From The Economic Times · Shally Mohile · · 50s
Hatchbacks Gain After GST Cuts, SUVs Dominate
GST cuts help entry hatchbacks rebound but SUVs keep leading.
In brief
GST cuts help entry hatchbacks rebound but SUVs keep leading. Entry hatchbacks rose to 3.3% market share after GST cuts, while SUVs held 58% share in FY27. Originally reported by The Economic Times.
Market Shift
Entry hatchbacks rose to 3.3% market share after gst cuts.
SUV Dominance
Suv market share hit 58% in fy27, up from 56% before gst cuts.
Past Trends
Entry hatchbacks had 8% share five years ago, now 2.3%.
Expert View
Ravi Bhatia says tax cuts alone don't explain market shifts.
Maruti Sales
Maruti Suzuki saw 58% rise in entry car sales this year.
What Next
First-time buyers now prefer suvs over traditional small cars.
At a glance
Entry hatchbacks rose to 3.3% market share after GST cuts, while SUVs held 58% share in FY27.