Volkswagen expects SUVs to account for at least 60 pc of sales by 2024

European auto major Volkswagen expects at least 60 per cent of its sales in India to come from the SUV segment by 2024 amid the market globally moving away from sedans.

Volkswagen, which launched the 7-seater premium sports utility vehicle (SUV) Tiguan Allspace on Friday as part of its India Project 2.0, is planning to roll out three more such vehicles in the next 12-18 months.

The world's largest car maker is trying to revive its fortunes in the domestic automobile space, in which it has a meagre around 1 per cent market share with Skoda-led India 2.0 plan.

"I think we will be (selling) around 60 per cent SUVs going forward. Globally, we have today about 42 per cent of all our cars in SUVs.

"I would assume, in India, it could go even up to 70 per cent by 2024," Volkswagen Passenger Cars India Director Steffen Knapp told PTI.

Knapp said this would also depend on what is happening in the market, adding, "I believe that all around the world, we are going into 70-75 per cent.... So, there will be another category coming, the SUV and CUV (cross utility vehicle), as higher seating position is the future. Because it (market) is moving away from sedans."