Sports utility vehicles (SUVs) have busted the downturn in the automobile market even as passenger vehicles are battling the decade’s worst sales.
If the response to three launches — the MG Hector, Hyundai Venue, and Mahindra XUV3OO, all this year — is any indication, buyers of cars are snapping them up.
Consider this: The MG Hector, the maiden offer of MG Motor India, has received bookings of close to 17,500 units in less than a month after it started accepting them.
Rajeev Chaba, the company's president and managing director, said if the current pace continued and there were no cancellations,