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Maruti Suzuki Reclaims 40 Percent Market Share in H1 FY27
M
Moneycontrol•16-10-2026, 14:30
Maruti Suzuki Reclaims 40 Percent Market Share in H1 FY27
- •Maruti Suzuki India reclaimed a market share of over 40% in the first half of FY27, driven by higher production, strong small-car demand, and SUV segment gains.
- •Tata Motors overtook Mahindra & Mahindra to become the second-largest passenger vehicle manufacturer with a 14.82% market share.
- •Hyundai Motor India suffered the sharpest market-share decline among major automakers, with its share dropping to 11.57%.
- •Domestic passenger vehicle wholesales rose 28.3% to 2,637,067 units during the April-September 2026 period compared to the previous year.
- •Japanese manufacturers increased their combined market share to 49.45%, while Korean and European automakers saw their shares decline.
Key Questions Answered
Maruti Suzuki reclaimed a market share of over 40% (specifically 40.96%) in domestic passenger vehicle wholesales during the first half of FY27, which is an increase from 38.71% in the same period last year.
Tata Motors overtook Mahindra & Mahindra to emerge as the second-largest passenger vehicle manufacturer, increasing its market share to 14.82% from 13.32% a year earlier.
Hyundai Motor India recorded the sharpest market-share decline among major manufacturers, with its share falling to 11.57% from 13.22% during the period.
