Maruti Suzuki had the leading share in the passenger car market across India in the year 2022 with more than 46 percent. The top four players held approximately 80 percent of the market share. This was predominantly due to brand loyalty and new launches.
Kia Motors India
Beating these odds was Kia Motors which entered the Indian market in the second half of 2019. With
special utility vehicles (SUV), the company saw considerable increase in sales. Within a
short span, the company outperformed its well-established foreign competitors, including
German based Volkswagen, Toyota, and Honda.
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Auto Punditz. (January 11, 2024). Passenger car market share across India in 2023, by vendor [Graph]. In Statista. Retrieved November 25, 2024, from https://www.statista.com/statistics/316850/indian-passenger-car-market-share/
Auto Punditz. "Passenger car market share across India in 2023, by vendor." Chart. January 11, 2024. Statista. Accessed November 25, 2024. https://www.statista.com/statistics/316850/indian-passenger-car-market-share/
Auto Punditz. (2024). Passenger car market share across India in 2023, by vendor. Statista. Statista Inc.. Accessed: November 25, 2024. https://www.statista.com/statistics/316850/indian-passenger-car-market-share/
Auto Punditz. "Passenger Car Market Share across India in 2023, by Vendor." Statista, Statista Inc., 11 Jan 2024, https://www.statista.com/statistics/316850/indian-passenger-car-market-share/
Auto Punditz, Passenger car market share across India in 2023, by vendor Statista, https://www.statista.com/statistics/316850/indian-passenger-car-market-share/ (last visited November 25, 2024)
Passenger car market share across India in 2023, by vendor [Graph], Auto Punditz, January 11, 2024. [Online]. Available: https://www.statista.com/statistics/316850/indian-passenger-car-market-share/