Smaller players like Toyota, Ford and Renault capture bigger market share

Tata now occupies the fourth slot with the incremental volumes from the Tiago

The smaller players in the domestic car market are beginning to see a comparatively bigger ride. In a trend reversal, the combined share of top five car companies has come down while the next five have gained share in an expanding market. All the five companies (occupying sixth to tenth position) led by Renault and its alliance partner Nissan have expanded share.

The combined share of top five companies (Maruti Suzuki, Hyundai, M&M, Honda and Tata Motors) is down from almost 85 per cent in FY16 to 82.6 per cent in the first eleven months of FY17. Among these, only