For HMIL, the SUVs contribute around 71 per cent to its total sales Compact sports utility vehicles (SUVs) are cannibalising the share of hatchbacks and small cars in the Indian automobile market. The segment has grown to around one-lakh units…
AutomobilesCarmaker looking to support revenue target of $11bn by 2030The Indian unit of South Korean carmaker Hyundai is targeting revenues of 1 trillion rupees in the fiscal year ending March 2030, roughly one and a half times the 692 billion…
The automotive sector witnessed a shift in market dynamics as Tata Motors and Maruti Suzuki posted increases in their retail sales share for September. According to newly released data, Tata Motors captured a 13.75% market share, up from 11.52%…