SUVS Account For A 43% Y-O-Y Traffic Increase Across All Sub-Segments
- By MT Bureau
- October 29, 2024
SUVs continue their dominant streak as the vehicle of choice across demographics. They have come to account for a 43 percent year-on-year traffic increase across all sub-segments, according to a statement by CarDekho.com.
Released with an eye on the festive season of 2024, the statement takes a look at the pre-festive season traffic trends across various sub-segments of the four-wheel passenger vehicle industry during the period April-September.
With SUVs dominating, the statement reads that 58 models are available in the respective segment. Stating that more models are scheduled to be launched in FY2024-25, it underlines the broad range of fuel and engine type combinations, catering to diverse consumer needs and providing tailored options to suit varying preferences.
In the April-September 2024 period, the mass SUV segment led the growth in the automotive market, registering a strong 43 percent year-over-year (YoY) increase in traffic. Its contribution to overall traffic on the platform rose from 50 percent to 63 percent, making it the most dominant body type.
While all SUV sub-segments displayed significant growth, the compact SUVs (sub-four-metre) sub-segment led the charge in the SUV segment with 37 percent year-on-year growth, increasing their traffic contribution from 32 percent to 38 percent.
Interesting is the rise in prices of hatchbacks in the Indian market with their average selling price getting close to the average selling price of SUVs.
This is said to be one of the factors that is leading to a switch to SUVs. With executive SUVs witnessing the highest growth within the SUV category at 47 percent year-on-year increase (their share is rising from 15 percent to 19 percent respectively), the demand for SUVs is expected to rise steadily over the short and mid-term as existing as well as new infrastructure quality continues to be a matter of concern. The quality of infrastructure looks inversely proportional to the rise in toll tax ironically across highways and city roads.
The midsize SUV sub-segment also performed well with a 31 percent year-on-year increase, as per the CarDekho.com statement.
Mass hatchback segment
In the mass hatchback segment, traffic grew by 28 percent year-on-year, driven largely by premium hatchbacks that make up 86 percent of the total traffic in the respective category.
Premium hatchbacks experienced a 31 percent year-on-year growth, while mini hatchbacks grew by 20 percent. The micro hatchbacks saw a 22 percent decline in traffic (this includes cars like the Marut Alto).
With a shift in consumer interest away from smaller, ultra-compact vehicles evident, it is the SUVs that seem to benefit from rather than sedans.
The sedans showed the lowest growth among all body types with an 18 percent year-on-year increase, maintaining a consistent 15 percent share of overall traffic. Despite this, the premium sedan segment saw a significant 65 percent year-on-year growth even though it is driven by just one model. The sub-segment’s contribution remains at only one percent of total site traffic.
“The continued growth of the SUV segment reflects a strong and evolving consumer preference within the automotive industry. SUVs have become the vehicle of choice for a wide range of buyers due to their versatility, enhanced driving comfort, and ability to meet the diverse needs of Indian consumers. Compact SUVs, in particular, have gained significant traction, offering the perfect combination of practicality and performance. As we see this segment expand, it's driving healthy competition, promoting innovation, and ultimately offering a wider range of choices to the Indian consumer. This surge signals a maturing market where consumers are increasingly discerning, pushing the industry to elevate its game across design, features, and value proposition,” said Mayank Jain, CEO, New Auto (CarDekho Group).
Luxury autos
On the luxury brand side, the CarDekho.com statement reads, that traffic rose by 17 percent year-on-year across all model pages. Although luxury vehicles continue to garner interest, their share of total traffic remains relatively low compared to mass market segments, it mentioned.
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Lexus India Introduces Industry-First 8-Year Or 200,000km Warranty
- By MT Bureau
- April 28, 2026
Japanese automotive luxury brand Lexus India has announced a standard 8-year/200,000 km warranty for all new vehicles sold from 1 April 2026.
This makes it the first luxury manufacturer in India to offer such extensive coverage. This enhancement significantly upgrades the brand's previous 8-year/160,000 km programme (introduced in 2024), specifically increasing the mileage cap to accommodate high-usage owners.
The initiative is rooted in the Japanese philosophy of Omotenashi – anticipating customer needs – and aims to bolster resale value while providing long-term security.
The updated policy is designed to be comprehensive and ‘guest-centric,’ requiring no additional premium from the buyer.
As per the company, all new Lexus models sold in India starting 1 April 2026 will now get 8 years or 200,000km (whichever comes first) warranty from the date of delivery. The warranty is part of a broader ‘Lexus Life’ ecosystem that includes tailored finance plans, insurance and 24x7 roadside assistance.
Maruti Suzuki Hits Record Profits In FY2026, Plots INR 140 Billion Towards Capacity Expansion
- By MT Bureau
- April 28, 2026
Maruti Suzuki India (MSIL) has reported its most successful financial year to date, posting record annual net profits of INR 144,454 million for FY2025-26, as compared to INR 142,976 million last year.
However, the headline success comes with a caveat: the carmaker is officially ‘sold out,’ ending the year with a massive backlog of 190,000 pending orders.
Despite producing a record 2.42 million vehicles, consisting of 1,974,939 units in domestic market and exports at 447,774 units, Maruti is struggling to keep pace with a domestic market supercharged by ‘GST 2.0’ reforms.
In comparison, total sales last year at 2.23 million units, comprising 1.90 million units in domestic market and exports of 332,585 units.
