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".
This story is from the November 17, 2024 edition of The Sunday Guardian.
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This story is from the November 17, 2024 edition of The Sunday Guardian.
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