Auto Inc majors brake with tradition

India’s leading passenger vehicle and two-wheeler manufacturers experienced market share declines in FY25 due to heightened competition. Maruti Suzuki and Hyundai’s shares in the PV segment hit 12-year lows, while Hero MotoCorp’s share also dropped significantly. Mahindra & Mahindra and Toyota Kirloskar bucked the trend, gaining market share amid sluggish overall growth.

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