Why it is moving
Maruti Suzuki has maintained its leading position in the Indian automotive market for 40 years, but the market share nearing an all-time low indicates rising competitive pressure and a shift in underlying market dynamics.
Driver data is partial
Some drivers have no confirmed source evidence yet, read those as context, not confirmation.
Main drivers
The shift in Indian consumer preferences from small, fuel-efficient vehicle segments to larger and more premium vehicle segments
No confirmed source evidence yet.
The structural make-up of the Indian automotive market is shifting in line with product upgrade demand
No confirmed source evidence yet.
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