7 Biggest Car Manufacturers: There are currently around 14 companies operating in the Indian car market. Mahindra has been selling well for some time now, which has helped it overtake Tata Motors to become third. This article lists the top 7 biggest car manufacturers with their market share for September 2024.
7 Biggest Car Manufacturers
1. Maruti – 40% Market Share
Maruti Suzuki is the first company in this list, which sells the most cars in India. This company has dominated in terms of sales in India. Its total market share in the month of September 2024 was 40.39%.
2. Hyundai – 14% Market Share
Korean brand Hyundai Motors India Limited is at number two. Its market share in the month of September 2024 was 14.24%. Its market share has declined by 0.71% compared to earlier.
3. Mahindra – 14% Market Share
Mahindra company’s total market share was 14.23% in September 2024. Hyundai’s market share was 14.24%, so it is in second place. Year-on-year, the company’s market share has increased by 2.86%.
4. Tata Motors – 11% Market Share
Tata Motors is at number four, earlier it was at number 3. Its total market share last month was 11.44%. A decline of 0.92% has been seen in its market share, which was 12.36% in September 2023.
5. Toyota – 6% Market Share
Toyota is at number five in this list, its total market share was 6.63% in September 2024. Its market share has increased by 0.52% year-on-year, which was 6.11% in September 2023.
6. Kia – 6% Market Share
Kia India Private Limited is at number six. Its market share last month was 6.55%. Kia India market share has increased by 1.04% year-on-year, which was 6.11% in September 2023.
7. Honda – 1% Market Share
Honda is at number seven, whose sales have seen a decline. Its market share in September 2024 is 1.58% and if we compare this year-on-year with September 2023, its market share in September 2023 was 2.72%.
