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Top 10 Highest Selling Car Brands Of February 2023

February was a good month for the Indian car market, with most carmakers reporting decent year-over-year (YoY) sales growth. Let’s check out how the top 10 car brands performed in February 2023: –

CarmakerFebruary 2023February 2022January 2023MoM Growth (%)YoY Growth (%)
Maruti Suzuki1,47,4671,33,9481,47,348+0.1%+10.1%
Top 10 car brands of February 2023

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  • As usual, the Maruti Suzuki was the only carmaker to register total car sales of over a lakh units in February 2022. It registered approximately 10 per cent of YoY growth when compared to February 2022.
  • Despite a slight decline in the MoM figures, Korean automaker Hyundai managed to cling to its second place in the sales chart, outperforming Tata Motors by about 4,000 units.
2023 Tata Cars Price list

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  • Compared to January 2023, Tata saw an decline in their MoM figure by 10 per cent last month. However, its YoY figure increased by almost seven per cent.
  • Reporting a decline in monthly sales, Mahindra stood at 4th position on the list.
  • Kia stood fifth on the list, witnessing a drop of 14 per cent in its MoM figure.
  • The next five positions in the list were taken by Toyota, Renault, Honda, MG and Skoda respectively. Among all, Renault registered the highest MoM growth.