CAR SALES BY BRAND — MARCH 2026
India's passenger vehicle market closed FY26 on a high. Tap any brand below to see what's driving the numbers. Source: OEM wholesale dispatches, aggregated from Autopunditz, Autocar and ETAuto.
Total PV sales
4,47,702
YoY growth
+16.0%
MoM growth
+6.4%
Top-3 share
~65%
BRAND BREAKDOWN
Maruti Suzuki Units 1,66,219 YoY +10.3% Share 37.1% ↓
Maruti Suzuki
Units
1,66,219
YoY
+10.3%
Share
37.1% ↓
Share trend
Losing share
What's driving it
- •Still the clear market leader, but share slipped 1.9 pp from 39% — competitive intensity rising.
- •Strength continues across small-car and CNG portfolio (Wagon R, Alto, Brezza, Ertiga).
- •SUV portfolio refresh under way to defend share against Tata and Mahindra.
Tata Motors Units 66,192 YoY +28.2% Share 14.8% ↑
Tata Motors
Units
66,192
YoY
+28.2%
Share
14.8% ↑
Share trend
Gaining share
What's driving it
- •One of the highest growth rates among top OEMs — called the "primary growth engine" of the industry.
- •SUV demand (Punch, Nexon, Curvv) plus clear EV leadership pulling in new-age buyers.
- •Steadily closing the gap with Maruti for the #1 position.
Mahindra Units 60,272 YoY +25.4% Share 13.5% ↑
Mahindra
Units
60,272
YoY
+25.4%
Share
13.5% ↑
Share trend
Gaining share
What's driving it
- •Industry-beating growth driven by core SUV portfolio (XUV 3XO, Scorpio-N, Thar, XUV700).
- •Market share rose +1.0 pp — sustained momentum quarter after quarter.
- •Gap to Hyundai (now #4) widening in Mahindra's favour.
Hyundai Units 55,064 YoY +6.3% Share 12.3% ↓
Hyundai
Units
55,064
YoY
+6.3%
Share
12.3% ↓
Share trend
Losing share
What's driving it
- •Positive growth but losing share (-1.1 pp) in a rising market.
- •Creta saw mild YoY decline; Alcazar fell sharply. Exter and Verna led the MoM recovery.
- •Q1 FY27 will test whether sequential momentum holds or fades with seasonal slowdown.
Toyota Units 35,168 YoY +23.9% Share 7.9% ↑
Toyota
Units
35,168
YoY
+23.9%
Share
7.9% ↑
Share trend
Gaining share
What's driving it
- •Strong wholesale growth but Vahan registrations lagging — delivery/registration gap worth watching.
- •Innova Hycross / Crysta and Urban Cruiser Hyryder doing most of the heavy lifting.
- •Hybrid powertrain story continues to differentiate against the SUV competition.
Kia Units 29,112 YoY +14.1% Share 6.5% →
Kia
Units
29,112
YoY
+14.1%
Share
6.5% →
Share trend
Holding share
What's driving it
- •Steady performer with share essentially flat (-0.1 pp).
- •Sonet and Seltos remain the backbone; Carens contributing stable volumes.
- •Best-ever monthly performance for the brand in India per ETAuto.
Skoda Units 7,906 YoY +6.8% Share 1.8% →
Skoda
Units
7,906
YoY
+6.8%
Share
1.8% →
Share trend
Holding share
What's driving it
- •Modest growth led by Kushaq and the newer Kylaq.
- •Premium positioning intact but volume gap to the top 6 keeps widening.
Honda Units 7,585 YoY +5.0% Share 1.7% ↓
Honda
Units
7,585
YoY
+5.0%
Share
1.7% ↓
Share trend
Losing share
What's driving it
- •Lowest growth among major brands — share continues to erode.
- •Heavy reliance on Amaze and Elevate; neither is breaking out into volume territory.
JSW MG Motor Units 6,528 YoY +19.0% Share 1.5% ↑
JSW MG Motor
Units
6,528
YoY
+19.0%
Share
1.5% ↑
Share trend
Gaining share
What's driving it
- •JSW partnership starting to show — Hector, Astor and Windsor / Comet EV all contributing.
- •EV portfolio remains the key differentiator versus traditional ICE rivals.
Renault Units 5,046 YoY +77.0% Share 1.1% ↑
Renault
Units
5,046
YoY
+77.0%
Share
1.1% ↑
Share trend
Gaining share
What's driving it
- •Large jump off a low base — refreshed Kiger and Triber pulling demand back.
- •Share still below 1.5% but trajectory positive after several flat quarters.
Nissan Units 4,408 YoY +151% Share 1.0% ↑
Nissan
Units
4,408
YoY
+151%
Share
1.0% ↑
Share trend
Gaining share
What's driving it
- •Highest YoY growth in the market — base effect post-restructuring.
- •Magnite remains the workhorse; next product cycle will decide whether momentum sticks.
Numbers are passenger vehicle (PV) OEM wholesale dispatches for March 2026 unless otherwise noted. Vahan registrations and FADA retail figures may differ. Three-wheeler and commercial vehicle sales are tracked separately and are not included here.