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 nine years ago to more than one-third so far this fiscal. In 2010-11, the auto industry rolled out 78 new cars on Indian roads and 36 new UVs. So far in the current financial year, 53 new cars have been launched, and an equal number of UVs have been launched, according to data from industry body SIAM.