ET Auto NEWS
Powered by
Top 20 models drive over 74% of India’s car sales in Apr-Nov, up from 70% in 2015-16
SECTIONS
Top 20 models drive over 74% of India’s car sales in Apr-Nov, up from 70% in 2015-16By
Share
Synopsis
Interestingly, the contribution of the top 10 models has not varied much, remaining between 48-49%. It was 49% in 2019-20 and dipped to 48.7% in the April-November period this year.
Auto consultants say the winner-takes-all trend has been visible in many consumer sectors as well.
(This story originally appeared in on Dec 28, 2020)Chennai: Two consecutive years of low sales, first due to an economic slowdown and then the pandemic, has created a ‘winner takes it all’ situation in the car and SUV market. The top 20 models sold between April and November comprise 74.1% of all passenger vehicle sales in India, up from 70% in 2015-16 and 69% in 2016-17.