From affordable family hatchbacks to powerful 7- seater SUVs, the Indian car market offers a vehicle for every family’s needs. In a vast country like India, this market presents numerous opportunities and challenges, as various car brands vie for the largest share.
Certainly! Here’s a table with 15 rows containing columns for Company Name, Sales Figure, and Market Share:
Top Selling Car Brands in India
Company Name | June Sales- 2024 | Market Share |
---|---|---|
Maruti Suzuki | 137160 | 40.4% |
Hyundai | 50103 | 14.8% |
Tata Motors | 43527 | 12.8% |
Mahindra | 40022 | 11.8% |
Toyota | 25752 | 7.6% |
Kia Motors | 21300 | 6.3% |
Honda | 4804 | 1.4% |
MG | 4644 | 1.4% |
Renault | 3553 | 1% |
Volkswagen | 3260 | 1% |
Skoda | 2566 | 0.8% |
Nissan | 2107 | 0.6% |
Jeep And Citroen | 281,339 | 0.1% both |
Maruti Suzuki
Maruti Suzuki has been the top carmaker in India for a long time and remains unbeatable. With the biggest range of cars and the largest service network, Maruti operates on a much larger scale than any other carmaker in the country. Maruti sells more cars each month than the next three carmakers combined. In June 2024, Maruti sold 137,160 units, maintaining its position as the industry leader. Additionally, six Maruti models ranked among the top 10 best-selling cars in India.
Hyundai
Hyundai sold 50,103 cars, nearly the same as it did in the same month last year. Hyundai’s SUVs made up about 68 percent of its total sales, with the Creta leading, followed by the Venue and Exeter. The Hyundai Creta was the best-selling SUV and the only Hyundai car to make it into the top 10 selling cars.
Tata Motors
Tata is the only car brand in India with all its models tested by Global NCAP. The Tigor and Tiago earned a respectable 4-star rating, while the rest of Tata’s cars boast a top 5-star rating, making them some of the safest cars in India. Tata has a strong presence in the ICE segment and leads the EV market with four electric vehicles: the Tata Nexon EV, Tata Tigor EV, Tata Tiago EV, and Tata Punch EV. Additionally, Tata has the second-largest lineup of CNG cars after Maruti Suzuki, offering four CNG models.
Mahindra & Mahindra
Mahindra, renowned for its robust SUVs, has dedicated itself to this segment for an extended period.Mahindra’s Scorpio and Bolero models were pivotal, together accounting for 19,672 units, roughly 49% of the brand’s total sales. The Scorpio lineup includes the Scorpio Classic and Scorpio N, while the Bolero lineup features the Bolero, Bolero Neo, and Bolero Neo Plus. These models have been instrumental in Mahindra’s success in the SUV segment.
Toyota
Toyota is renowned for its durability, a reputation that consistently places the Japanese automaker at the forefront of the Indian car market. Last month, Toyota surpassed its closest competitor Kia with sales of 25,752 units, marking a significant year-on-year growth of 41.2%, the highest among the top ten carmakers.
Kia Motors
In June 2024, Kia sold 21,300 cars, marking a 9.8% increase compared to the previous year. The Sonet was Kia’s top seller with 9,816 units sold, followed by the Seltos with 6,306 units, and the Carens with 5,154 units.
Honda
Honda continues to be a top choice in the Indian market for quality cars. The Honda Elevate SUV and the iconic Honda City sedan are popular among families seeking premium options, while the Honda Amaze serves well as a budget-friendly sedan. In June 2024, Honda sold 4,804 units, with the Elevate leading sales at 2,151 units, followed by the Amaze at 1,794 units, and the City at 859 units. Despite a 5.4% decline in year-on-year sales, Honda maintains its reputation for reliable and versatile vehicles.
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