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Tata Motors and Maruti Suzuki registered a year-on-year rise in their retail sales market share in September, as per the latest passenger vehicle registration data. In contrast, Hyundai Motor India and Toyota Kirloskar Motor witnessed a decline in their respective market shares during the same period.
Tata Motors’ market share climbed to 13.75 per cent in September, up from 11.52 per cent a year earlier, when it sold 32,586 units in the domestic passenger vehicle segment.
Maruti Suzuki India retailed 1,23,242 units last month, capturing a 41.17 per cent market share, compared with 1,15,530 units and a 40.83 per cent share in September 2024.
Overall, passenger vehicle retail sales last month stood at 2,99,369 units, registering an increase of 6 per cent as against 2,82,945 units in September last year.
Mahindra & Mahindra retailed 37,659 passenger vehicles last month recording a market share of 12.58 per cent. It sold 35,863 units in the year-ago period with a market share of 12.67 per cent.
Hyundai Motor India retail sales stood at 35,812 units last month accounting for 11.96 per cent market share. It had sold 38,833 units in the same month last year with a market share of 13.72 per cent.
Similarly, Toyota Kirloskar Motor saw its market share drop to 6.78 per cent last month as compared to 7.35 per cent in the same month last year. The company’s retail sales stood at 20,303 units last month as against 20,792 units in September 2024.
Kia India’s market share saw a marginal year-on-year dip in market share at 6.78 per cent last month. The company sold 16,727 units last month as compared to 16,062 units in the year-ago period.
In the two wheeler space, Hero MotoCorp saw its market share rise to 25.10 per cent last month as against 22.48 per cent in the year-ago period.
Its retail sales rose to 3,23,268 units last month as against 2,71,820 units in the year-ago period. Rival Honda Motorcycle and Scooter India on the other hand saw its market share drop to 25.05 per cent last month as against 27.7 per cent in September 2024.
TVS Motor Company’s market share increased to 19.11 per cent as against 18.36 per cent in the year-ago period.
(With Inputs From PTI)
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