New Delhi sources reported that Home-grown automaker Tata Motors has become the fourth-largest passenger vehicle (PV) maker by dethroning Honda cars Indian in the FY18. Meanwhile according to the data shared by both the companies, Tata Motors sold 187,321 units in the April 2017-March 2018 period, growing at a rate of 22%, whereas Honda Cars India sold 170,026 units in the same period, growing at a rate of 8%.
Accordingly both the carmakers were competing against each other to become the fourth-largest carmaker after Mahindra & Mahindra, Hyundai Motor India and Maruti Suzuki India and further despite growth in the Honda Cars India sales, Tata Motors swiped the fourth slot. The primary reason behind the rise of Tata Motors’ domestic sales is its strong sales of the compact utility vehicle Nexon and mini-hatchback Tiago.
Further since the launch of Tata Tiago, the car maker has been
seeing an uptick in its sales. The Tiago has been contributing over 40% of
Tata’s domestic sales. However, the Hexa and the Tigor did not
fly-off well because of the strong competition in the segment. Furthermore
with the help of the executive sedan Honda City and the crossover
WR-V, the Japanese car maker’s domestic sales are growing month-on-month.
Mahindra Y400 SUV likely to be priced from Rs 22 lakh According to report the Marazzo MPV was recently launched on September 3, 2018 and dealers wanted the MPV to enjoy more floor-space as the brand’s newest launch before introducing more new products. By launching the Y400 on October 9, Mahindra would essentially leave only around a month-long gap between both launches. The Mahindra Prime Zone, as reported by us earlier, will cater to the brand’s newer launches like the Marazzo MPV and the Y400 SUV.
- Fourth generation Tucson grows in size to become a 7 Seater
- Next-generation SUV to replace ageing second-gen Pajero Sport by 2019
- Fifth-gen Honda City likely to come with diesel-CVT
- India's first Lamborghini Urus delivered to a Mumbai customer
- Mahindra Y400 SUV based on SsangYong Rexton, launch on October 9
- Maruti begins road tests of its made in India EV in India
- Much awaited Mahindra Marazzo catapulted successfully
- New Hyundai hatchback takes on Maruti Suzuki Celerio and Tata Tiago
- Petrol, diesel & CNG cars older than 15 years be scrapped
- Maruti's Ertiga for buyers looking for Seven seat people mover
- Tata Harrier SUV ahead of its scheduled January 2019 launch
- Five seat Mitsubishi SUV is in the pipeline for India by 2020
- Leading Carmakers announced price hike
- Mahindra Marazzo to launch Marazzo MPV by next month
- Ciaz facelift gets same number of variants & near-identical color options