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Kia snatches 7.43% UV share, Hyundai-Kia 26%, Renault surprises with 4.49%, MG takes 2.35%

All four OEMs see their new products deliver the goods, even as established players see their utility vehicle market share take a hit in the April 2019 to January 2020 period.

By Ajit Dalvi calendar 16 Feb 2020 Views icon19313 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
Kia snatches 7.43% UV share, Hyundai-Kia 26%, Renault surprises with 4.49%, MG takes 2.35%

Can any vehicle manufacturer in India stop the relentless march of Kia Motors? In barely six months, the Korean carmaker and sibling of Hyundai has taken a 2.53% share of the passenger vehicle market and snatched a 7.43% share of the utility vehicle (UV) market, a robust performance that puts most established OEMs in the shade. Considering the past year constituted depressed market conditions, a scenario which is unlikely to change hugely for most of 2020, imagine what Kia's sales and market share would have been in happier times in the Indian automobile market.

Kia Seltos-es rivals, launches Carnival, ...

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