🚗"Hero MotoCorp and Maruti Suzuki: Two Giants in the World of Vehicles"
[THREAD🧵]👇
1) In Feb'23, 71% of the vehicles purchased in India were two-wheelers, indicating that the majority of Indian citizens primarily rely on 2W for transportation.
#marutisuzuki #heromotocorp
2) Two Wheeler Vehicles 🛵🏍️
Hero MotoCorp leads the 2-wheeler segment with a 31% market share, while Honda Motorcycle & Scooter follows closely behind with a 24% share.
3) Three Wheeler Vehicles🛺
With a 38% market share, Bajaj Auto holds the top position in the 3-wheeler segment, followed by Piaggio Vehicles with an 8.4% share.
4) Commercial Vehicles🚒
Tata Motors leads the Commercial Vehicle segment with a 38% market share, followed by Mahindra & Mahindra at 24%.
5) Passenger Vehicles🚗
The Passenger Vehicle segment is led by Maruti Suzuki with a market share of 41.4%, while Hyundai Motor follows with a share of 13.6%.
6) Tractor Business🚜
Mahindra & Mahindra leads the Tractor segment with a market share of 23%.
Data Source:
fada.in/images/press-r…
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