Maruti has stopped production of its hugely popular Alto 800 from April 2023. Now the company is selling only the Alto K10 and S-presso in the entry level. In fact, Maruti has not taken this decision suddenly. Rather,given the declining demand for entry-level cars. Today, the entry-level car has been replaced by an entry-level SUV. It's time for SUVs. The SUV craze has increased in every segment. According to the report, more than half of the cars sold in the country in the last financial year i.e. 2022-23 were SUVs. In this case, all the big car manufacturers have increased the focus on SUVs. It is expected that even in the current financial year, the demand for SUVs is going to be higher than that of hatchbacks and sedans.
Only 1 per cent of entry-level cars sold
According to a report by the Society of Indian Automobile Manufacturers (shiam), the entry-level share of the total cars sold in the country has now dropped to less than one per cent. Sales of second and entry level SUVs are on the rise. This is a sign that the income of middle class and upper middle class is growing in the country and it is now focusing on entry level SUVs above the entry level and the Maruti is getting a strong competition in this segment.Tata Motors and Hyundai occupy 60-70 per cent of the market for entry-level and compact SUVs. Last year, Tata Motors ' Nexon and punch, Hyundai's Creta and Maruti's Vitara Brezza were the top-selling SUVs.This button is of great use in the car, but 99% of people do not know its correct use, shows its magic when pressed.
Double sales
Tata punch has been in the market since its launch. The car was launched in October 2021. The following month, in November 2021, it sold 6,110 units. In November 2022, it has sold 12,131 units. Since January 2022, this car is selling more than 10 thousand units on average every month. Today, you may have to wait three to six months for this car.
Sales of Alto K10 and S-presso are declining
It now has Alto K10 and S-presso as entry levels in its portfolio. But, these cars are also not very effective. According to the report, in March 2023, both the Alto K10 and the S-presso sold only 11,582 units, while in March 2022, the total sales of these two cars was 15,491. Similarly, in April 2023, these two cars sold 14,110 units while in April 2022, they sold 17,173 units.Breaking news in Hindi first read News18 Hindi| Aaj Ki breaking news, live news updates, read most trusted Hindi news website News18 Hindi|
0 Comments