Sales of premium SUVs run out of steam as sales drop 18% this fiscal

Sales of premium SUVs priced above ₹20 lakh, such as Hyundai Tucson and Toyota Fortuner, have dropped by 18% in the first five months of this fiscal year. This decline is attributed to a shift in consumer preference towards midsize SUVs and feature-rich MPVs, which offer better value and versatility.