267.95 (1.86%) Maruti Suzuki Indian (MSI) has tightened its grip on the Indian passenger vehicles (PV) market with seven of its models featuring in the ten best selling list in 2016-17, with its small car Alto retaining the top seller tag for the 13th consecutive year. MSI’s top seven best selling models accounted for over 35 percent of the domestic PV sales at 10,74,937 units.
Overall, the company which sold a total of 14,43,641 units last fiscal had a market share of 47.38 percent in the PV segment. According to data released by Society of Indian Automobile Manufacturers (SIAM), MSI had only six models in the top ten list in 2015-16.
Maruti Suzuki India (formerly known as Maruti Udyog) is an automobile manufacturer in India. It provides passenger cars, utility vehicles and vans. The firm also offers pre-owned car sales, fleet management and car financing services.