Maruti Suzuki Market Share: Dealing with the Warmth: The Cause Behind Maruti Suzuki’s Decline in Market Share


Maruti Suzuki says that electrical automobiles are nonetheless within the early phases with solely restricted infrastructure, vary issues and excessive battery value.

essence

Maruti Suzuki’s home market share of passenger automobiles has declined from 50.1 per cent in Q1FY20 to 40.5% in Q1FY23. The primary motive for that is the corporate’s lack of presence within the utility automobile (UV) section.

Maruti Suzuki’s home market share of passenger automobiles has declined from 50.1% in Q1 of FY15 to 40.5% in Q1 of FY23. The primary motive for that is the corporate’s lack of presence within the utility automobile (UV) section. With the automaker now planning to introduce new fashions on this section, it stays to be seen how a lot it can assist the corporate. Maruti Suzuki India is the market chief in home passenger automobiles.

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