Bajaj loses market share in 2008-09

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Bajaj Auto Ltd. was the biggest loser across all segments. Bajaj is now closer to losing its number two position in the two-wheeler segment. Hero Honda and Hyundai Motors emerged as the two clear gainers in market share in 2008-09.

In the passenger car space, the top three - Maruti, Hyundai Motors and Tata Motors - moved even further apart from the rest in a market that tilted more towards small cars.

Maruti improved its share marginally to 52.21% while Hyundai, still basking in the success of the i10 model, cornered 20.01% of the pie. In 2007-08, Hyundai Motors had a market share of 17.97%.

hero honda logoTalking about Hero Honda, Against a share of 44.78% in 2007-08, the company now has a share of 48.95% in the two-wheeler segment and an even higher 59.77% in motorcycles.This gain is likely beacose of the losing impact of Bajaj. Bajaj’s share has shrunk to 17.29% in 2008-09. TVS Motors and HMSI are breathing down its neck with 15.28% and 13.66% respectively. (autoindia)


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