Tata Motors, India's third-largest passenger vehicle maker, took pole position in the competitive sport utility vehicle (SUV) market in October, revealing the data from industry sources.
Riding high on the Punch — the sub-compact SUV offering launched on October 18 - the Tata group flagship sold a record 23,381 units in October, higher than 20,022 units sold by archrival Mahindra & Mahindra, 18,538 units sold by Hyundai Motor India, and 15,931 units sold by Kia Motors India. Utility vehicles - that include SUVs and multipurpose vehicles -accounted for almost one in every two passenger vehicles sold in India in the first seven months of the current financial year, according to the Society of Indian Automobile Manufacturers. It underscores the growing preference for the body type.
This story is from the November 15, 2021 edition of Business Standard.
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This story is from the November 15, 2021 edition of Business Standard.
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