For Q4, Maruti Suzuki India reports its highest-ever quarterly sales of 676,209 units, up 11.8 percent YoY. Domestic sales came at 538,994 units, while exports at 137,215 units was an all-time high.
Chairman R C Bhargava confirmed the company is operating at 100 percent capacity, with dealer inventories hitting a critical low of just 12 days.
"We are no longer fighting for customers; we are fighting for floor space," Bhargava noted during the earnings call. To address this, the board has greenlit a record capital expenditure (CAPEX) of INR 140 billion – the highest in the company’s history – to simultaneously develop mega-sites in Kharkhoda, Haryana and Gujarat.
In a notable departure from industry norms, Bhargava downplayed the slip in Maruti’s market share to below 40 percent. He dismissed the metric as a ‘sexy figure,’ arguing that physical production limits make market share a vanity metric.
"Why do I care about market share when my ability to produce and sell is intact?" he asked, pivoting the company’s focus toward National Interest – specifically through aggressive exports. Annual exports grew by 34.6 percent, with the UK emerging as the top market for the new electric e-Vitara.
While the e-Vitara marks Maruti’s serious entry into the global EV space, the company is doubling down on a diversified ‘green’ strategy:
The Small Car Revival: Demand for entry-level cars (18% GST bracket) has surged, making up 130,000 of the current order backlog.
The company is aggressively scaling Compressed Bio-Gas (CBG), with its Hansalpur plant aiming to meet 50 percent of its energy needs from cow-dung-derived fuel within two years.
Renault India Opens First ‘new’R’ Store In Jharkhand
- By MT Bureau
- April 28, 2026
Renault India, one of the leading passenger vehicle manufacturers, has inaugurated its first "new’R" experiential retail outlet in Ranchi, marking a transition towards a more urban and futuristic sales environment in Jharkhand.
The facility, located on Old H.B. Road, was opened by Francisco Hidalgo-Marques, Vice-President of Sales & Marketing at Renault India. During the inauguration, the company delivered five new Renault Duster units to customers, highlighting the regional demand for the recently launched SUV.
The launch is part of a broader network expansion that brings Renault’s total national presence to 638 touchpoints, which includes 200 ‘Workshops on Wheels’ designed for remote service delivery.
The Ranchi facility covers over 3,000 sqft and is designed to integrate both sales and technical support. It features four vehicle display units in a contemporary setting and is equipped with eight service bays and a dedicated delivery bay.
The ‘new’R’ theme utilises signature lighting and a central vehicle display to allow for a 360-degree customer view of the products.
The move underscores Jharkhand's growing importance in the Indian automotive market. By combining modern design with increased service capacity, Renault aims to improve long-term customer engagement through its ‘Renault Forever’ initiative.
Francisco Hidalgo-Marques, said, “Jharkhand is emerging as one of the most decisive car markets in India, and Ranchi is right at the heart of that shift. The response to the new Renault Duster tells us that customers are not just buying an SUV, they are buying into capability, design, and trust. With the new’R Store, we are transforming how customers engage with Renault, more modern, more intuitive, and closer to their expectations.”
MINI India Launches Exclusive Convertible John Cooper Works Pack At INR 6.15 Million
- By MT Bureau
- April 28, 2026
German luxury brand BMW Group has introduced the new MINI Convertible John Cooper Works (JCW) Pack in India, priced at INR 6.15 million (ex-showroom).
Available as a completely built-up unit (CBU), the JCW Pack adds a bold, performance-oriented aesthetic to the classic open-top MINI experience. Deliveries for the limited-quantity edition are set to commence immediately across all authorised dealerships.
The MINI Convertible JCW Pack is powered by the latest MINI TwinPower Turbo petrol engine, delivering a balance of efficiency and ‘go-kart’ handling featuring 150 kW (204 hp) and 300 Nm of torque. A claimed zero to 100 kmph in 6.9 seconds and a top speed of 240 kmph. It is paired with 7-speed Double Clutch Steptronic Sport Transmission featuring a Boost Mode for immediate power delivery.
The JCW Pack focuses on an assertive stance with unique design elements such as specific bumpers, side skirts and door entry sills, complemented by 17-inch JCW Sprint Spoke Black alloy wheels.
It comes with a electrically operated soft top opens in 18 seconds at speeds up to 30 kmph and includes a sunroof mode that can be opened up to 40 cm at any speed. The luggage capacity ranges from 160 litres (top down) to 215 litres (top up).
The cabin merges minimalist design with high-resolution technology including an OLED ‘MINI Interaction Unit’ display, which serves as both the instrument cluster and central command centre, running the MINI Operating System 9.
It gets sports seats feature Vescin upholstery – a high-quality, artificial leather-free material made from recycled components.
Smart features includes a Head-up Display, Harman Kardon Surround Sound and MINI Digital Key Plus, which allows a smartphone to serve as the vehicle key.
The MINI Convertible JCW Pack is equipped with a comprehensive safety suite, including a rollover protection system, Dynamic Stability Control, and a rear-view camera.
Hardeep Singh Brar, President and CEO, BMW Group India, said, “The new MINI Convertible JCW Pack is for those who want their MINI to reflect a bold, assertive personality without losing the signature ‘go-kart’ feel they love. It delivers a sporty JCW aesthetic that perfectly complements your cruises.”
MINI India offers a standard two-year unlimited kilometre warranty, with service and warranty extension options available for up to 10 years. Financial solutions, such as the MINI 360deg plan, provide assured buy-back options and lower EMIs compared to traditional bank loans.

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