1. Maruti Suzuki market share falls for 3 straight months

Maruti Suzuki market share falls for 3 straight months

Passenger vehicle market leader Maruti Suzuki witnessed a fall in its market share for the third consecutive month in October.

By: | Published: November 11, 2015 12:24 AM

Passenger vehicle market leader Maruti Suzuki witnessed a fall in its market share for the third consecutive month in October.

Maruti’s market share stood at 45.07% in October compared to 49.65% in July.

In the same period, Mahindra and Mahindra and Renault India gained market share of 2.5 and 2 percentage points respectively.

M&M’s gains mainly

came with the launch of its compact sports utility vehicle TUV300 while Renault gained in the entry level segment with the launch of its new model Kwid.

Maruti too has launched new products in the market in recent months including crossover S-Cross and premium hatchback Baleno.

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