The local car market is one of the fastest-growing markets in the world. The cumulative passenger car sales stood over 3 million units in the year 2020. The SUV segment has shown tremendous growth in the Indian car market in recent years. Carmakers also focus on introducing new sedans, hatchback, and MPV models to meet the requirements of fancy car buyers. Here is a list of 5 best-selling cars that have been successful in the car market.
Top 5 Cars in India:
1. Maruti Suzuki
Maruti Suzuki India Ltd. has been one of the most popular cars in the country with a total of 50% market share. It entered the market with Maruti 800 and later launched new models such as Omni and Gypsy. At present times it offers a wide range of models that range from Alto to S-cross. Currently, Maruti Suzuki has more than 1500 facilities situated across the country. Apart from regular dealerships, responsible for the retail of models like Alto and Celerio, the company also offers premium Nexa outlets for the sale of models like Baleno and S-Cross. The company is also preparing to launch a slew of CNG Models in the lower segment, and BSVI-compliant diesel models in the higher segment.
2. Hyundai
Hyundai is a Korean carmaker giant. It started with the launch of Santro in the late 90s. In the present times, the carmaker has a wide line of cars that range from second-gen Santro to the Elantra and the third-gen Tucson. Hyundai is the second most popular car brand in India with a market share of about 18%. The company is looking forward to launching BSVI-compliant versions of its petrol and diesel engines. It is also planning to release more electric vehicles.
3. Toyota
The next car on the list is Toyota Kirloskar Motor. It is the Indian subsidiary of the Japanese car giant. It made its Indian presence in the late 90s and initiated the launch of Qualis. Currently, Toyota has gained popularity with models like Innova Crysta and Fortuner. It has also targeted a selected group of buyers with models like Etios Liva and Etios. In the future company will consolidate its partnership with Maruti Suzuki India Ltd and will launch joint models like Glanza & Urban Cruiser
4. Mahindra
Mahindra has shown an excellent performance in SUV and MPV sectors. Bolero, Scorpio, and XUV500 have been well appreciated by Indian buyers. The models are easy maintenance and suit the roads of India. The service network of the company is widespread. The company is planning to launch a slew of new models. This includes new-generation models of XUV500, Bolero, and Scorpio. Apart from this, Mahindra will also introduce an electric version of XUV300 to enter the EV trend.
5. Tata Motors
Tata Motors is a homegrown manufacturer that has performed well in SUV Segments. In the last decade, Tata Motors has managed to enter the market with its highly competitive small car segment with Tiago. Harrier has received appreciation in the market and helped the company to hold its place in the small car segment. Models like Nexon also set the bar for small cars.