M&M advances Tata Motors as EV sales dip
Hindustan Times Thane|December 16, 2024
Mahindra & Mahindra (M&M) has surpassed Tata Motors as India's third-largest carmaker thrice in the second half of 2024 on new launches at a time cooling electric vehicle sales and an ageing line-up have hurt the fortunes of the Tata Group company.
Alisha Sachdev

NEW DELHI:

In August, September, and November, Mahindra, the maker of Thar SUV (sport utility vehicle), cornered 12.64%, 12.64%, and 13.14% share of India's passenger vehicle market, respectively, showed a Mint analysis of the government's vehicle registration data compiled by Fada Research. That surpassed Tata's 12.26%, 11.53%, and 12.38%, respectively, for those months.

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