Talking about the sales of the financial year 2019-2020 in the Indian automobile market, the carmaker companies have seen a decline in annual sales. However, in this entire year, the company has also launched a lot of new launches. There has been no significant change in the situation in terms of ranking and market share with Maruti Suzuki. Maruti Suzuki remains in the first place as usual and Hyundai India is in second place. However, beyond what some analysts expect, Tata Motors is at the fourth position and Mahindra & Mahindra at the third position.
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Some analysts believed that Tata Motors would beat Mahindra in this financial year. However, this did not happen and Mahindra sold 1,86,978 vehicles, while Tata Motors sold 1,31,197 vehicles in the financial year. The difference between the two companies is about 43%. Maruti Suzuki has sold 14,36,000 units in the same fiscal period. Hyundai has sold 4,85,309 units. However, record passenger sales have seen a decline of 27% in total passenger vehicles and car companies have sold 24,50,960 units.
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Mahindra has managed to maintain its position with new models like Mahindra XUV300 and SsangYong Rexton G4 based Alturas G4. The Alturas G4 is a very expensive vehicle from the company. Due to this its share has been low. However, sales of the XUV300 subcompact SUV and models such as the Scorpio and XUV500 have been strong. Now all companies are working in BS6 product line-up regarding their models and companies have also made most of the models conform to BS6 emission standards. While Tata Motors has removed diesel engines from its smaller models. Maruti Suzuki has discontinued the diesel engine from its entire product line-up.
