Automobile Trends: Suv Sales Are Rising In India, Customers Are Least Interested In Sedan Cars And Hatchbacks

Summary

According to SIAM data, 87,720 SUVs were sold in September 2021. Whereas only 64235 sedans and hatchback cars were sold during this period. At the same time, this trend continued in the second quarter of 2021-22 as well and 367457 SUVs were sold, while 343939 units of passenger cars were sold.

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Rapid changes are being seen in the automobile sector in India. People’s preference for vehicles is changing. Earlier, where hatchback cars were the first choice of the people, now SUVs are taking their place. The surprising thing is that with the continuous increase in petrol prices, hatchback cars save more fuel, but despite this, people are now preferring SUVs, so they consume more oil. The graph of SUV sales has been growing rapidly in the last five years. Looking at the sales figures for September last month, passenger vehicles accounted for more than half of SUV sales. The same trend continued from July to September and sales of sedans and hatchbacks declined.

SUV tops

In the Indian automobile industry, such a craze for SUVs is being seen among the people for the first time. These days almost every car company has launched its SUV in the market and SUVs are at the first position in the sales figures of all the companies. According to SIAM data, 87,720 SUVs were sold in September 2021. Whereas only 64235 sedans and hatchback cars were sold during this period. At the same time, this trend continued in the second quarter of 2021-22 as well and 367457 SUVs were sold, while 343939 units of passenger cars were sold.

Expired price difference

But the most important question is what are the reasons behind this trend. The first reason for this is the falling prices of SUVs. Today, the prices of subcompact SUVs like Nissan Magnite and Renault Chiger start at Rs.6 lakhs, and go up to Rs.10 lakhs. At the same time, hatchback cars are also coming at the same price, so the first priority is being given to SUVs. At the same time, the roads in the country are getting better than before, due to which people are preferring vehicles with more ground clearance. Apart from this, SUVs look modern in appearance, their design attracts people towards them. The highest demand in the subcompact segment is for SUVs like Maruti Brezza, Kia Sonet, Hyundai Venue and Tata Nexon.

ready for long wait

It is not that people are buying the most SUVs up to Rs 10 lakh. Rather, the demand for SUVs that come above 10 lakhs is also tremendous. Both Hyundai Creta and Mahindra Thar are SUVs on which the waiting period has crossed 9 months. Despite this, the craze of people towards them remains intact. Apart from Creta and Thar, there is a tremendous demand for Kia Seltos, MG Hector and people are ready to spend lakhs of rupees and wait for them. At the same time, apart from the mid-size SUV segment, people are also spending more than Rs 1 crore on SUVs. Sales of car companies making Mercedes GLS, Maybach, Audi E-tron, Range Rover, Lamborghini Urus have also increased during this period.

Feature not yet hit

People in the auto sector are in awe of the popularity of SUVs with small size and low engine capacity, as these small SUVs have neither engine power nor 4X4 capability. They are also useless for offroading, even they do not get features like high torque and traction control. But some experts believe that nowadays is the era of packaging. SUVs are value for money, they offer visibility, power and more cabin space with style. It is not that the trend of selling SUVs is only in India, but their sales are also increasing in China, America, Latin America and Europe. Auto companies are also understanding this trend very well, which is why most of the vehicles launched in recent times were SUVs. These included MG Astor, Mahindra XUV700, Skoda Kushaq, VW Taigun, Hyundai Alcazar apart from Audi e-tron, Mercedes Maybach, which recently debuted. Among these, the booking of two rounds of the recently launched Mahindra XUV700 has also crossed the 50 thousand mark, which is estimated to cost Rs 10 thousand crores.

Expansion

Rapid changes are being seen in the automobile sector in India. People’s preference for vehicles is changing. Earlier, where hatchback cars were the first choice of the people, now SUVs are taking their place. The surprising thing is that with the continuous increase in petrol prices, hatchback cars save more fuel, but despite this, people are now preferring SUVs, so they consume more oil. The graph of SUV sales has been growing rapidly in the last five years. Looking at the sales figures for September last month, passenger vehicles accounted for more than half of SUV sales. The same trend continued from July to September and sales of sedans and hatchbacks declined.

SUV tops

In the Indian automobile industry, such a craze for SUVs is being seen among the people for the first time. These days almost every car company has launched its SUV in the market and SUVs are at the first position in the sales figures of all the companies. According to SIAM data, 87,720 SUVs were sold in September 2021. Whereas only 64235 sedans and hatchback cars were sold during this period. At the same time, this trend continued in the second quarter of 2021-22 as well and 367457 SUVs were sold, while 343939 units of passenger cars were sold.