The sedan segment has seen a sharp decline over the past decade, largely due to the rising demand for SUVs. This trend hasn't gone unnoticed by manufacturers, who are increasingly focusing on expanding their lineup of SUVs and crossovers to cater to the shifting consumer preferences. In the early 2000s, hatchbacks used to dominate the Indian passenger vehicle market.
Over time, sedans took the spotlight offering more space, comfort and a touch of luxury. However, the winds of change have now brought SUVs to the forefront, appealing to buyers with their commanding road presence and versatile capabilities. The shift in consumer preference is reflected starkly in market data.
In FY22, SUVs held a 40.1 percent share of the total Indian passenger vehicle (PV) market. By FY24, this share had surged to 50.
4 percent, with projections suggesting it could reach 54-55 percent by the end of FY25. In contrast, sedans, which once enjoyed a significant market share, have now fallen below 10 percent, a clear indication of the segment’s dwindling appeal. Tata Curvv Coupe EV first drive review Big, stylish, loaded.
.. but better | TOI Auto On the other hand, the overall utility vehicle (UV) segment, which includes both SUVs and MUVs, has expanded dramatically, accounting for nearly 60 percent of the market today, compared to just 20 percent a decade ago.
C-segment sedan sales in India: In numbers While models like the updated Verna and the Skoda-Volkswagen twins provided a temporary boost to .