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Maruti drives past 50% market share

Hyundai has a share of about 16% and grew sales by less than 4% in April- May 2017-18

Ajay Modi  |  New Delhi 

The country’s top car maker, Maruti Suzuki, is now bigger than the rest of the industry put together for the first time in over a decade. In the first two months (April & May) of the current financial year (FY17-18), the company sold 274,329 passenger vehicles (cars, vans and utility vehicles) in the domestic market, about 19,300 more than the 254,930 units sold by the rest of the industry players put together. Maruti clocked a volume growth of over 19 per cent in these two months, much higher than the industry’s growth of 12 per cent.   The sales of April-May gives the ...

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First Published: Mon, June 12 2017. 00:21 IST