Renault outperforms Kia and Tata Motors in terms of volumes and market share in September 2019

Several leading automobile manufacturers in the country have been struggling with low sales since the past few months. However, Renault has witnessed an impressive 30 per cent growth in September with 8,345 units sold last month as against 6,434 units sold in September 2018. The recently launched Triber has emerged as the volume-generator for Renault in India. With this, the French carmaker holds a market share of 3.7 per cent and holds the sixth rank in terms of sales in September.  

Moreover, the country’s largest utility vehicle manufacturer, Tata Motors, which was one of the top three brands in the country, has now dropped to seventh rank in September. Tata Motors has sold 8,097 units in September as against 18,429 units in the same period last year, thereby witnessing a 56 per cent drop in sales last month. In September 2019, Tata Motors held 3.6 per cent market in India.   

On the other hand, it is worth noting that the Kia Motors holds a strong 3.5 per cent market share in September with just a single product, the Seltos. In terms of sales numbers, the company has sold 7,754 units of the Seltos in India, which indeed is an impressive figure considering unfavorable market conditions. The demand for the model is growing every month and the company is also considering expanding its production capacity to 10,000 units a month to meet growing demand.