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SUV segment to see intense competition

SUV segment to see intense competition

SUV segment to see intense competition

New Delhi Tata Motors on Tuesday said it plans to keep updating its SUV range as it expects the robustly growing segment to remain highly competitive with presence of all leading players.

Sports utility vehicles are driving the overall growth of the domestic passenger vehicle segment. As per the latest SIAM data, SUV sales account for 60 per cent of the overall passenger vehicle sales in the country. In an interaction with PTI, Tata Motors Passenger Vehicles Managing Director Shailesh Chandra said the company has a leadership position in some of the SUV sub-segments and is looking to consolidate in others. “The SUV segment is going to be an intensely fought segment. The top three-four players will have just a few thousand (units) here and there. At some point someone will be number one, sometimes somebody else will become number two,” he said.

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