SUVs were the second-largest contributor to the increase in global CO2 emissions since 2010 after the power sector – ahead of heavy industry as well as trucks and aviation.
Image for representation. (Source: AFP Relaxnews)
The global auto industry, including that of India, is going through a massive slump. Last year, many manufacturers India reported sales decline as high as 40 percent. Global markets like China and Germany also posted negative growth. There’s no single factor contributing to these negative numbers. Factors like the BS-VI emission norms and overall market degrowth resulted in the slump in the markets like India.
However, among the dipping numbers, one body type proved to be an anomaly. While hatchback and sedan sales declined, both in India and overseas, SUV sales have broken all the records. Right from small SUVs to a new segment called mid-SUV, big cars were preferred by everyone.