Maruti Suzuki, Hyundai market share falls to 12-Year low in first half of FY25 as new entrants gain ground

Maruti Suzuki, Hyundai market share falls to 12-Year low in first half of FY25 as new entrants gain ground

New Delhi: 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.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 … Read more