Premium SUV sales in India decline by 18% this fiscal

Premium SUV sales in India decline by 18% this fiscal

The Indian auto market has witnessed a significant decrease in the sales of premium SUVs, this fiscal year. High-end models such as the Hyundai Tucson, Toyota Fortuner, and Jeep Meridian have experienced an 18% drop in sales within the first five months. This trend indicates a shift in consumer preferences away from larger SUVs, priced above 20 lakh.