India’s Best-Selling Car 🚗 Brands
The brand-specific sales figures for the month of October 2023 are now available, and Maruti Suzuki
continues to lead the pack, followed by Hyundai and Tata. Most brands had a positive monthly result for
the holiday season. Kia saw a month-on-month (MoM) increase of more than 21%, while Toyota and
Honda saw a decline in monthly sales. Let’s take a look at the top ten best-selling car brands in India by
Maruti Suzuki is the first brand to be considered when purchasing a car, with the largest car line-up, the largest dealer network, and a reign of over 40 years. Even today, the dependability of Maruti vehicles is unparalleled, making the Indo-Japanese automaker the undisputed favorite of the masses. Every month, Maruti sells more units than the next three carmakers combined, taking the lion’s share, as it did last month. Maruti sold 1,68,047 units in October 2023, a 19.7 percent increase over the 1,40,337 units sold in the same month the previous year. Furthermore, Maruti cars dominated the list of top 10 selling cars, with the Maruti Wagon R becoming the best-selling vehicle.
Hyundai, India’s oldest and most successful foreign car brand, has long been the country’s second-largest carmaker. The Korean automaker’s formidable success formula has been stylish looks, refined and reliable engines, and upmarket features at relatively low prices. The competitive prices that Hyundai manages for its cars adds another layer of appeal, attracting thousands of buyers to its dealerships each month. Hyundai sold 55,128 vehicles last month, representing a 14.1% increase over the 48,001 units sold in October 2022. Furthermore, Hyundai has recently facelifted its best-selling i20, which now comes standard with 6 airbags and a single 1.2-litre petrol engine mated to either a 5-speed manual or a CVT transmission.
Tata Motors is one of those brands that is highly regarded not only in India but around the world. Tata is distinguished by the structural strength of its vehicles, which increases their safety. Tata is the only car manufacturer in India that has all of its vehicles tested by Global NCAP. While the Tigor and Tiago received a 4-star G-NCAP rating, which is highly commendable, the rest all received a 5-star G-NCAP rating. Along with unrivaled safety, the stylish appearance and comfort level of Tata vehicles help the Indian automaker maintain its third-largest market share month after month.
It would not be incorrect to declare Mahindra the SUV segment’s king. Mahindra has eight SUVs and one highly underrated MUV, the Marazzo, in its lineup of nine vehicles. The ever-increasing demand for SUVs keeps the Indian automaker at the top of the sales chart. This time, Mahindra sold 43,708 units, representing a 35.8 percent increase and maintaining its fourth-largest market share.Furthermore, while the Bolero, the champion of rural roads, sold 9,647 units and the cult classic Thar, 5,593 units, Mahindra’s iconic SUV, Scorpio, sold 13,578 units, making it one of the top ten selling cars.
Hyundai’s long and highly successful run has led to the arrival of its subsidiary Kia in India in 2019. The Korean automaker achieved instant success with its first vehicle, the Kia Seltos, and its popularity has grown by leaps and bounds since then. Kia usually outsells other established foreign carmakers in India, such as Honda and Toyota, despite having only four models on the market. In October 2023, 24,351 Kia vehicles were sold, representing a 4% year-on-year increase. Kia recently facelifted its best-selling vehicle, the Seltos, and this has had a significant impact, increasing Seltos sales by a significant margin.