Hyderabad: Kia Motors, which launched its first car in India in August 2019, has been a runaway success. It sold 21,021 units in October, and is very close to the 3rd position where Tata Motors (23,600 units) is.
Kia has reported 64% YoY growth, while Tata Motors, which too has made a comeback, has seen 79% growth.
Hyundai has sold 56,600 units and is at the second position. The top position has been consistently occupied by Maruti with 1,63,300 units sold in October. The month-on-month increase has been 11 per cent while the year-on-year growth is 18% for the Japanese maker. Maruti currently has 49% market share.
The auto industry, which was badly hit due to the pandemic, is seeing recovery thanks to the festive season.
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