Hyundai Regains 2nd Spot, Tata came 3rd, Skoda Gains Big in June'22: Sales Report June'22

Maruti Suzuki is in a declining state with a drop in market share every month, meanwhile, companies like Hyundai and Tata are eating Maruti's lunch. Skoda gains big in previous months' sales numbers.

Maruti Suzuki, a company that has been on top for decades in India due to its long history and budget cars, is not in a good situation at all, despite the fact that it tops the charts. If you carefully examine all the graphs showing YoY and MoM growth as well as market shares, you may notice that every position Maruti Suzuki is occupying is highlighted in red. Red is typically considered to be bad. Maruti Suzuki is currently like the huge blind in a high-stakes poker game that is losing chips.

Car Sales June 2022

Maruti Suzuki, while being a formidable competitor, has nonetheless topped every single table in June 2022 with a 38.24 percent market share. Even with 1,22,685 units sold in June 2022, it experienced a 1.28 percent YoY and 1.44 percent MoM decline. Additionally, it lost 4.05 percent monthly and 10.37 YoY in market share in June 2022.

Hyundai, with a 15.27 percent market share, holds the second position after losing it to Tata a month ago. In June 2022, Hyundai saw YoY and MoM growth of 21% and 15%, respectively. Its market share decreased by 0.57 percent year over year, but it fought its way back like a scared cat to see a growth of 0.90 percent month over month.

Tata moved up to second place with a strong showing in May. But that spot was taken back by Hyundai in June. Now, it occupies third place with positive YoY and MoM growth. In June 2022, Tata had a 14.09 percent market share, up 4.66 percent from June 2021 but down 0.64 percent from May 2022.

| No. | OEM Wholesales | June'22 | June'21 | Difference | Growth % YoY | % Share June'22 ||---------|--------------------|-------------|-------------|----------------|------------------|---------------------|| 1. | Maruti | 1,22,685 | 1,24,280 | -1,595 | -1.28 | 38.24 || 2. | Hyundai | 49,001 | 40,496 | 8,505 | 21.00 | 15.27 || 3. | Tata | 45,197 | 24,110 | 21,087 | 87.46 | 14.09 || 4. | Mahindra | 26,880 | 16,913 | 9,967 | 58.93 | 8.38 || 5. | Kia | 24,024 | 15,015 | 9,009 | 60.00 | 7.49 || 6. | Toyota | 16,512 | 8,798 | 7,714 | 87.68 | 5.15 || 7. | Renault | 9,317 | 6,100 | 3,217 | 52.74 | 2.90 || 8. | Honda | 7,834 | 4,767 | 3,067 | 64.34 | 2.44 || 9. | Skoda | 6,023 | 734 | 5,289 | 720.57 | 1.88 || 10. | MG | 4,503 | 3,558 | 945 | 26.56 | 1.40 || 11. | Nissan | 3,515 | 3,503 | 12 | 0.34 | 1.10 || 12. | VW | 3,315 | 1,633 | 1,682 | 103.00 | 1.03 || 13. | Jeep | 1,963 | 789 | 1,174 | 148.80 | 0.61 || 14. | Citroen | 77 | 41 | 36 | 87.80 | 0.02 || 15. | Ford | 0 | 4,936 | -4,936 | -100.00 | 0.00 || | Total | 3,20,846 | 2,55,673 | 65,173 | 25.49 | 100.00 |

Mahindra follows with a market share of 8.38 percent in June 2022, a decrease of 0.76 percent from May 2022 but an increase of 1.76 percent from June 2021. In June 2022, Mahindra reports a solid YoY rise of 58.93 percent but an MoM decline of 0.09 percent.

| No. | OEM Wholesales | June'22 | June'21 | Difference | Growth % MoM | % Share May'22 ||---------|--------------------|-------------|-------------|----------------|------------------|--------------------|| 1. | Maruti | 1,22,685 | 1,24,474 | -1,789 | -1.44 | 42.29 || 2. | Hyundai | 49,001 | 42,293 | 6,708 | 15.86 | 14.37 || 3. | Tata | 45,197 | 43,341 | 1,856 | 4.28 | 14.72 || 4. | Mahindra | 26,880 | 26,904 | -24 | -0.09 | 9.14 || 5. | Kia | 24,024 | 18,718 | 5,306 | 28.35 | 6.36 || 6. | Toyota | 16,512 | 10,216 | 6,296 | 61.63 | 3.47 || 7. | Renault | 9,317 | 5,010 | 4,307 | 85.97 | 1.70 || 8. | Honda | 7,834 | 8,188 | -354 | -4.32 | 2.78 || 9. | Skoda | 6,023 | 4,604 | 1,419 | 30.82 | 1.56 || 10. | MG | 4,503 | 4,008 | 495 | 12.35 | 1.36 || 11. | Nissan | 3,515 | 2,131 | -188 | -5.37 | 0.72 || 12. | VW | 3,315 | 3,503 | -188 | -5.37 | 1.19 || 13. | Jeep | 1,963 | 928 | 1,035 | 111.53 | 0.32 || 14. | Citroen | 77 | 24 | 53 | 220.83 | 0.01 || 15. | Ford | 0 | 0 | 0 | - | 0.00 || | Total | 3,20,846 | 2,94,342 | 26,504 | 9.00 | 100.00 |

Sales Figures & Market Share

| No. | OEM Market Share | June'22 | June'21 | Difference YoY ||---------|----------------------|-------------|-------------|--------------------|| 1. | Maruti | 38.24 | 48.61 | -10.37 || 2. | Hyundai | 15.27 | 15.84 | -0.57 || 3. | Tata | 14.09 | 9.43 | 4.66 || 4. | Mahindra | 8.38 | 6.62 | 1.76 || 5. | Kia | 7.49 | 5.87 | 1.61 || 6. | Toyota | 5.15 | 3.44 | 1.71 || 7. | Renault | 2.90 | 2.39 | 0.52 || 8. | Honda | 2.44 | 1.86 | 0.58 || 9. | Skoda | 1.88 | 0.29 | 1.59 || 10. | MG | 1.40 | 1.39 | 0.01 || 11. | Nissan | 1.10 | .37 | -0.27 || 12. | VW | 1.03 | 0.64 | 0.39 || 13. | Jeep | 0.61 | 0.31 | 0.30 || 14. | Citroen | 0.02 | 0.02 | 0.01 || 15. | Ford | 0.00 | 1.93 | -1.93 || | Total | 100.00 | 100.00 | 0.00 |

Every manufacturer on the list below the top 4 has experienced positive year-over-year growth between June 2022 and June 2021. Ford, however, pulled out of the Indian market. Skoda’s growth of an astonishing 720.57 percent in June 2022 over June 2021 due to Slavia is the most impressive number in this table. The Meridian SUV is responsible for Jeep's 148 percent YoY growth in June 2022, which is the second-most astounding figure.

Except for Honda and Volkswagen, all companies have experienced positive MoM growth. Jeep stands out among the rest with a growth rate of MoM of 111.53 percent, and Citroen surprises with a growth rate of MoM of 220.83 percent in June 2022 over May 2022. In June 2022, we have a total growth rate of 25.49 percent YoY and 9 percent MoM. It is an impressive number for the Indian automobile sector.

In terms of market share, Kia, Skoda, and Toyota have all had strong YoY and MoM growth. When it comes to the Indian automobile market, we are witnessing a steady increase in June 2022 when compared to June 2021, as well as good growth when looking at monthly numbers.