INDIA SALES: Top 5 Utility Vehicles – May 2017
With the Vitara Brezza breezing to its best-ever monthly sales of 12,375 units, Maruti Suzuki has wrested market share from Mahindra & Mahindra to become the leader in the UV space.
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If the passenger vehicle segment has been able to achieve sustained growth over the past year, it is thanks to the utility vehicle (UV) market. Surging demand for SUVs has seen this segment provide a fillip to PV numbers as also for overall industry sales. Demand is such that today, every fourth PV sold in India today is an SUV. Briefly put, UVs have eaten into the overall PV market and look to further accelerate their pace of growth.
In the April-May 2017 period, a total of 140,551 UVs were sold (+16.19%), which along with passenger cars ...
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