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India among the world’s top compact SUV markets

Spire, Spirethoughts, India, Compact, SUV, Market

Spire, Spirethoughts, India, Compact, SUV, Market

India overtook Japan in 2017 as the third largest manufacturer of compact SUVs.

Big players such as Renault, Mahindra & Mahindra, Ford Motor, Hyundai Motor, Maruti Suzuki and other SUV manufacturers sold 457,698 compact SUVs in 2017 – over four times the unit sales in 2015, at 107,634.

While 2016 saw shrinking sales for this vehicle category in China and the USA, sales in India grew nearly 50% from 307,365 units in 2016.

Will India overtake China as the world’s largest compact SUV market?

Find out more here: https://www.spireresearch.com/newsroom/spirethoughts/india-among-the-worlds-top-compact-suv-markets/

Spire Research and Consulting was established in 2000 to address a gap in the research and consulting industry in global emerging markets. Unlike most agencies that focus on traditional consumer research, our founders saw a profound need for holistic research projects.

Unit 501-502, DLF City Court,
DLF Phase III, Sector 24, Gurugram – 122002, India
Telephone: (91) 124 421 6144
Fax: (91) 124 422 1934
E-mail: india.info@spireresearch.com

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