SUV sales have shot up to 34 percent in Q1 CY2021 and it is the first time that SUV body style has crossed 30 percent share!
Demand for SUV/Crossover body style has reached to an all-time high
Budget crossover like Nissan Magnite and Renault Kiger will further eat into the sub 4m hatchback and sedan segment
Manufactures who already have put all their eggs in SUV/Crossover basket will have a good chance in future
Noteworthy SUV/Crossover Body Style Sub Segments -
Sub 4m monocoque SUV/Crossover segment has become very crowded
Despite being over 7 years old, Ford Ecosport is maintaining a healthy segment share
In absence of a competitive drivetrain, Maruti Brezza is losing segment share
Despite being pricey, KIA Sonet is doing quite well
Nissan Magnite and Renault Kiger, has made a niche-budget-sub segment for themselves
Move up in size, Hyundai-KIA’s non-identical twins has decimated competition and garnered 90% segment size
They are the only ones to have a very competitive and cost-effective diesel engine in the segment
Hector loaded with all bells and whistles dominates the large monocoque SUV segment started by XUV500 in 2011
Harrier and New Safari together command an impressive 44% share
Upcoming XUV700 will surely alter the pie in future and Alcazar launch is also going to make the big difference!
Large and true blue ladder chassis SUV segment is still dominated by Toyota Fortuner
With a more powerful engine and recent facelift, has given more firepower to already potent product
MG Gloster, as a challenger, has eaten into Ford Endeavour’s pie share
Ford is here to be blamed, as they put an underpowered BS6 engine, in otherwise, very competent package
Fortuner will certainly gain more share in the coming future but would be interesting to see how Gloster will sustain itself in company of proven SUV credentials