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Old 4th May 2025, 00:03   #61
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Re: Mahindra is now entering the race for the #2 position | Slowly closing the gap to Hyundai & Tata

Quote:
Originally Posted by Geta View Post
1)
There is no need for shifting the goalposts here, as all these years Hyundai and TaMo were declared as No 2 only based on their monthly factory despatch numbers. I don't think Mahindra needs to prove themselves by a different yardstick.

2)
Personally, I would prefer the annual net revenue and net profits, though. Based on those parameters, Mahindra is wayyyyyy ahead of Hyundai and TaMo and was the second largest automobile manufacturer in India in 2024-2025.
1)
No shifting of goalposts here. Retail sales figures have always been considered as an important yardstick in the higher echelons of automotive industry management.
I haven't paid much attention to TaMo or Hyundai being considered #2 based on production figures, but I know that TaMo shall never allow unsold stock beyond a small limit. The shock of 1999 when the erstwhile Telco almost sank under the weight of unsold stock shall never be forgotten.

2)
Net revenue can be one of the heads. Let's add customer satisfaction index , safety rating (average of the entire range), compliance to E20 and beyond, percentage of alternative green fuels vehicles in total sales to the mix.

I have a genuine question. Does SIAM or the Commerce/ Industry ministry officially declare a manufacturer as the annual #1 based on production figures?

I also find it a bit strange that while I quoted @volkman10 and had a query he has not responded and others are coming out with responses to refute me.

Team-BHP prides itself about the forum's neutral stance. In accordance with that , it would be better if statistics are presented in the same tone. If the "leaving in the dust" part had not been there, I would have probably just glanced at the post and moved on.

Anyway, I have said what I wanted to , so am moving on from this discussion, won't be responding further here.

Thank you all, wish you a pleasant and safe ride always.
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Old 4th May 2025, 05:23   #62
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Re: Mahindra is now entering the race for the #2 position | Slowly closing the gap to Hyundai & Tata

Quote:
Originally Posted by Anwesh View Post
1)
No shifting of goalposts here. Retail sales figures have always been

Team-BHP prides itself about the forum's neutral stance. In accordance with that , it would be better if statistics are presented in the same tone. If the "leaving in the dust" part had not been there, I would have probably just glanced at the post and moved on.

Anyway, I have said what I wanted to , so am moving on from this discussion, won't be responding further here.

Thank you all, wish you a pleasant and safe ride always.
In a 100m sprint, we just see who crosses the line first. We do not bring in parameters like who makes a better husband, who scored more in maths in high school etc. Do we?

All these years nobody was complaining when TaMo was adjudged as No 2 in sales based on factory despatch numbers. When Mahindra does the same thing, suddenly so many parameters are brought in.

We have seen in last months of calendar year 2024 that unsold inventories was more with Tata Motors and relatively less with Mahindra, in fact, most models of Mahindra has a waiting list, making inventory pile-up less likely. I don't believe TaMo or Hyundai have such waiting lists, hence Mahindra is less prone to inventory pile-up compared to TaMo and Hyundai.

If Mahindra is indeed piling up inventories just as a PR stunt, it is a bad business decision and they will pay the price. But if the price is not huge, what stops Hyundai and TaMo from doing the same thing?

All these are besides the point. The basic point made is that the goalposts need not be changed when someone else is succeeding. Period.
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Old 5th May 2025, 09:35   #63
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Re: Mahindra is now entering the race for the #2 position | Slowly closing the gap to Hyundai & Tata

Retail Data for April:

FADA's April 2025 retail data show Hyundai secured a market share of 12.47%, representing a substantial contraction from the 14.29% it commanded in April 2024. This 1.82 percentage point decrease is particularly notable when compared to the performance of its closest competitors:

> Market leader Maruti Suzuki maintained its dominant position with 39.44% market share, though this also represented a marginal decline from 40.39% in the previous year.

> Mahindra & Mahindra significantly strengthened its position, capturing 13.83% of the market, up from 11.23% a year earlier—a remarkable 2.6 percentage point improvement.

>Tata Motors holds 12.59% market share, down slightly from 13.61% in April 2024.

Quote:
In absolute numbers, Hyundai retailed 43,642 vehicles in April 2025, a significant 11.37% decline from the 49,243 units sold in April 2024. This contrasts sharply with Mahindra's performance, which registered 48,405 vehicles—an impressive 25.09% growth over the 38,696 units from the same period last year.

Link:

Last edited by volkman10 : 5th May 2025 at 09:38.
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