News Snapshot:
A few years back India was said to be a small car market, but now it is no longer the same. The focus has shifted to SUVs due to their versatility. Auto-manufacturers are witnessing exponential sales growth in this segment because people find them to be practical, spacious, and safer. More than half the passenger vehicles sold in India in the last few months were SUVs that commanded more volumes than hatchbacks and sedans. Companies are focusing on this segment from Maruti Suzuki to Hyundai. Both companies, Maruti and Hyundai, dominate this segment. This trend is not just confined to...