compact vehicles: India’s love for sub-4 metre compact cars fades as SUVs gain ground

India’s appetite for compact vehicles – defined as being less than 4 metres in length – seems to be waning. Despite a preferential taxation regime, the share of sub-4 metre compact vehicles, has fallen from 62% in 2021 to 50% in 2023. The number of models on offer in this segment is also down to … Read more