Tata Motors secured the second spot in India’s passenger vehicle market in September, marking a significant milestone for the company. This achievement came as Tata Motors surpassed both Hyundai and Mahindra in vehicle registrations during the month.
The rise in Tata Motors’ market position was primarily driven by strong sales in the SUV and electric vehicle (EV) segments. Notably, the company also expanded its lead over JSW MG Motor in the rapidly growing EV market, further solidifying its foothold in this space.
Meanwhile, Maruti Suzuki continued to maintain its dominance as the market leader in passenger vehicles. The overall demand for electric vehicles saw an upward trend, with EV registrations increasing across the board in September.
These developments highlight the dynamic shifts in India’s automotive landscape, with Tata Motors emerging as a formidable player in both conventional and electric vehicle categories.
https://cfo.economictimes.indiatimes.com/news/strategy-operations/tata-motors-speeds-past-hyundai-mm-to-2nd-spot-in-pv-race-extends-lead-over-jsw-mg-in-ev-registrations/124268377
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