According to FADA, retail sales of passenger vehicles reached a record high of 3.6 million vehicles in FY23, growing 23% YoY. Here are the top 10 automakers as per their market share in India. 

Vehicles sold in FY23: 14,79,221 Market share in FY23: 40.86% Vehicles sold in FY22: 12,39,688 Market share in FY22: 42.13%

MARUTI SUZUKI INDIA

Vehicles sold in FY23: 5,25,088 Market share in FY23: 14.51% Vehicles sold in FY22: 4,79,027 Market share in FY22: 16.28%

HYUNDAI MOTOR INDIA 

Vehicles sold in FY23: 4,84,843 Market share in FY23: 13.39% Vehicles sold in FY22: 3,31,637 Market share in FY22: 11.27%

TATA MOTORS 

Vehicles sold in FY23: 3,23,691 Market share in FY23: 8.94% Vehicles sold in FY22: 1,99,125 Market share in FY22: 6.77%

MAHINDRA & MAHINDRA

Vehicles sold in FY23: 2,32,570 Market share in FY23: 6.42% Vehicles sold in FY22: 1,56,021 Market share in FY22: 5.30%

KIA MOTORS INDIA

Vehicles sold in FY23: 1,57,893 Market share in FY23: 4.36% Vehicles sold in FY22: 1,15,001 Market share in FY22: 3.91%

TOYOTA KIRLOSKAR MOTOR

Vehicles sold in FY23: 88,001 Market share in FY23: 2.43% Vehicles sold in FY22: 52,110 Market share in FY22: 1.77%

SKODA AUTO VOLKSWAGEN GROUP

Vehicles sold in FY23: 82,949 Market share in FY23: 2.29% Vehicles sold in FY22: 83,559 Market share in FY22: 2.84%

HONDA CARS INDIA

Vehicles sold in FY23: 75,390 Market share in FY23: 2.08% Vehicles sold in FY22: 87,965 Market share in FY22: 2.99%

RENAULT INDIA

Vehicles sold in FY23: 41,094 Market share in FY23: 1.14% Vehicles sold in FY22: 35,449 Market share in FY22: 1.20%

MG MOTOR INDIA

Click here for more web stories on CNBC-TV18.com