India 2022. Auto Market Reaches New All-Time High

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Tata Nexon EV
Tata Nexon EV

Indian autos market in 2022 totals 3.82 million new car registrations (+23.1%), a new all-time high. December hits the 10th consecutive growth of the year, with 280,630 sales (+9.0%).

Market Trend and Outlook

The Indian auto market totals 3.81 million new car registrations, a 23.1% increase from the prior year and a new all-time high. December hits the 10th consecutive growth of the year, with 280,630 sales (+9.0%)

Looking at cumulative data from 2022, brand-wise the top 6 remain unchanged compared to 2021: in order we have Maruti with 1.58 million sales (+15.5%), Hyundai with 552,511 (+9.4%), Tata with 526,821 (+59.1%), Mahindra with 332,949 (+65.3%), Kia with 254,556 (+40.2%) and Toyota with 159,801 sales (+22.2%).

Honda with 95,022 sales (+6.6%) rises into 7th place overtaking Renault at 87,118 sales (-9.1%). In 9th place ranks Skoda with 53,763 sales (+125.4%) registering the best performance in the Top 10, followed by MG at 48,063 sales (+19.2%) in 10th position.

Tables with sales figures

In the tables below we report sales for top 10 Brands, top 10 Manufacturer Groups and top 10 Models.

 

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