Tata Nexon stays on top as India’s No. 1 UV in April-August 2022
Tata Nexon maintains No. 1 position, having unseated the Hyundai Creta in FY2022; seven compact SUVs in Top 15 shows where growth is strongest even as demand for midsize models picks up.
If there is one vehicle segment in India which continues to fire on all cylinders, then it is utility vehicles (UVs). The UV segment, which sold 1,489,178 units in FY2022 – just 10,822 units shy of the 1.5-million-units mark – setting a new record, is set to upscale that in FY2023. And the first five months of FY2023 are proof of that. At 737,159 units sold in April-August 2022 (up 41%), cumulative wholesales are already 49.50% of FY2022’s total sales, with seven months left for the fiscal to end.
Number-crunching reveals a new industry statistic – 4,818 UVs sold ...
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