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Utility vehicle sales buck slowdown trend due to high discounts, launches

Overall car sales, however, dropped 22%: Siam data

Utility vehicle

New launches and deep discounts indeed sway Indians to buy a car.  Bucking the continuing dismal trend of declining consumer interest, data published by the Society of Indian Automobile Manufacturers (Siam) showed that utility vehicles (UVs) have recorded growth of 5.49 per cent in September 2019, selling 81,625 units as compared to 77,380 units sold in the same month last year. This was the segment that witnessed maximum discounts from carmakers, including on popular models like the Maruti Vitara Brezza and the Hyundai Creta. However, negative sales continued with sales ...