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Maruti, Hyundai market share falls
The Sunday Guardian
|November 17, 2024
The landscape of India's passenger vehicle (PV) market is undergoing a notable transformation as the dominance of long-standing players declines while new entrants gain ground.
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According to a research report by Jefferies, the combined market share of the two top automobile manufacturers--Maruti Suzuki and Hyundai--has slipped to a 12-year low in the first half of fiscal year 2025 (1HFY25).
This shift highlights a dynamic change in consumer preferences and competitive positioning within the PV sector.
The report said, "Market shares of the top 2 OEMs (Maruti and Hyundai) slipping to 12-year lows in 1HFY25 and Mahindra and Toyota climbing to alltime highs".
Cette histoire est tirée de l'édition November 17, 2024 de The Sunday Guardian.
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