Top losers & gainers in passenger vehicle market share
Honda Cars India and Maruti Suzuki have emerged as biggest gainers while Tata Motor and Mahindra & Mahindra were the biggest losers in market share in April-Feb FY14
Interestingly, Hyundai Motor India despite decline in the over all sales in the same period has experienced marginal increase in its market share from 14.6 per cent in April- Feb FY 13 to 15.83 per cent in the same period in April-Feb 2014.
Maruti’s market share have bounced back with the new launches and beefed up market in the rural area. While launch of diesel vehicle and new launches boosted Honda cars market share. Home grown vehicle manufacturers, Tata Motor and Mahindra & Mahindra were the biggest losers in the mentioned period.
Tata Motors market share reduced to 8.1 percent in April-Feb FY 2014, from 12.1 per cent in the like period previous fiscal. Mahindra’s market share in April –Feb FY 2014 contracted to 10.1 per cent from 11.7 per cent in the previous fiscal.
Data Source: SIAM