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Race for No.2 automaker hots up
The Morning Standard
|July 16, 2023
Hyundai expects its lead over Tata Motors will grow with the launch of mini-SUV Exter
RACE FOR MARKET LEADERSHIP
- FY23 grew by 18%, while Tata Motors’ sales grew 45%
- 148,303 units while Tata Motors’ sales came at 143,082 units
EVEN as the gap between Korean carmaker Hyundai and home-grown Tata Motors has narrowed for the second spot in the domestic car market, the former is confident of maintaining a lead.
Hyundai anticipates that its lead over Tata will grow with the launch of Exter, the much-anticipated mini-SUV. Exter will compete with Tata Motor’s Punch.
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