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Estimate The Number of Hatchbacks Sold by Maruti in West Bengal
Estimate The Number of Hatchbacks Sold by Maruti in West Bengal
Assumptions:
Hatchbacks Owned
Now Total Hatachback Cars owned by Households based on their income group. percentage on the basis of
incomegroup Number Number of Hatchbacks
One Hatchback Two Hatchback
Above 17 Lacs Income --- 1 % 50% 100000 30% 60000
3.4 – 17 Lacs Income --- 14% 25% 700000 10% 280000
1.5-3.4 Lacs Income --- 15% 10% 300000
As Maruti Suzuki is the market leader in the passenger cars and have 50 % of the market share 936000
So total number of Maruti Hatchbacks sold in West Bengal in a year will be approximately 936000