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India’s best-selling UVs this April-July, Hyundai breezes ahead in market share

Hyundai Motor India is upping the UV ante with every passing month. In the first four months of FY2021, it leads with 24.54%, followed by Maruti (23.37%), M&M (16.21%) and Kia (12.51%)

By Ajit Dalvi calendar 29 Aug 2020 Views icon9256 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
The Hyundai Creta (21,968 units), Maruti Ertiga (14,163), Mahindra Bolero Power Plus (6,614) and Kia Seltos (16,995) have been the standout performers in the UV in April-July 2020.

The Hyundai Creta (21,968 units), Maruti Ertiga (14,163), Mahindra Bolero Power Plus (6,614) and Kia Seltos (16,995) have been the standout performers in the UV in April-July 2020.

FY2021 has had a dismal start what with the Covid-induced lack of demand, social distancing norms that have led to a shift in OEM marketing strategy, reduced production and the generally dampened economy. The passenger vehicle sector has felt the heat and how: the April-July 2020 period has seen total sales of 336,513 units, down a massive 62.73% year on year. Cars are down 67% (182,824), UVs down 51% (139,409) and vans down 72% (14,280). However, not all is doom and gloom.

The rate of decline is slowing for the PV segment and sub-segments, month on month, and as ...

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