June 2018 Car Sales – Snapshot
The Indian Auto Industry grew a healthy 37.8% YoY as the last year’s base was low (due to GST transition). Apart from Renault, Nissan, VW & Fiat all other OEMs reported a positive growth
Maruti drops below 50% Market Share even though the OEM grew a humongous 44% YoY!
Hyundai grew a modest 20.8% YoY backed by New Creta & i20 launch
Toyota’s growth was phenomenal basis Yaris performance (also it was affected the most during GST implementation)
Tata Motors dethroned Mahindra from the 3rd spot!
Even Honda overtook Mahindra’s passenger vehicle sales by a very strong market response for its newly launched Amaze.
Ford too had a great month and the same is attributed to the newly launched Freestyle!