Toyota Fortuner

Sales of premium SUVs run out of steam as sales drop 18% this fiscal

by
Sales of premium SUVs run out of steam as sales drop 18% this fiscal

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

Ford likely to make a comeback India market with Endeavour

by
Ford likely to make a comeback India market with Endeavour

As per industry sources, Ford aims to revive sales by bringing back the Endeavour, contemplating both local assembly in Chennai and direct imports. The company could import fully-built cars without homologation, staying competitive against rivals like the Toyota Fortuner while gearing up for local production in 2025.Ford’s Plant DilemmaHaving retained its Chennai factory despite earlier … Read more