakh) and the remaining premium (30,000). The complete sale of passenger automobiles stood at 27.77 lakh models in 2019-20.

The entry-level section includes sub-Four metre compact SUVs similar to EcoSport, Vitara Brezza, Mahindra’s Thar, KUV 100 and XUV 300, Tata Nexon, Honda WRV and Hyundai Venue. The mid-segment includes S Cross, Mahindra’s Scorpio and Bolero, XUV, Tata Safari, Hyundai Creta and Tucson, Jeep Compass, Renault Duster, Kia Seltos and MG Hector.

“There is an intense competition in the mid-level SUV segment. We have high hopes from Vitara Brezza. Riding on its performance, design and efficiency, we expect to have a lion’s share in the segment,” mentioned Shashank Shrivastava, govt director, Maruti Suzuki India.

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