It is very interesting. Suzuki is the undisputed number 1 in India in terms of car sales. For many years, it has been retaining this crown and in the near future, we are not able to see a possibility of anybody else (whether Hyundai or Honda or Mahindra) overtaking Suzuki.
Suzuki is just miles ahead of competition. The gap between it and others are just too wide. The number 2 is Hyundai which is bombarding the market intermittently with new models to be in the race.
Now, the number three comes into the picture. Who is number three? It is regularly switchable between Honda and Mahindra. For a month, Honda is no. 3 and for next month, Mahindra gets this position.
So, what is interesting?
Interesting thing is that at no. 3 is Suzuki.
How it can be? Is not Suzuki no. 1?
Yes, Suzuki is no. 1 as far new cars sold are concerned. At no. 3 is Suzuki's used car business called 'True Value'.
A report in the Business Standard says:
Maruti Suzuki is not only the country’s largest passenger vehicle company. If you go by volumes of pre-owned cars sold, it occupies the third slot in the passenger vehicle industry. Maruti’s pre-owned or used car business has grown to a record 358,000 units (in 2014-15).
The sheer volume of units sold, makes True Value (Maruti’s pre-owned car business) the third-largest domestic passenger vehicle seller (irrespective of new or old) after Maruti (at 1.17 million) and Hyundai Motor (at 420,000).
If things remain so, one day, probably Suzuki at no. 1 will be staring at itself for competition in the form of its old car business at no. 2.
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