The month of June was quite busy for the Indian automotive sector. While most manufacturers were able to increase their sales year over year, several of them have seen a decline in their month-over-month sales. Things do become pretty fascinating, though, when we analyse the Top 10 automakers by June 2023 sales. Toyota Kirloskar Motor has risen the ladder in addition to Maruti Suzuki and Hyundai India, who have maintained the top two spots. Furthermore, June is probably going to have the lowest number of auto sales in the first half of this year, according to data from all 16 companies. Since sales are often sluggish in the months of July and August due to the monsoon season, growth is anticipated to stay in the single digits until the start of the festive period in September or October. For now, let's take a look at the top 5 car brands for June 2023.
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Maruti Suzuki
With an astounding 42.84 per cent market share in June 2023, Maruti Suzuki maintained its dominance over the Indian auto industry. In June 2023, the company sold 1,33,027 units, an 8 per cent increase over June 2022. The Baleno (18,733 parts), the Swift (17,346 units), the WagonR (16,258 units), the Brezza (13,398 units), and the Eeco (12,818 units) were the company's top-selling models. Last month, Maruti Suzuki also introduced the redesigned Celerio, which was well-received by buyers.
Hyundai
With a 14.90 per cent market share in June 2023, Hyundai Motor India kept its second-place ranking in the Indian automobile industry. In June 2023, the firm sold 50,001 units, registering a slight increase of 5 per cent from June 2022. The Creta (14,449 units), the Venue (9,000 units), the i20 (8,000 units), the Grand i10 Nios (6,000 units), and the Aura (4,000 units) were the top-selling models for the firm. In June 2023, Hyundai also unveiled the new Alcazar SUV, a Creta-based three-row model.
Tata Motors
Tata Motors was the third largest automobile manufacturer in India in June, with a 13.67 per cent market share. In June 2023, the business sold 47,240 units, a 4.4 per cent increase over the previous month. The Nexon (14,423 units), the Altroz (12,000 units), the Harrier (8,000 units), the Safari (6,000 units), and the Tiago (5,000 units) were the best-selling models for the firm. In June 2023, Tata Motors also introduced the new Punch SUV, which is based on the HBX concept and goes up against vehicles like the Maruti Suzuki Ignis and the Hyundai Santro.
Mahindra & Mahindra
With a 9.80 per cent market share in June 2023, Mahindra & Mahindra had an impressive rebound in the auto industry. The firm increased sales by 19 per cent to 32,585 units in June 2023 from June 2022. The company's top-selling models were the Thar (10,000 units), the XUV700 (8,000 units), the Scorpio N (6,000 units), the Bolero (5,000 units), and the XUV300 (4,000 units). In June 2023,
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Toyota
In June 2023, Toyota Kirloskar Motor held the fifth-place spot in the Indian auto industry with a 5.84 per cent market share. When compared to June 2022, the firm sold 18,237 units, a 9 per cent increase. The Fortuner (3,000 units), the Glanza (2,500 units), the Innova Crysta (8,000 units), and the Yaris (1,500 units) were the top-selling vehicles for the carmaker.
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