Rev Up Your March 2026: Unmatched Car Sales Insights from Maruti, Tata, Mahindra, Hyundai, Kia, Toyota, Skoda, and VW
In March 2026, the Indian automotive market showcased impressive retail performance, concluding the fiscal year on a robust note. As reported by the Federation of Automobile Dealers Associations (FADA), total vehicle retail sales reached 2.69 million units, reflecting a significant year-on-year growth of 25.28% compared to March 2025. Month-on-month, sales also surged by 11.75%, indicating strong consumer demand.
Passenger vehicle retail sales totaled 440,144 units for the month, marking a 21.48% increase from 362,304 units sold in March 2025. On a month-on-month basis, the sales rose by 11.49% from the 394,769 units sold in February 2026. This growth can be largely attributed to the increasing popularity of SUVs and the growing interest in alternative fuel options like CNG and electric vehicles.
Maruti Suzuki maintained its dominance in the market, selling 172,814 units and capturing a market share of 39.26%, an increase from 134,406 units in March 2025. Tata Motors followed with 65,784 units, holding 14.95% of the market, while Mahindra reported 61,029 units sold, securing a 13.87% share. Other notable manufacturers included Hyundai with 48,791 units and Kia at 28,108 units. Toyota recorded steady growth with 27,533 units, while Skoda experienced a slight drop to 8,765 units from the previous year’s 9,504. MG Motor, however, reported a growth in sales, reaching 6,269 units. Among the smaller players, Honda sold 5,528 units, Renault reached 3,594, and Nissan recorded 2,544 units.
The luxury segment saw a contrasting landscape; BMW’s sales rose to 1,580 units, while Mercedes-Benz experienced a decline to 1,448 units from 1,644 the year before. Other luxury brands such as Force Motors and Stellantis Group saw growth, selling 1,312 and 971 units respectively. Conversely, Jaguar and BYD faced year-on-year declines with sales of 439 and 414 units respectively.
For the entire fiscal year 2025-26, passenger vehicle retail sales totaled 4.71 million units, marking a 13% increase from 4.16 million units in FY25. Petrol and ethanol vehicles constituted 47.48% of the market, with CNG/LPG at 21.98%, diesel at 18.08%, hybrids at 8.22%, and electric vehicles at 4.25%.
Maruti Suzuki again led the pack for the fiscal year, selling 1.87 million units and holding a commanding 39.71% market share. Mahindra ranked second with 631,638 units, closely followed by Tata Motors at 613,513 units. Hyundai accounted for 578,337 units while Toyota and Kia reported sales of 335,321 and 279,363 units respectively.
Other manufacturers, such as Skoda and MG Motor, reported encouraging growth, reaching 110,070 and 66,080 units, respectively. Although Honda’s sales dipped to 60,826, Renault observed slight growth to 39,060 units, while Nissan suffered a decline to 22,505 units.
In the luxury sector, Mercedes-Benz led with 18,160 units, followed by BMW at 17,301 units. Stellantis Group reported sales of 11,718, with Force Motors, Jaguar, BYD, and Vinfast also contributing positively to overall sales figures.
With the automotive landscape continually evolving, these figures highlight the resilience and adaptability of car manufacturers in an increasingly competitive market.
Original Source: https://www.rushlane.com/car-retail-sales-march-2026-fy26-maruti-tata-mahindra-hyundai-12543434.html
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Publish Date: 2026-04-06 13:40:00
