Riding on launches and brand loyalty, Maruti Suzuki, Hyundai, Tata Motors, Kia Motors and Mahindra are dominating India’s passenger vehicle segment, despite the presence of large, recognised global brands such as Renault, Ford, Honda, Toyota and Volkswagen. Indeed, market leader Maruti Suzuki managed to retain its share despite not having any launches during the year so far.Why India’s top 5 carmakers control 85% of the passenger vehicle market
Riding on launches and brand loyalty, Maruti Suzuki, Hyundai, Tata Motors, Kia Motors and Mahindra are dominating India’s passenger vehicle segment, despite the presence of large, recognised global brands such as Renault, Ford, Honda, Toyota and Volkswagen. Indeed, market leader Maruti Suzuki managed to retain its share despite not having any launches during the year so far.
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