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Old 17th February 2020, 12:35   #16
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Default Re: Maruti becomes India’s third largest utility vehicle maker

Kia Motors India's SUV, MPV market share increases to 7.43 percent, established players lose Market Share!


Maruti becomes India’s third largest utility vehicle maker-uvsalesbycarmakerjan20.jpg


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Last edited by volkman10 : 17th February 2020 at 12:36.
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Old 17th February 2020, 13:26   #17
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Default Re: Maruti becomes India’s third largest utility vehicle maker

Maruti becomes India’s third largest utility vehicle maker-uvsalesbycarmakerjan20.jpg
  • A total of around ~18% of UV market volumes were exchanged between different OEMs.
  • Apart from the new players, few existing players also ate into other existing players pie! While few expanded the segment with introduction of new sub-segment products.
  • Thanks to Venue and Triber, existing players Hyundai and Renault together gained a whopping 8.16%.
  • New players Kia and MG together created themselves a healthy space with around ~10% combined market share.
  • Among the established players, Toyota, Mahindra, and Maruti are the biggest losers with combined market share loss of around ~11.28%.
  • Standing next to top 3 losers, Honda, Tata, and Ford together lost a combined market share of around ~5.38%.
  • Thanks to Kia, now Hyundai Motor Group surpasses Maruti(24.77%) and Mahindra(20.43%) to command ~26.29% UV market share in India!
It's going to become much more interesting with upcoming launches from new entrants and established players.

Last edited by wheelguy : 17th February 2020 at 13:33. Reason: Added the last point :)
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