Indian Mass-market Passenger Vehicle Brand Analysis - H1 2025
- Team Autopunditz
- Jul 11
- 1 min read
Highlights:
Mahindra became the second-largest carmaker in India
Mahindra (+2.2%) gained significant market share by posting 20% growth
Toyota, Kia, Skoda, & MG gained market share due to new product launches in 2024 & 2025
Besides them, every other player has lost market share
The top six brands control 93% of the Indian passenger vehicle market
Manufacturer Analysis
Mahindra became the second-largest carmaker in India
Mahindra (+2.2%) gained significant market share by posting 20% growth
Products launched in  2024 & 2025 were major growth drivers - Thar Roxx, XUV 3XO facelift, XEV 9e & BE 6
Toyota, Kia, Skoda, & MG gained market share due to new product launches in 2024 & 2025
54% of Toyota’s sales came from Maruti’s cross-badged products, which were a 31% growth
Maruti, Hyundai, and Tata have lost considerable market share among the top players
Honda, Renault, Skoda, Citroen, and Jeep have suffered massive de-growth in 2025
The Indian market remains highly consolidated, with the top 6 players commanding 93% market share
Renault announced its plans to acquire Nissan’s 51% stake in the Indian manufacturing plant (RNAIPL)