Auto majors lose car market share to smaller firms in 2010-11

Auto majors lose car market share to smaller firms in 2010-11
New Delhi, Apr 10 (PTI) With many players entering the small car segment in India with new models, leading players like Maruti Suzuki, Hyundai Motor and Tata Motors lost their market share in 2010-11 to mainly Ford India and Volkswagen, says SIAM.According to figures released by the Society of Indian Automobile Manufacturers (SIAM), the country”s car market leader Maruti Suzuki India”s (MSI …
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Record Highs Continue for Hyundai
SYDNEY – April 6, 2011: Hyundai continued its record-breaking run with another strong sales result achieved in March. Record high month end results were achieved by i20 with 579 units sold, i45 with 452 units sold, and ix35 finishing the month with 982 units sold.
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