1/3rd of all passenger vehicles sold are UVs

India’s newfound love for utility vehicles has taken the share of that segment from a mere 13% of total passenger vehicle sales 9 years ago to more than one-third so far this fiscal. In 2010-11, the auto industry rolled out 78 new cars on roads and 36 new UVs. So far in this financial year, 53 new cars have been launched, & an equal number of UVs have been launched.

from Personal Finance News-Wealth-Economic Times https://ift.tt/2tlHPgR