he Indian passenger vehicle market continues to witness intense competition among top automakers. According to the latest market share report, Maruti Suzuki maintains a dominant lead, while Mahindra and Hyundai strengthen their positions in the top three.
Market Share details as below:
Maruti Suzuki – 38.90% Maruti continues to rule the Indian passenger vehicle segment with an unmatched lead, thanks to its strong product lineup and extensive dealer network.
Mahindra – 15% Mahindra has secured the second spot, driven by high demand for its SUVs like the Scorpio, XUV700, and Thar.
Hyundai – 12.50% Hyundai retains its strong foothold with popular models like Creta, Venue, and Exter, holding the third-largest market share.
Tata Motors – 11.90% Tata maintains its position as a key player, supported by its EV lineup and bestselling SUVs like Nexon and Harrier.
Toyota – 8.40% Toyota continues to grow steadily with models like Innova HyCross and Urban Cruiser Hyryder.
Kia – 6.40% Kia’s Sonet, Seltos, and Carens have helped it sustain a solid presence in the Indian market.
Skoda – 1.90% Skoda has a niche market presence, primarily driven by models like Slavia and Kushaq.
MG Motor – 1.80% MG maintains a small yet steady share, banking on its EV and SUV portfolio.
Others – 7%
Brands like Honda, Nissan, Volkswagen, and Renault together make up the remaining share.
Leave a Reply