Country's largest car maker Maruti Suzuki India continued its hold on the Indian passenger vehicles segment with six of its models featuring in the top ten selling list in the first half of this fiscal, thereby helping the company maintain its market share.
Country’s largest car maker Maruti Suzuki India continued its hold on the Indian passenger vehicles segment with six of its models featuring in the top ten selling list in the first half of this fiscal, thereby helping the company maintain its market share.
According to data from Society of Indian Automobile Manufacturers (SIAM), Maruti Suzuki India’s (MSI) entry level car Alto retained its position as the best selling model in April-September period this fiscal with 1,20,720 units, albeit a decline of 7.93 per cent as compared with 1,31,128 units in the year-ago period.
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The company’s hatchback WagonR moved up to the second spot during the period selling 86,939 units as against 84,660 units in the year-ago period, a growth of 2.69 per cent.
On the third spot was MSI’s compact sedan Dzire selling 81,926 units despite a decline of 20.95 per cent from 1,03,651 units in the same period last fiscal.
Maruti Swift was the fourth best selling model in the first six month of 2016-17 with the sale of 80,756 units as against 1,06,911, while Hyundai Motor India’s compact hatchback Grand i10 was fifth with 71,703 units sold during the period as compared to 58,078 units a year ago.
The South Korean car maker’s premium hatchback Elite i20 was sixth best selling model clocking 61,784 units in the April-September period as against 66,037 units in the corresponding period last fiscal.
Renault India’s entry level car Kwid made it to the seventh position with a massive jump to 56,028 units as compared with just 381 units last year.
Maruti’s new models — premium hatchback Baleno with 54,947 and compact SUV Vitara Brezza at 50,859 units were eighth and ninth best selling models, with the list rounded off by Hyundai’s SUV Creta at 47,923 units as against 23,117 in April-September 2015-16.
With six of its models in top ten best selling list, MSI maintained its share of 47.2 per cent in the domestic passenger vehicles market.
The company sold a total of 7,05,287 units in the April-September period this fiscal while the total industry passenger vehicles sales stood at 14,94,039 units.
In the same period last year, the company’s market share was 47.29 per cent selling 6,28,963 units out of an industry total of 13,29,874 units.