Maruti Suzuki has steadily captured the utility vehicle market from Mahindra by tweaking its range and launching compact UVs such as the Vitara Brezza and Ignis. 1 position in utility vehicles (UVs) bore fruit after seven years as it raced past market leader Mahindra and Mahindra Ltd to capture a 28.6% share. It has garnered nearly a fifth of the UV market in just two years. From an investor standpoint therefore, FY19 would be the make or break year for the auto segment. With Maruti Suzuki being a strong force to contend with and in the lead position, it is a tough road ahead for Mahindra.

Source: Mint March 23, 2018 02:37 UTC