Hyundai Motors
Hyundai surpass the credibility of Maruti cars in the Indian car market. The car manufacturer took the first position in 2008 for offering the best resale value for its portfolio of cars. According to Hyundai car owners, all Hyundai cars are nicely styled and designed with best quality materials. These cars are also backed by solid warranties that further enhance the credibility of Hyundai cars in the market.
In the recent couple of years, Hyundai has also introduced a host of innovations like the kappa engine that have set new benchmarks in the industry. Hyundai cars like the i10 and i20 are the two significant additions in Hyundai’s portfolio. The i10 has won various awards and recognitions since it has been introduced in the market. It has also won the ‘Indian Car of the Year’ award in 2008. Hyundai Santro has also won an award by J.D. Power Asia for being the most reliable compact car in India.
It is believed that all Hyundai cars are reasonably priced, reliable, and have high resale value.
Maruti Suzuki
Maruti Suzuki is the leading car manufacturer in India that has rejoiced 25 years of its golden heritage. The car manufacturer is known for designing and producing stylish, compact, and highly reliable cars. Maruti cars have also been considered to be top most in terms of reliability, durability, solid warranty, and strong anticipated resale value.
Many of the Maruti cars have been awarded for being the most reliable cars in their respective segments. Reliability of the cars is one significant factor that helps to retain the resale value of any car. In 2008, Maruti Suzuki Swift won the award for being the most reliable car in the premium compact car segment whereas the Maruti Suzuki Zen and the WagonR were ranked second and third position in the compact car segment. The WagonR, Swift Dzire, and The Zen Estilo were also listed in the top three under their respective segment for their quality. When it comes to performance and execution, the WagonR, Swift, Swift Dzire, and the SX4 score the highest in their respective segment.
All these rankings and ratings by J.D. Power are a sure sign of Maruti’s credibility in the Indian car market.
Honda Motors
Honda has gradually carved its own niche in the Indian car market providing car models encompassing quality, reliability, and dependability. The car brand is gradually excelling all automotive areas by delivering superior car models with innovative car features to all its valued customers.
The Honda lineup of vehicles has merited this position with its leading cars like the Honda City, Honda Civic, and the Honda CR-V. The Honda Civic and the Honda CR-V have gained the top position in the premium midsize segment and the SUV segment for its performance and execution. The Honda City is considered to be the most reliable car in the midsize segment.
The car manufacturer is continuously introducing innovative technologies to pace with the growing car market. The recent and the most significant innovations like the G-Con and the i-VTEC engines have set new benchmarks in the industry.
Toyota
Toyota is believed to deliver value throughout the production cycles of all its cars plying on Indian roads. The brand delivering cars with solid structure, refined interiors, excellent performance, impressive fuel efficiency, and higher dependability is gradually making its position on the Indian automobile map.
All Toyota cars including the leading MPV (Multi-Purpose Vehicle) Innova is rejoicing great success in India. Innova is rated by J.D. Power Asia for being the best MPV when it comes to automotive performance, execution, and layout. It is also the most reliable and dependable car in its segment. Furthermore, the Toyota Corolla also holds a top position in the premium midsize segment for being the most dependable car.
Toyota is gradually heading ahead with higher recognition and brand value in the Indian car market.
Tata Motors
Tata has always experienced a tough competition with Maruti Suzuki for proximity of its car models in price and style. Unfortunately, Tata fails to overcome the success of Maruti cars in the Indian car market due to its higher cost of maintenance.
In any of the J.D. Power survey held in 2007 or 2008, Tata cars have not gained any position except the Tata Safari that stood second in vehicle dependability study in the SUV segment. Tata Indigo also ranked a position but below the average level in the midsize segment. Moreover, none of the Tata cars were recently found in the ranking list of the J.D. Power Asia. This clearly states that Tata has lower dependability and hence lower resale value when compared to Maruti, Hyundai, Honda, and Toyota cars.
However,
Tata cars have higher resale value when compared to Skoda, Mahindra, Chevrolet, and Ford cars.