indian car market

Micro SUVs take the wheel as Motown hits rough patch

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Micro SUVs take the wheel as Motown hits rough patch

Micro SUVs are gaining traction in India, becoming a bright spot for the domestic car industry battling a sales slowdown this year. The rush for such small SUVs underscores a broader shift towards SUVs from traditional cars in the world’s third-largest automobile market. Sales of small SUVs such as Hyundai Motor India’s Exter and Tata … Read more

India’s record car sales in 2023: Here’s a look under the hood

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India’s record car sales in 2023: Here’s a look under the hood

India’s passenger vehicle market, valued at Rs 4.5 lakh crore, has been outpacing volume growth. It has just passed a milestone as annual volumes of cars, sedans and utility vehicles breached the four million mark for the first time in 2023. As per industry estimates, about 4.1 million passenger vehicles were sold in the local … Read more