Kia Motors debuted in India just 2 months back in August with its first offering; the Kia Seltos. The Seltos SUV was a runaway hit garnering over 50,000 bookings within months of its launch and selling over 7,000 units of the car just in September.
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Similarly, another new entrant in India; MG Motors has sold 3,536 units of the Hector SUV, registering 1.24% market share which is higher than the likes of Volkswagen, Nissan and Skoda in India.
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Kia Motors Is India’s Top 5 Car Maker
- Kia Motors has entered the list of India’s top 5 carmakers in terms of market share in October surpassing Honda, Renault, Ford and Toyota.
- The top 5 list is dominated by Maruti Suzuki with a market share of 48.87, Hyundai follows with a decent share of 17.58, the third position is secured by Mahindra with 6.49, Tata Motors is on the fourth position with 4.64. Finally, Kia Motors stands 5th with 4.52.
- Kia Motors has only the Seltos SUV on offers with no other car available for sale in India. Kia Motors achieved a market share of 4.52% by selling 12,850 units of the Seltos in October.
- Independent analysts predict that Kia will continue to perform well give it has already registered 60,000 bookings and has dispatched 26,640 units or just 44% of the total car orders received.
Rank | Car Manufacturer | Sales (October 2019) | Market Share (October 2019) |
1. | Maruti Suzuki | 139,000 | 48.87% |
2. | Hyundai Motors India | 50,000 | 17.58% |
3. | Mahindra & Mahindra | 18,460 | 6.49% |
4. | Tata Motors | 13,200 | 4.64% |
5. | Kia Motors | 12,850 | 4.52% |
6. | Toyota Kirloskar Motors | 11,866 | 4.17% |
7. | Renault India | 11,500 | 4.04% |
8. | Honda Cars India | 10,010 | 3.52% |
9. | Ford India | 7,077 | 2.49% |
10. | MG Motors India | 3,536 | 1.24% |
11. | Volkswagen | 3,213 | 1.13% |
12. | Nissan India | 1,581 | 0.56% |
13. | Skoda | 1,300 | 0.46% |
14. | Fiat | 854 | 0.30% |
Total Sales | 284,447 | 100% |
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