Mahindra Clings Onto Final Podium Spot — Maruti Still The King Of The Sales Charts

Indian automaker Mahindra, which is best known for its Sports Utility Vehicles managed to retain its third spot in the annual sales charts for passenger vehicles in the financial year 2018-19. Mahindra trailed behind the overwhelming leader Maruti Suzuki and Hyundai while managing to keep rivals like Tata Motors and Ford at bay.

Mahindra Clings Onto Final Podium Spot

Mahindra sold a total of 2,36,901 vehicles in the financial year 2018-19 which was an increase of 2,261 units over the previous year. This marks a 1 per cent growth over the previous financial year 2017-18, when the carmaker sold 2,34,640 units. Mahindra introduced three new vehicles in the financial year 2018-19 in the form of the Marazzo MPV, Alturas G4 premium full-size SUV and the XUV300 sub-4-metre compact SUV.

However, it was Maruti Suzuki which once again blew its cmpetiton out of the water recording sales numbers of 17,29,555 units in the financial year 2018-19 a year-over-year growth of 5.2 per cent. Maruti Suzuki sold 86,088 units more in 2018-19 compared to 2017-18, where it recorded sales figures of 16,43,467 units. In fact, Maruti's was so dominant in the car market in India in 2018-19, that its premium Nexa recorded sold more vehicles in India than every other car marque in the country except for Hyundai. Nexa alone recorded sales of 3,32,465, which was an increase of 4,927 units over the previous financial year. In fact Nexa sold 2 per cent more vehicles in the '18-19 financial year compared to the previous one where it recorded sales figures of 3,27,538 units.

Hyundai rolled into second place once again in the 2018-19 financial year after selling 5,45,243 units in India. Hyundai sales in India grew by 2 per cent in India in 2018-19 rising in numbers by 9,002. The South Korean carmaker, which launched the new Santro in 2018-19 had sold 5,36,241 units in the previous financial year. The top 5 was rounded off by Tata Motors which sold 2,10,143 units (12 per cent growth) in 2018-19 and Honda which shipped out 1,83,808 (8 per cent growth) vehicles in the same period of time.

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Read more on: #mahindra
Article Published On: Monday, April 8, 2019, 18:25 [IST]
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