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%)
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 ...
This is an Autocar Pro Plus article. Subscribe to continue reading.
RELATED ARTICLES
TVS increases scooter market share to 24% with half-a-million units in April-August
With 523,458 units, TVS Motor Co records best-ever scooter sales in the first 5 months of a fiscal and also substantiall...
Maruti Suzuki strengthens its grip on car exports in H1 FY2023
Having shipped 131,070 units in April-September 2022, Maruti Suzuki India accounts for 41% of total made-in-India vehicl...
Tata Motors No. 1 CV OEM in H1 FY2023 but loses market share in 3 sub-segments
India’s commercial vehicle market is back in growth mode. While M&HCVs are up 88%, LCV demand has grown by 59%. An in-de...