Maruti Suzuki posted a total of 13,31,558 units on FY22, an increase of 2.91 percent YoY volume over 12,93,840 units.
In FY 2021-22, Maruti Suzuki continued to be the best-selling passenger car maker as 13,31,558 units were sold as against 12,93,840 units in the previous fiscal year, an increase of 2.91 percent. However, its market share fell to 43.65 percent. With more new launches planned for this financial year, Maruti Suzuki is expected to get back on track as before.
Hyundai Motor India is in second place with 4,81,500 units sold in FY22, compared to 4,71,535 units sold in FY21 over the same period, an increase of 2.11% YoY volume. Tata Motors has consistently surpassed the average monthly sales of the industry and as a result, it was one of the highest growth in the last financial year.
Domestic manufacturers registered a growing internal number of 3,70,372 units in the last fiscal year, with YoY sales growth of 65.26 per cent over 2,24,109 units in the twelve months of the previous fiscal year. Tata’s latest product, the Punch micro SUV, has been well-received by consumers.
|Car brand (YoY)||FY2021-22 Sale||FY2020-21 Sale|
|1. Maruti Suzuki (2.91%)||13,31,556||12,93,840|
|2. Hyundai (2.11%)||4,61,500||4,61,535|
|3. Tata (65.26%)||3,70,372||2,24,109|
|4. Mahindra (43.54%)||2,25,678||1,57,215|
|5. Kia (19.97%)||1,86,787||1,55,6|
|6. Toyota (32.89%)||1,23,760||93,124|
|7. Renault (-5.19%)||6,475||92,268|
|8. Honda (4.30%)||85,609||62,084|
|9. Skoda and VW (107.51%)||65,904||31,759|
|10. MG Motor (13.40%)||40,369||35,597|
|11. Nissan (99.52%)||37,678||18,884|
|12. Other (-74.87%)||13,912||55,366|
Mahindra & Mahindra was fourth with 2,25,678 units in FY22 and 1,57,215 units in FY21, an increase of 43.54 percent year on year. The arrival of the second generation Thar in the late 2020s and the brand new XUV700 in the second half of 2021 has increased the sales of SUV makers in the last fiscal year.
Kia India was the fifth largest car manufacturer in the country between April 2021 and March 2022 as it recorded 1,86,787 units as against 1,55,686 units in the same period last fiscal year with YoY positive volume growth of around 20 per cent. Toyota Kirloskar Motor ranks sixth with 1,23,760 units as against 93,124 units.
This led to an annual sales growth of 32.89 percent. Along with Innova Christa and Fortuner, Urban Cruiser and Glanza, which rebounded on Japanese auto major recordings, have played significant roles. Renault India is in the seventh position with 87,475 units with a YoY fall of 5.19 per cent as against 92,268 units in the last financial year.
Honda Cars India ranked eighth with only 85,609 units sold, with 82,074 units sold, up 4.3 percent. Skoda and Volkswagen recorded 65,904 units against 31,759 units, an increase of 107.51 percent, courtesy of Kushak and Taigun. MG Motor, Nissan and other brands have covered the rest of the space.