Kia, Hyundai and Tata grab UV market share, Maruti and Mahindra feel the heat in FY2021
Surging demand for the Seltos, Creta and Nexon helps OEMs increase market share; Kia takes No. 3 position from M&M in a year fraught with many challenges.
14 Apr 2021
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In the competitive marketplace that India is and especially in the booming utility vehicle space, they say it is the SUV-ival of the fittest. So, even as the UV vehicle market with 10,60,750 units (12.13%) was the star performer among all vehicle segments – driving past the million-sales landmark for the first time ever – and the sole one to enter positive sales territory, there is an intense battle underway among OEMs to grow market share. Some number-crunching reveals interesting insights.
Maruti Suzuki and M&M see their UV share decline
While Maruti Suzuki Indiaremained the UV market leader ...
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