During Apr-Aug, the company sold 5,55,064 units, as compared with 7,57,289 units a year ago
While automobile companies continue to report declining sales for the past several months, Maruti Suzuki India and Tata Motors, India’s top automobile companies, saw their domestic passenger vehicle market share decline in April-August period of this year.
However, bucking the trend, Hyundai and M&M registered gain in market shares in the the same period, as per data compiled by industry body SIAM.
Maruti Suzuki India (MSI), the country’s largest carmaker, saw its market share slip below 50% in the domestic passenger vehicle segment in April-August, an over 2 percentage points decline. During the period under review, the company sold 5,55,064 units this fiscal so far, as compared with 7,57,289 units a year ago. The company’s market share has fallen from 52.16% last year to 49.83% in the April-August this fiscal.
SLIDE SHOW
|
- During Apr-Aug, the company sold 5,55,064 units, as compared with 7,57,289 units a year ago
- Industrywide PV sales at 11.09 L units over 14,51 L a year ago
|
Overall, PV sales stands at 11,09,930 units during the period as compared to 14,51,647 units a year ago.
Similarly, Tata Motors has reported sales of 60,093 units this fiscal so far as against 98,702 units last year. Its market share has fallen by 1.39 percentage points to 5.41% in the current fiscal as against 6.79% last year.
On the other hand, Hyundai Motor India saw its market share go up by 2.77 percentage points in the April-August this year. The company sold a total of 2,03,729 units this fiscal as compared to 2,26,396 units.
Despite selling less this fiscal, the company’s market share has risen from 15.59% last fiscal to 18.36%.
Similarly, M&M sold 89,733 units this fiscal so far as compared with 1,00,015 units in April-August last financial year, still its market share has risen by 1.19 percentage points this fiscal to 8.08% from 6.89%. Toyota Kirloskar Motor sold 53,977 units this fiscal so far as against 67,051 units a year ago.
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
 "Maruti Suzuki India")
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
)
){kind=small}
){kind=small}
)
)
)
)
)
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}