Maruti Super Carry gains market share in a tough Q1 FY2020
In Q1 FY2020, Maruti Suzuki retailed 6,568 Super Carrys, marking 34.7 percent YoY growth and expanding its market share to 14.1 percent.
At a time when overall commercial vehicle sales are falling massively, with all key segments including M&HCV and LCV goods and passenger carriers seeing a sales decline, Maruti Suzuki India’s mini-truck – the Super Carry – has gained market share in the 2-tonne mini-truck segment. This, while the mini-truck market leader Tata Motors and Mahindra & Mahindra have both registered sales declines.
Between April-June 2019, the total LCV segment has fallen by 5 percent to 133,927 units. The goods carrier segment, which has the lion’s share in the segment, sold a total of 118,059 units (-5.4%). The 2T mini-truck ...
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