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VERIFIEDET Finance·neutral
Entry-level hatchbacks regain ground after GST cuts, but SUVs continue to dominate
AI Summary
- ·Entry-level hatchbacks' market share increased from 2.3% to 3.3% following GST cuts.
- ·Sport utility vehicles (SUVs) continue to dominate the market, holding a 58% share.
- ·Customer aspirations are shifting towards SUVs, even for first-time car buyers.