As per fresh reports, Mahindra & Mahindra has surpassed Tata Motors to become the third biggest car manufacturer in the Indian market.
During the first quarterly period of this financial year, the Utility car giant sold 61,504 cars in the country.
On the other hand, Tata Motors sales decline around 7% to 60,405 units during the same period of 2012-13.
Even during the last month (June 2012), the sales of Mahindra & Mahindra remained up at 19,259 units as compared to the 17,244 units sold by Tata Motors.
The demand for the sport utility vehicles and multi utility vehicles have strengthened M&M’s place in the Indian market and regardless ofbolsteringfabrication there is waiting phase for bulk of the Mahindra cars.
The orders for Tata Motors continued to decline in the recent time. Previously, Tata Motors lost its second place to Hyundai and at the present, third rank to Mahindra & Mahindra.
Tata Motors want to refurbish their completearray, together with designs as the most of their vehicles are now linked only with taxis market. As Mahindra & Mahindrahas taken on the third spot, but it’s still far behind Hyundai, which stands on the second position with sales of 30,450 units during the last month.
The market head, Maruti Suzuki, is in a different combinationholding market share of more than 42%Maruti Suzuki sold 83,531 vehiclesduring the last month.