Sep 6, 2023
By: Prachi AhluwaliaMaruti Suzuki continues to top the list of best-selling carmakers in India, with 1,33,546 unit sales in August 2023. It now has a market share of 42.37 percent.
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Hyundai secured the second rank as the best-selling car manufacturer with 47,072 units sold in India in August 2023. The company's market share last month was 14.94% last month as compared to 15.68% in August 2022.
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Tata Motors reported sales of 39,107 units in August 2023 in the Indian market, obtaining a market share of 12.41 percent. The company sold 39,352 units in August 2022.
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Indian car manufacturer Mahindra & Mahindra secures fourth position with 30,989 unit sales in August 2023, resulting in a 9.83% market share. In August 2022, the company had a market share of 8.06%.
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Kia remained successful in obtaining the fifth spot in the list of best-selling carmakers in the country with 18,269 unit sales in August 2023. The brand now has a market share of 5.80 percent.
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Toyota Kirloskar Motor secured the sixth spot with domestic sales of 17,186 units in August 2023, obtaining a market share of 5.45 percent.
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Skoda Auto Volkswagen India managed to sell a total of 7,681 units in August 2023, securing a market share of 2.44 percent. The company sold 6,812 units in the same period last year.
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Honda Cars India reported sales 4,590 units in the Indian market in August 2023, with a market share of 1.46 percent. The Japanese car manufacturer sold 6,744 units in the corresponding period last year and had a market share of 2.28%.
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MG Motor India ranks ninth with a market share of 1.30% in August 2023 as compared to 1.16% in the same period last year. The company recorded sales of 4,104 units in August 2023.
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Renault India finishes last with 3,962 units sold in India and has a market share of 1.26%, as compared to 2.12% in the same period previous year.
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Stay tuned to TOI Auto for recent updates on the automotive industry.
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