Top-Selling Car Brands in India 2024: Key Players, Industry Growth and Market Insights

 

A New Era in Indian Automotive

India's car market offers a wide variety of automobiles, ranging from sturdy SUVs and family-friendly sedans to little hatchbacks. But a select few cars routinely surpass the others, maintaining their standing as India's best-selling automobiles. India's automobile industry is highly competitive, and in terms of total automobile production, it was the fourth largest in the world in 2024.

 

The Indian car industry saw an extreme transformation in 2024 when Tata Motors overtook Maruti Suzuki as the market leader following outstanding 40-year dominance. This momentous change highlights both Tata Motors' unwavering commitment to innovation and customer satisfaction as well as the changing tastes of Indian consumers. Let us examine the top-selling auto brands in India this year, as shown by the rankings and data.

 

Here’s the table for the top 5 cars:

Car Name	Type	Units Sold (2024)
Tata Punch	SUV	2.02 Lakh
Maruti Wagon R	Hatchback	1.91 Lakh
Maruti Ertiga	MUV	1.90 Lakh
Maruti Brezza	SUV	1.88 Lakh
Hyundai Creta	SUV	1.87 Lakh

 

Top 5 Highest-Sold Car Models in India 2024:

 

1. Tata Punch (SUV)

Sales - 2.02 lakh units

The most prominent story of 2024 is the Tata Punch. This compact SUV has achieved 2.02 lakh units and set a new benchmark in its category by breaking records. The design of the Tata Punch is robust, safety features are of the latest technology, and pricing is also attractive for Indian consumers. The Tata Punch, which appeals to contemporary Indian customers with its distinctive style and strong features, has become the best-selling automobile. Additionally, in 2024, the Tata Punch overtakes the Maruti Suzuki WagonR as the best-selling vehicle in India. This is due to its affordable price, a wide range of engine options, and remarkable safety features, it sold 2,02,030 units. The vehicle has received excellent safety ratings and comes in gasoline-only, gasoline-CNG, and pure EV versions.

 

2. Maruti Wagon R (Hatchback)

Sales - 1.91 lac units

In 2024, sales of the Maruti Wagon R increased significantly to 1.91 lakh units. This rise can be attributed to a number of factors, including its affordability, which makes it a desirable choice for buyers on a tight budget, its compact design, which makes it easy to park and drive in urban areas, its good fuel efficiency, which is important to many Indian buyers, Maruti Suzuki's reputation for building dependable and long-lasting cars, and the Wagon R's array of features that meet contemporary demands, like a touchscreen infotainment system, digital instrument cluster, and advanced safety features. Additionally, the Wagon R is a popular option for consumers on a tight budget because of its stellar mpg. Maruti Suzuki addressed the growing cost of fuel by improving the fuel efficiency of both gasoline and CNG models in 2024. Because it had lower operating costs, the CNG version in particular became a big selling feature, drawing in eco-aware consumers and those trying to save fuel expenditures.

 

3. Maruti Ertiga (MUV)

Sales - 1.90 Lakh Units

The Maruti Ertiga was the best family vehicle, selling an astounding 1.90 lakh units in 2024. It dominated the MUV market by skillfully fusing comfort, size, and affordability. Additionally, one notable option that is both economical and useful for both families and businesses is the Maruti Suzuki Ertiga. Comfort for group travel is guaranteed by its roomy seven-seater arrangement, and low operating costs are maintained by the fuel-efficient CNG and gasoline engines, which are complemented by a mild hybrid system. An eco-friendly CNG version, enhanced cabin materials, and cutting-edge technology with Apple CarPlay and Android Auto give the 2024 model a premium feel. The Ertiga continues to satisfy the demands of budget-conscious consumers by providing excellent value for money, which makes it a favorite in its segment.

 

4. Maruti Brezza (SUV)

Sales - 1.88 lakh units

Maruti Brezza has maintained its appeal and sold a significant 1.88 lakh units in 2024. Its strong features make it a number one choice for SUV. With a bold design, good performance, and a great mileage, it continues to be a sought-after choice among urban families and adventure seekers alike. The Maruti Suzuki Brezza's unrivaled combination of dependability, affordability, and clever updates has led to a spike in sales in 2024. While the updated interiors and cutting-edge technology improve comfort and convenience, the introduction of a hybrid engine option appeals to environmentally conscious consumers looking for improved fuel efficiency. It is becoming more and more popular because of its strong road presence and Maruti's reputable after-sales service, which make it a reliable and sensible option for Indian families.

 

5. Hyundai Creta (SUV)

Sales - 1.87 lakh units

The midsize SUV reaffirmed its dominant position in the SUV market in 2024 by achieving its highest-ever annual domestic sales number of 1,86,919 units. This accomplishment helped Hyundai earn its largest SUV share of domestic sales to date, which was 67.6% last year. Additionally, The Hyundai Creta is still the market leader for small SUVs. Urban families and young professionals are drawn to it because of its high-end features, cutting-edge safety features, and fashionable style. A popular option for SUV aficionados, Hyundai has continuously upgraded the Creta with cutting-edge technology, such as connected car features, a panoramic sunroof, and strong performance.

 

List of Key Companies in the Car Industry

• Maruti Suzuki
• Hyundai Motor India
• Tata Motors
• Mahindra & Mahindra
• Kia India
• Toyota Kirloskar Motor
• Skoda Auto Volkswagen India
• Honda Cars India
• MG Motor Indi
• Renault India
• Others

 

Conclusion

In 2024, there were major changes in the Indian auto industry, with the Hyundai Creta, Ertiga, Brezza, Tata Punch, and Maruti Wagon R topping the sales charts and Tata Motors overtaking Maruti Suzuki as the market leader. A combination of price, innovation, and changing customer tastes is responsible for its success. These best-selling vehicles, which ranged from small hatchbacks to SUVs and MUVs, met a variety of demands, including those for eco-friendly alternatives, modern technology, safety, and fuel economy. In India's ever-changing automotive industry, brands that maintain their focus on value, performance, and customer-centric updates will be well-positioned to spearhead the next wave of expansion as the competition heats up.

 

About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements. 

 

CONTACT US:

For More Information on Your Target Market, Please Contact Us Below:    

Phone: +1 303 800 4326 (the U.S.)

Phone: +91 90289 24100 (APAC)

Email: inquiry@sphericalinsights.com, sales@sphericalinsights.com

Contact Us: https://www.sphericalinsights.com/contact-us

Follow Us: LinkedIn | Facebook | Twitter