Top Trending Automobile Topics in India (2024) & Stock Market Impact
India’s SUV Boom: Why Every Car Buyer is Choosing SUVs Over Sedans SUVs have taken over the Indian car market, with more than 50% of new car sales belonging to this segment. Gone are the days when sedans were the preferred choice. Today, models like the Mahindra Scorpio N, Tata Harrier, and Maruti Grand Vitara dominate the roads. Buyers are prioritizing: High ground clearance for Indian road conditions A commanding driving position and better road presence More space and comfort for long drives Stock Market Impact The rising SUV demand has significantly impacted automobile stocks: ✅ Tata Motors (NSE: TATAMOTORS) : Strong SUV portfolio with Nexon, Safari, and Harrier boosting sales. ✅ Mahindra & Mahindra (NSE: M&M) : XUV700 and Scorpio-N have led to record bookings, driving the stock up. ✅ Maruti Suzuki (NSE: MARUTI) : New Grand Vitara and Jimny are expanding Maruti’s SUV market share. 2. EV vs Hybrid: What’s the Smarter Choice for Indian Roads? Overview With...