SUV Sales: India s preference for compact vehicles under 4 meters in length is declining, with their market share dropping from 62% in 2021 to 50% in 2023. The number of models in this segment has also decreased. Shifting consumer tastes, including a preference for larger vehicles, are prompting automakers to rethink strategies. The popularity of entry-level SUVs has grown, overlapping with premium hatches and sedans. New safety requirements and challenges in designing small cars are also affecting the market. Urban incomes and easy financing options are driving the trend towards premiumization.
India s preference for compact vehicles under 4 meters in length is declining, with their market share dropping from 62% in 2021 to 50% in 2023. The number of models in this segment has also decreased. Shifting consumer tastes, including a preference for larger vehicles, are prompting automakers to rethink strategies. The popularity of entry-level SUVs has grown, overlapping with premium hatches and sedans. New safety requirements and challenges in designing small cars are also affecting the market. Urban incomes and easy financing options are driving the trend towards premiumization.
Uphill Battle The plight of Tesla's beleaguered Cybertruck continues as social media videos show three of the stainless steel vehicles struggling to drive off-road on steep dirt hills. First posted to Instagram by the user @stretch thecj2l on Oct 22, the videos show the blockish silver EVs in several cringe-inducing situations. In one clip, the car's […]
The shortage of electronic components had some impact on the production of vehicles in FY 2022-23 and the company took all possible measures to reduce the impact, the company said in a statement.
This could be an exciting new era for VW compact passenger cars.
The Bugatti Chiron has a reputation for its incredible straight-line acceleration and record-breaking top speed. But with the introduction of the Chiron Sport, it can now also be honed around a track. Its more agile handling was helmed under the direction of Bugatti s Head of Technical Development, Stefan Ellrott.
He also helped develop the record-breaking Chiron Super Sport 300+ and the extreme Bolide Concept, as well as the Divo and Centodieci. In a surprise move, VW Group has announced Ellrott is leaving Bugatti to become Chief Technology Officer for Compact Vehicles at Volkswagen Passenger Cars. In his place, Gregor Gries, the previous Head of Powertrain Development at Bugatti, will lead the Technical Development department at Bugatti.