Maruti Suzuki market share dips below 40 pc in April

Car market leader Maruti Suzuki India’s share in the domestic passenger vehicle market fell below 40 per cent in April, while Mahindra & Mahindra emerged as the second largest player in the month, according to data released by FADA. Long-time number two player Hyundai Motor India Ltd (HMIL) has been pushed to fourth place with a market share of 12.47 per cent in April this year. Tata Motors maintained its third place with a market share of 12.59 per cent. In April 2025, total domestic passenger vehicle (PV) retail sales stood at 3,49,939 units compared to 3,44,594 units in April 2024, a growth of 1.55 per cent, Federation of Automotive Dealers Associations (FADA) said.

Maruti Suzuki India’s retail sales stood at 1,38,021 units in April 2025 with a market share of 39.44 per cent. In the same month last year, the company had clocked retail sales of 1,39,173 units with a market share of 40.39 per cent, as per the FADA data.

In 2024-25, the company had a market share of 40.25 per cent with retail of 16,71,559 units. In 2023-24, it registered retail sales of 16,08,041 units with a market share of 40.6 per cent.

The biggest gainer in April this year was Mahindra & Mahindra due to robust SUV sales.

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M&M’s retail sales stood at 48,405 units, with a market share of 13.83 per cent in April 2025. In the same month last year, the company sold 38,696 units and had a market share of 11.23 per cent, putting it in the fourth position in terms of market share. The company’s retail sales in 2024-25 stood at 5,12,626 units with a market share of 12.34 per cent, fourth behind Tata Motors. In 2023-24, it clocked retail of 4,27,390 units and a market share of 10.79 per cent. According to FADA, Hyundai Motor India Ltd (HMIL) clocked 43,642 units last month, with a market share of 12.47 per cent, occupying the fourth place. It had sold 49,243 units in April 2024 with a market share of 14.29 when it was the second biggest player.

In 2024-25, HMIL had posted a total retail sales of 5,59,149 units with a market share of 13.46 per cent. In 2023-24, it registered 5,62,865 units, cornering 14.21 per cent market share, the second largest behind Maruti Suzuki.

Tata Motors maintained its third position with retail sales of 44,065 units and a market share of 12.59 per cent in April 2025. In the same month last year, the company posted retail sales of 46,915 units with a market share of 13.61 per cent, placing it in the third position behind HMIL.

In the fiscal ended March 31, 2025, Tata Motors’ retail sales were 5,35,960 units with a market share of 12.9 per cent. The company had posted retail sales of 5,39,567 units in FY24 and had a market share of 13.62 per cent, as per the data.

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