Maruti races ahead to capture nearly half the market
While most carmakers are struggling to push sales, market leader Maruti Suzuki is racing ahead in the domestic segment, capturing a 14-year-high share in it. Personal Numerology
Riding high on double-digit growth in sales, the company is set to close the year (2015-16) with a share of 47 per cent - compared to 45 per cent last year (2014-15).Its nearest competitor, Korean auto major Hyundai, too, will close the year at an all-time-high market share of 17.5 per cent. Last year, Hyundai's market share was 16.2 per cent. Stock Market Trading Tips
Riding high on double-digit growth in sales, the company is set to close the year (2015-16) with a share of 47 per cent - compared to 45 per cent last year (2014-15).Its nearest competitor, Korean auto major Hyundai, too, will close the year at an all-time-high market share of 17.5 per cent. Last year, Hyundai's market share was 16.2 per cent. Stock Market Trading Tips
Sales of the two companies, in volumes, are also at a record high.
Together, they now enjoy 64 per cent share of the market. Last year, it was 61 per cent.
All other carmakers together - about a dozen - have 36 per cent of the market, with none of them in double digits.The third largest player in the market, Mahindra & Mahindra, has a share of 8.26 per cent. Indian stock market astrology prediction
While Maruti increased its share this year by two per cent, General Motors, Nissan andVolkswagen have a share of well below two per cent each. Market share is a function of how other players also perform.Seven companies lost share in the current year because of different reasons. Toyota, Tata Motors, Volkswagen and General Motors figure in this list. New launches have not worked for everyone. Jackpot Stocks Trading Tips
R S Kalsi, executive director (sales and marketing), Maruti Suzuki, said a combination of factors helped the company gain share. Commodity Market Astrology Tips
"We have added close to 200 regular sales outlets and 125 Nexa (premium) outlets this year to reach the customers. While new launches such as Baleno and Brezza have been well accepted, the older models such as Financial Astrology
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