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Hatchback sales lose momentum in India due to changing consumer preference

Hatchbacks like WagonR and Alto have seen a decline during the past few years due to changing consumer preference

maruti suzuki, cars, automobile
premium

The sales have dropped from 49.4 per cent in FY17 to 35.1 per cent in the first half of FY23

Deepak Patel
Sales growth of entry-level cars or hatchbacks like WagonR and Alto have seen a decline during the past few years due to changing consumer preference.

Maruti Suzuki Chairman R C Bhargava had on October 28 said that he does not expect hatchback unit sales to grow in the fourth quarter (Q4FY23) or in the next fiscal year.

"This means that everywhere — whether urban or rural — the ability of people to buy hatchbacks has eroded," he had mentioned. The sales have dropped from 49.4 per cent in FY17 to 35.1 per cent in the first half of FY23 as