Toyota Kirloskar Motor on Tuesday reported a 14 per cent year-on-year increase in wholesales at 26,847 units in September. The automaker had dispatched 23,590 units to its dealers in September last year. The company sold 23,802 units in the domestic market and exported 3,045 units, Toyota Kirloskar Motor (TKM) said in a statement. “As the … Read more
Consumer fatigue for large sport-utility vehicles (SUVs) seems to be setting in, with sales of premium models priced upwards of Rs 20 lakh such as Hyundai Tucson, Toyota Fortuner and Jeep Meridian falling by 18% in the first five months of this fiscal year. The blazing post-pandemic growth of the Indian car industry in the … Read more
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
Indian carmakers have rolled out more sports utility vehicles than all other types of passenger vehicles combined in the last two years and the trend is likely to continue with many new SUVs proving instant hits. The number of SUV launches hit a new high this calendar year at 108, reaching the three-figure mark for … Read more
