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Top News In Passenger Vehicle Segment Today - Breaking & Trending Today

Is there more steam left for the passenger vehicle segment?

Some are sceptical about the sustainability of high growth rates ahead. But what remains underappreciated is the growth lever available to the industry in the form of premium product mix. Car buyers are now ditching the entry level models and opting for new premium models. ....

Tata Motors , Grand Vitara , Maruti Suzuki India Ltd , Passenger Vehicle , Electric Passenger Vehicles , Passenger Vehicle Segment , Electric Vehicle , Utility Vehicle Segment ,

Chart Beat: For Bharat Forge, non-auto segments to keep the ball rolling

The commercial vehicle business may face short-term growth challenges ....

Motilal Oswal Financial Services , Bharat Forge , Bharat Forge Diversified Portfolio , Bharat Forge Q3 Revenue , Defence Segment , Passenger Vehicle Segment ,

Maruti Fronx sales: Fronx clocks 1 lakh sales milestone in passenger vehicle segment in record time, says Maruti

Maruti Suzuki India announced that its model Fronx has surpassed the 1 lakh sales milestone in the domestic passenger vehicle segment within just 10 months, setting an industry record. Launched on April 24, 2023, Fronx contributed significantly to Maruti Suzuki s SUV segment share, doubling it to 19.7% in 2023 from 10.4% in 2022. ....

United States , Shashank Srivastava , Maruti Suzuki India , Suzuki India , Executive Officer , Latin America , Middle East , South East Asian , Maruti Fronx Sales , Passenger Vehicle Segment , Compact Suv , Domestic Market , Suv Segment Share ,

Passenger vehicles set for new sales milestone of four million units in FY24

The passenger vehicle segment is expected to reach a new peak this fiscal year, selling over 4 million units, with SUVs driving the demand. Sales of passenger vehicles have increased from 2.5 million units a decade ago to 3.8 million units in the last fiscal year. This year, industry experts predict sales to reach 4.1 million units, with SUV sales projected to be around 1.9 million units. The share of hatchbacks and sedans in the sales mix has declined, while SUVs continue to be strong growth drivers. Some manufacturers have exited the PV segment, reducing the number of brands in the market. ....

Tarun Garg , Ravi Bhatia , Shashank Srivastava , Maruti Suzuki , Hyundai Motor India , Jato Dynamics , Sport Utility , Passenger Vehicle , Vehicle Sales , Passenger Vehicle Segment ,

PVs set for new sales milestone of 4 mn units in FY24, Auto News, ET Auto

The passenger vehicle segment is expected to reach a new peak this fiscal year, selling over 4 million units, with SUVs driving the demand. Sales of passenger vehicles have increased from 2.5 million units a decade ago to 3.8 million units in the last fiscal year. This year, industry experts predict sales to reach 4.1 million units, with SUV sales projected to be around 1.9 million units. The share of hatchbacks and sedans in the sales mix has declined, while SUVs continue to be strong growth drivers. Some manufacturers have exited the PV segment, reducing the number of brands in the market. ....

Tarun Garg , Maruti Suzuki , Ravi Bhatia , Shashank Srivastava , Hyundai Motor India , Jato Dynamics , Hyundai Motor India , Sport Utility , Passenger Vehicle , Vehicle Sales , Passenger Vehicle Segment ,