Opinion: Why the one-time favourite sedans fall in India and globally
The negative growth in the sedan markets has benefited the SUV/Crossover segments whose volumes are up by almost 16 times , from around 109k in 2011 to 1.64 million in 2022!. The UVs (SUV+MUV) overall are closer to 60% of the markets today up from 20% a decade ago. The main reason for the SUV success is the sheer feeling of owning the roads, that position of power given by a high vantage point, coupled with the comfort of being in a safer contraption. These factors have brought about the change.
Disclaimer : We make no assurance about the completeness and accuracy of the content of this website. All news on this website is collected from various sources hence information may or may not be true. Money Nations does not verify the reliability of the content published. We do not accept any accountability for loss or damage occurred as a result of reliability on the content of this website.