Maruti Suzuki's India market share slips to record-low 39% as SUV wave lifts Tata, Mahindra
India's top carmaker sees dominance erode as compact-SUV demand from Tata Motors and Mahindra & Mahindra reshapes buyer preference; Maruti now plans pricier SUVs and faster R&D, backing an $11B investment push to defend share through 2030.
Maruti Suzuki's India market share hits record low ~39% as SUV demand from Tata/Mahindra erodes dominance; company plans pricier SUVs, faster R&D to regain share by 2030.