New SUV launches rev up market share for Hyundai, Kia, Renault and MG
New launches in the SUV segment have not only improved the fortunes of their manufacturers but also helped the segment be the sole one in positive territory in September and the least decline in H1 FY2020
A flurry of new product launches in the SUV segment in the past few months is helping their manufacturers and the industry post improved numbers, even as the other vehicle segments flounder.
In SIAM's just-released September sales numbers, the utility vehicle (UV) segment with total sales of 81,625 units was the sole one among 12 vehicle sub-segments to record growth (5.49%). All the others registered single- or double-digit sales declines, in what is a sea of red. (See Autocar Professional's September and H1 FY2020 sales analysis).
Of the 17 UV players in the fray, four – ...
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