In 2023, the top three car companies in India based on car sales are
1. Maruti Suzuki
– Total Units Sold: 20 lakh
– Exports: 2.69 lakh units
– Rural Market Sales: 7.76 lakh units
– Monthly Average Sales: Over 1.5 lakh cars
2. Hyundai Motor India
– Total Units Sold: 7,65,786
– Domestic Sales: 6,02,111 units
– Export Sales: Remaining units
– Annual Sales Growth: 9%
3. Tata Motors
– Total Units Sold: 5.53 lakh
– Achieved the highest sales figure in 2023
– Strong performance in compact SUV and hatchback segments
These figures indicate that Maruti Suzuki continues to lead the market, followed by Hyundai and Tata Motors in a close competition for the second position. Tata Motors achieved its highest-ever sales in 2023, with a significant contribution from the performance of compact SUVs and hatchbacks.