Page 2 - Utility Vehicles

India auto retail sales up 34% in July as Covid-19 restrictions ease

Low base, along with rising demand, pushed up India's overall vehicle retail sales on both sequential and year-on-year basis in July 2021

Despite volume uptick, Maruti's rally may fizzle out on multiple headwinds

Competitive pressures, lower share of utility vehicle segment and margins are key worries

Festive sales help passenger vehicles snap 11-month declining streak in Oct

UV launches, steep festival discounts bolster sales

Utility vehicle sales buck slowdown trend due to high discounts, launches

Overall car sales, however, dropped 22%: Siam data

Compact utility vehicles push up auto sector sales

Utility vehicles, which used to constitute about one-fifth of the passenger vehicle market till 2015-16, now contribute over 25% of the total car sales

Utility vehicles ride on overseas high

Shipments jump 173% in two years; however passenger car exports decline 3% between FY14 and FY16

Indian utility vehicles on an overseas ride

Shipments of UVs saw a sustained increase and jumped by a staggering 173% between FY14 and FY16