Tata, Toyota, Maruti and Ford grow PV market share between April-October
Even as the passenger vehicle segment is impacted by a sales slowdown in Q2 FY2019 and OEMs find it difficult to sustain their market share growth, a few OEMs make gains in a tough environment.
15 Nov 2018
11578 Views
Share -
If passenger vehicle (PV) manufacturers were expecting the festive season to inject some level of fireworks in their sales, then their expectations have been belied. Having seen sales numbers accelerate hard in Q1 FY2019 (April-June 2018) with 873,501 units to notch 19.91 percent YoY growth, the segment was badly hit by sharply escalating fuel prices and an optically amplified negative growth all through Q2 (July-October 2018), caused majorly by the high year-ago base.
Vehicle sales in July (290,960 / -2.71%), August (287,186 / -2.46%) and September (292,658 / -5.61) saw growth being highlighted by a streak of red, with factors ...
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
Autocar Pro News Desk
17 Jan 2023
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
Autocar Pro News Desk
10 Jan 2023
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
Ajit Dalvi
10 Jan 2023
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...
