Around 85,733 mass-market passenger cars were registered in India for the month of May 2021. It was a -58% decrease over April 21.
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Maruti Suzuki’s Retail Market Share was higher in May’21 (when compared to WS Market Share). This indicates Maruti’s Retails were better when compared to the dispatches/WS.
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Hyundai reported a better wholesale Market Share vis-a-vis retail Market Share.
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Tata’s Retail Market Share is visibly lower – The possibility is that the dispatches may have happened in the latter part of May’21.
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Maruti Suzuki retained rank 1, with the highest Market Share and registrations of 46.31%
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Tata Motors recorded one of the highest YoY growth and its Market Share shot from 9.16% in April’21 to 10.95% in May’21.
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Hyundai India sales too improved and were able to register a Market Share of 18.72%.
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The other sibling, Kia too grew a healthy way and recorded a Market Share increase of 0.51%
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Mahindra registered the Market Share of 6.45%
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With the help of Maruti rebadged models & updated Fortuner – Toyota registered a market share of 3.25%
Please Note:
1- The above numbers do not have figures from AP, MP, LD & TS as they are not yet on Vahan 4.
2- Vehicle Retail Data has been collated as of 08.06.21 in collaboration with the Ministry of Road Transport & Highways, Government of India, and has been gathered from 1,294 out of 1,497 RTOs.
3- Data has also been borrowed from FADA research.
