The global chip scarcity crisis has been wreaking havoc on the Indian auto sector for some time. While it has recovered from the COVID-19 lockdown and the ongoing economic recession, the chip crisis has severely affected output, which has led to a decrease in the number of cars made and sold around the country. Along with luxury brands like Mercedes-Benz, Audi, BMW, and others, the 14 existing carmakers in the Indian market contributed to about three lakh units in April, a slight increase of approximately 2% from the same month last year. Let’s look at the top 10 car company brands in India and some more information about them.
Top 10 Car Company Brands In India
Maruti Suzuki sold 1,21,995 automobiles in April 2022, a 10.22% year-over-year reduction in sales. In addition, the Indo-Japanese brand saw an 8.86% decrease in sales month over month. The corporation intends to release a large selection of new SUVs on the Indian market. In 2022–2023, MSIL will introduce the new Brezza, a new mid-sized SUV, a new Jimny, and an entirely new YTB Crossover SUV. Even after the global epidemic and loss in business, Maruti Suzuki has remained one of the top car company brands in India.
The Korean automaker’s ongoing sales fall is proof that there is a lack of semiconductor chips and other parts. In April 2022, the firm reports a 10% drop in sales. In April 2022, Hyundai sold 44,001 vehicles compared to 49,002 vehicles in the same month the previous year. In March 2022, the business sold 44,600 automobiles, a slight month-over-month sales drop. The business will introduce the upgraded Kone EV, redesigned Creta facelift, Ioniq 5 pure EV, and the new Tucson SUV. With the new upcoming releases, Hyundai stays one of the best car company brands in India.
Tata Motors is one of the best car company brands in India & hence it has experienced a staggering year-over-year sales gain of 66% in the passenger vehicle market. In April 2022, the domestic carmaker sold 41,587 passenger automobiles as opposed to 25,095 in the corresponding month in the previous year. The company’s MoM sales did, however, slightly fall by 1.67%. On May 11, the business introduced the new Nexon EV with a long range. Additionally, over the following six months, Tata Motors will refresh every model in its lineup.
Mahindra claimed a 23% increase in revenues from the previous year. In April 2022, the company sold 22,536 units, compared to 18,186 vehicles in the same month the previous year. Sales for the brand decreased by 18.39% month over month. The Mahindra Group’s flagship company is Mahindra & Mahindra Ltd., a provider of farm and mobility equipment. Since putting the first car together in 1947, the business has expanded quickly. Mahindra has a broad selection of goods and services, including SUVs, pickup trucks, electric cars, commercial vehicles, two-wheelers, tractors, and construction machinery.
In April 2022, the Korean carmaker claimed an 18% increase in sales. In contrast to the 16,111 units sold in the same month previous year, the company sold 19,019 units last month. The Seltos and the Carens were sold by the manufacturer in 7,506 and 5,754 units, respectively. Additionally, Kia sold 5,404 Sonet vehicles in April 2022. In recent years Kia has made a name in the Indian market and is one of the top car company brands in India.
Toyota also recorded a remarkable 57% increase in sales for the month of April 2022. In comparison to 9,600 cars sold in the same month previous year, the business sold 15,085 cars in April 2022. Toyota’s MoM sales, meanwhile, fell by 11.94%. In March 2022, the company delivered 17,131 vehicles.
In April 2022, Honda sold 7,874 vehicles compared to 9,072 in the same month the previous year. Sales were down 13.21% year over year, according to the business. The brand, however, saw a 19.5% increase in MoM sales. Honda Brio, Honda Amaze, Honda Jazz, Honda WR-V, Honda City, Honda Civic, Honda BR-V, and Honda CR-V are among the companies with India-made product offerings. As a Completely Built Unit (CBU) imported from Thailand, the Accord Hybrid is for sale. It is one of India’s Best Automobile Companies.
Aside from their well-known traits of durability, reliability, and fuel efficiency, Honda cars are firmly linked with cutting-edge design and technology. With 374 sites distributed throughout 264 cities, the organisation has a robust sales and distribution network.
With the Slavia, its most recent model, Skoda has attempted to revitalise the sedan market. Compared to the opposition, they experienced the most notable YoY growth. Their sales report showed a rise of 720.6% YoY. Last month, they were able to sell 6,023, which is a considerable increase over the 734 units in June of the previous year.
Ford has integrated manufacturing facilities in Chennai, Tamil Nadu, and Sanand, Gujarat, making for India and the rest of the world and today it is one of the best car company brands in India. Since 1995, when the corporation first entered India. The Ford EcoSport and Ford Endeavour are among the numerous award-winning products that Ford India currently manufactures at its integrated manufacturing complex at Maraimalai Nagar, close to Chennai. Ford Figo, New Ford Aspire, and Ford Freestyle are produced at a top-tier factory in Sanand. Ford continues to get closer to its consumers by introducing new products, expanding its nationwide dealership network, and providing first-rate after-sales services. Ford had 541 sales and service touchpoints as of April 2019 in 292 Indian cities.
The French automaker Renault S.A.’s wholly-owned subsidiary Renault India Pvt Ltd now provides five models in India becoming one of the finest car company brands in India: the compact MPVs Lodgy and Triber, the SUV Duster, the Kwid economy vehicle, and the newest crossover Captur. The Duster is additionally exported by Renault India to an increasing number of right-hand drive regions. In Chennai’s Oragadam, a manufacturing facility with a capacity of 480,000 units per year and three shifts per day produces Renault vehicles. The business is ranked number eight among the top 10 automakers in India.