Monday, April 14, 2014

Indians continue love affair with Japanese, Korean cars in 2013-14 

 

India’s love for Japanese and Korean cars continues as Maruti, Hyundai and Honda monopolised the top positions in the domestic passenger vehicle market in 2013-14.

an cars continues as Maruti, Hyundai and Honda monopolised the top positions in the domestic passenger vehicle market in 2013-14.

While the top five positions remained unchanged from last year with Maruti’s Alto, Swift, Dzire and WagonR and Mahindra’s Bolero sharing the spoils, Honda’s best-selling car Amaze and Hyundai’s Grand i10 were the new entrants in the top 10.
Alto retained its pole position for the tenth consecutive fiscal year but sales fell for the third straight year while Swift barely managed to stay ahead of its compact sedan version Dzire. The ageing WagonR witnessed a robust 15% growth at a time when many of its contemporaries such as Zen Estilo and A Star have been phased out.
The list was conspicious with the absence of any American or European car, with Ford’s EcoSport and Renault’s Duster selling less than 50,000 units in the full year. Also for the first time, no car from Tata Motors figures in the top 10 as the Indica, Indigo and Nano suffered a 29.3%, 27.8% and 60.8% fall in sales, respectively.
NAME- RAJ GAURAV
              PGDM 2 SEM

 

No comments:

Post a Comment