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Spirethoughts

Spire's six most recent Spirethoughts.

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India among the world’s top compact SUV markets

India overtook Japan in 2017 as the third largest manufacturer of compact SUVs.

Big players such as Renault, Mahindra & Mahindra, Ford Motor, Hyundai Motor, Maruti Suzuki and other SUV manufacturers sold 457,698 compact SUVs in 2017 – over four times the unit sales in 2015, at 107,634.

While 2016 saw shrinking sales for this vehicle category in China and the USA, sales in India grew nearly 50% from 307,365 units in 2016.

Will India overtake China as the world’s largest compact SUV market?


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Nidhi Singh
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Spire Research and Consulting
Phone: (91) 124 646 5499
E-mail: nidhi.singh@spireresearch.com

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