1. Maruti Suzuki – 1,40,337 units
Maruti Suzuki remains on the top with 1,40,337 units in October 2022. The Year-on-Year sales figures improved by around 29% and MoM (Month-on-Month) sales declined by more than 5 percent.
2. Hyundai – 48,001 units
Hyundai has managed to maintain the second rank in the top 10 manufacturers list with 48,001 units sold in October 2022. The South Korean car manufacturer witnessed a Year-on-Year growth of 29.7%, while the Month-on-Month growth fell by 3.4% as compared to September 2022.
3. Tata Motors – 45,220 units
Tata Motors attained the third spot in the Indian market with 45,220 units sold last month. The Year-on-Year growth of Tata Motors is 33.3%, while the MoM sales dropped by over 5%.
4. Mahindra & Mahindra – 32,226 units
Mahindra & Mahindra witnessed the highest Year-on-Year growth of 60%. The company registered 32,226 unit sales in October 2022 as compared to 34,262 units sold in September 2022. Despite the highest YoY growth, the car manufacturer saw a MoM sales decline of around 6%.
5. Kia – 23,323 units
Kia registered a yearly sales growth of 42.8%, thanks to the Carens MPV that contributed to the high sales numbers as well as the Seltos and Sonet SUVs. The carmaker sold 23,323 units in October 2022 as opposed to 25,857 units in September 2022, resulting in a MoM decline of around 10%.
6. Toyota – 13,143 units
Toyota Kirloskar Motor witnessed a YoY growth of around 5.7% at 13,143 units in October 2022. However, the MoM sales of Toyota fell by 14.5% as the company sold 15,378 units in September 2022.
7. Honda – 9,543 units
Honda Cars India managed to secure seventh position with 9,543 unit sales in October 2022, a yearly growth of 17.7%. The Month-on-Month sales figures up by 9.5% as compared to 8,714 units in September 2022.
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8. Renault – 7,778 units
Renault is the only car manufacturer that witnessed a decline in Year-on-Year sales by 12.70%. The company sold 7,778 units in October 2022 as compared to 7,623 units sold in September 2022, an increase of 2% in MoM figures.
9. MG Motor – 4,367 units
MG Motor witnessed a yearly sales growth of 52.5% with 4,367 units sold in October 2022. The company sold 3,808 units in September 2022, witnessing a MoM sales growth of 14.7%.
10. Volkswagen – 3,510 units
Volkswagen managed to sell 3,510 units in October 2022 that translates to 14.10% yearly increase in total sales. The Month-on-Month sales figure witnessed a decline of 14.55 percent over 4,103 units in September 2022.