The Economic Times24 Sept 2026, 5:30 am IST
Small car sales recover after tax cuts, but SUVs remain popular
What happened
- Tax cuts on small cars helped their market share rise from 2.3% to 3.3%.
- Demand for SUVs remains strong, with their market share reaching 58%.
- Maruti Suzuki reported a 58% increase in small car sales this year.
Key terms explained
Financial terms from this story, in everyday words.
- SUV
- Sport Utility Vehicle; a type of car designed for versatility and often higher ground clearance
Original source
The Economic Times
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