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suv price: Indians are buying more ‘Lifestyle SUVs’ than ever before

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The Kia Carens, to launch in the first quarter of this year, will play an important role in boosting sales in the seven- seater category.

Synopsis

Launches coming up in this category include the Kia Carens, Jeep Meridian, Hyundai Stargazer, Mahindra Scorpio and Skoda Kodiaq. Most are priced in the ₹15-22 lakh range, as have been the recent high-profile launches of the Mahindra XUV700, Tata Safari and Hyundai Alcazar.

When it comes to a family vehicle, the Indian family has clearly decided that bigger is better. The market for seven-seater passenger cars, once restricted to top-end models and the sub-₹ 10 lakh segment is seeing interest across the price spectrum. While it did shrink in 2020, it rebounded by 23% in 2021 to 3.68 lakh units. The market for seven-seaters accounts for 10-12 % of the total passenger vehicle market. Until recently, most of the

BY

ET Bureau

5 mins read, Last Updated: Jan 15, 2022, 11:35 PM IST

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