Honda Cars India Ltd. has
overtaken Mahindra to becoming 3rd largest car manufacturer for the
month of July 2014. Last year Mahindra had overthorned Tata Motors to gain the
second spot and how Honda has done the same thing what Mahindra did to Tata
Motors. With this Tata Motors is in the 5th place with Maruti Suzuki
leading followed by Hyundai.
Now the top 3 car
manufacturers in India are Multinationals reflecting Indian customer sentiments
towards foreign manufactures, purely because of the technological brilliance.
Honda with its new launches
(All new City and Mobilio) is surely a strong competitor to Hyundai. Honda also
has plans to launch a small car below Brio and an SUV based on Brio platform in
couple of years. With those models coming, the current equation might change
and who knows Honda might be the numero uno in 3-4 years in India!
Source: TOI
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