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Bloomberg Quint

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Image Credit: Bloomberg Quint

Car Makers See Sharp Slump in December Sales; Tata Motors, Maruti Biggest Losers

  • Tata Motors is experiencing a tough time in the market due to increased competition from other electric car makers and a slowdown in SUV sales.
  • Maruti Suzuki has seen a significant decline of 27% in sales in December, while Toyota, which shares models with Maruti, has only experienced a 3% fall in sales.
  • Hyundai India is also affected by the sales slump as the growth in SUVs has slowed down.
  • M&M continues to outperform the industry with a 20% growth in sales between April and November this year.

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