Maruti Suzuki's share slips to ~39%, near record low, as Tata and Mahindra win on features
India's no-frills car king is losing ground: Tata and Mahindra now hold ~14% combined share with SUV-heavy, feature-rich lineups. Suzuki plans $11B in investment through 2030 and new SUVs to fight back, even as under-$15,500 cars still dominate its mix.
Maruti Suzuki's India market share falls to near-record low ~39% as Tata and Mahindra gain with feature-rich SUVs; Suzuki plans $11B investment and new SUVs to regain ground.