Hyundai Motor’s top three cars sold in rural India during January-April 2024 were all SUVs, nudging out small car Grand i10 from the podium for the first time, reflecting the growing aspiration and purchasing power of rural buyers in India. Its rivals Maruti Suzuki, Tata Motors and Honda, too, are seeing a spike in demand … Read more
New Delhi: In a relief to automakers, sales of entry-level twowheelers — mostly bought by rural consumers — rose in strong double digits in the second half of FY24, underscoring a recovery in demand in this key consumer segment for the first time since the pandemic. The trend continued in April, driven by an improvement … Read more
Small cars may stage a comeback by 2026 as the income of customers at the entry level rises and scooter and motorcycle owners start upgrading, Maruti Suzuki chairman RC Bhargava told ET in an interview. He dismissed the argument that two-wheeler and first-time car buyers have become aspirational and are leapfrogging to mid-sized cars and … Read more
