New Venue powers Hyundai's market share gain, MG Motor India opens account, M&M close to being UV market share king
Having crossed 50,000 bookings since launch in May, Venue gives Hyundai a new charge; Hector's 1,508 units give it a 0.52% share; M&M comes tantalisingly close to unseating UV market leader
15 Aug 2019
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July 2019 was the 10th straight month of declining sales and the utility vehicle (UV) segment was down 15.22 percent year on year (YoY) to 67,030 units, contributing to the decline of the overall passenger vehicle (PV) segment which lunged by a startling 31 percent to 200,790 units.
But a slowing market can also see action and Hyundai Motor Indiaseems to be in the thick of the utility vehicle (UV) segment. For the April-July 2019 period, the first four months of FY2020, the Chennai-based automaker has sold a total of 60,191 units, which marks handsome 41.31 percent ...
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