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Friday 20 November 2015

2016 All Set To Belong To Micro SUV’s

We all are aware of the fact that SUV’s are shrinking in India. Compact Sports utility vehicle & crossovers made the waves in 2014015, now get ready to be moved with the wave to be generate by micro SUV’s that car manufacturers will be launching early next year to woo the entry level buyers in the Rs 3-6 lakh bracket.

Renault Kwid took the market by storm with its SUV like looks 2016 will see the launch of some interesting micro SUV’s like Mahindra XUV 100 also called S101, Datsun’s Redi Go & leader Maruti Suzuki's Ignis, which is expected by the festive season next year.

(Image Source: indianautosblog.com)

Customers will also be able to buy the compact crossovers just by adding couple of lakhs. The list include Maruti Suzuki's sub-4 metre SUV based on the XA Alpha concept car, Tata Motors' stylish Nexon and Mahindra's upgraded Quanto — all expected within the price range ofRs 7 -Rs 8 lakh.

See Also: Exclusive cars coming to India

The 'entry SUV' or crossover-styled vehicle is a segment that's unique to India and a select few markets. It's the extension of the Indian car buyer's fondness for novelty, which resulted in the creation of sub-segments over the past decade including the 'entry-level sedan' and the various derivatives of compact cars and hatchbacks.

The key trigger for vehicle manufactures for shrinking the size of cars has been the government’s incentive to make smaller cars. A sub-4 meter vehicle attracts half the excise duty of 12 per cent for bigger vehicles. And these sub-4 meter sedans are making their way across the globe, potentially positioning India as a major export hub for this new segment.

Micro SUV’s to be launched next year includes:

Make Way for Micro SUV’s
Company
Brand Name
Launch Month
Expected Price
M&M
XUV100
Jan 16
3.9-5.9 Lakh
Datsun
Redigo
Feb 16
2.9-4.9 Lakh
Maruti Suzuki
Ignis
Sept 16
4.5-6.5 Lakh
M&M
Quanto
Feb 16
5.9-7.5 Lakh
Tata Motors
Nexon
Sept 16
4.99-8.5 Lakh

The fact that Renault Kwid garnered over 50,000 bookings within a month is a clear testimony to the fact that people want to have something different and disruptive. Sure, there is room for more players provided they offer something innovative.

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