The Indian car market has faced multiple disruptions in the last three years on account of changing regulations and multiple waves of Covid-19.
The need for personal mobility has given rise to strong demand for cars, but the kind of cars that India drives today has significantly changed. A strong shift towards SUVs versus hatchbacks and sedans has meant that the market share for the leader
is diminishing but it continues to be a leader by some distance.
A strong portfolio of SUVs drove homegrown to more than double its market share, whereas the newbie Kia has swiftly risen through the ranks to grab a top-five position.
Hyundai is facing pressure from Tata Motors for the number 2 spot, whereas Mahindra is making a smart comeback with the new Thar and XUV700.