The Hyundai Creta has outperformed key models like the Maruti Suzuki Brezza, Mahindra Scorpio, Maruti Suzuki Fronx, and Tata Nexon, in the SUV segment.
As per S&P Mobility, new model launches have consistently proven to be pivotal in driving showroom traffic. Customers drawn to these new offerings are not discount seekers; rather, they are individuals willing to pay for novelty and exclusivity
Toyota’s Hyryder SUV and Innova Hycross UVs have waiting periods stretching from several months to close to two years, underscoring the challenge of meeting soaring demand
The SUV segment continued to contribute a major chunk of volumes at 1,81,044 units, which is 53.5 percent of the total PVs sold in the domestic market in April
This preference is expected to further grow backed by a healthy pipeline of new model launches across price points, including electric variants, and normalised availability of semiconductors after a prolonged period of short supply