Top 10 Car Brands in India
Car is our luxurious need, which some people have made their basic need. Be it luxurious or basic, while buying we always look and try to opt for the best. At times, it gets hard to choose between the many available options. Thus to help you to figure out the best option for you, we have provided you with a list of the top 10 cars that are proven to be a good fit in India by many buyers.
1. Maruti Suzuki India Ltd.
This car brand is the prominent car brand in the India category and has captured a generously large amount of marking with a share of 42.75%. It is a New Delhi-based Indian automobile manufacturing company put up in 1981, which in 1982 went into a Joint Venture Agreement with Japan-based corporation Suzuki. Initially, it was an importer of cars, but in 1987, the Company started exporting its products.
Maruti Suzuki, in 2000, was the very first car brand in India to set up its call center for consumer help. Until 2003, Maruti Suzuki was a government-owned company with a minor share of Suzuki Corporation, the Japanese Company, which was ultimately wholly sold to Suzuki Motor Corporation. Maruti Suzuki was at 37th and 9th standing in 2013 and 2019, respectively, among India's most trusted car brands.
Maruti Suzuki Baleno, Maruti Suzuki Brezza, Maruti Suzuki Wagon R and the newly launched Maruti Suzuki Nexa are some of its prominent productions. This label maintains an eye on all the consumers and therefore manufactures products accordingly, satisfying everyone's needs. In October 2022, the trademark has recently vended approximately one lakh forty thousand vehicles and echoes a year-on-year boost of 28.76% in absolute trades.
2. Tata Motors
Tata Motors is a passenger vehicle manufacturing Company belonging to the Tata Group itself. It's a Mumbai-based multinational automobile manufacturing company with an enormous customer base in the markets of 26 countries. Jehangir Ratanji Dadabhoy Tata founded the Company in the year 1945. Initially, Tata entered the market as a manufacturer of locomotives but started producing automotive too lately. Tata Motors Cars is a constituent of Tata Motors, indulging in producing cars for the public. It has attained the third-largest car market share with a percentage of 11.45%, making the company stand among one of the top car brands in India.
Its September sales report depicts an 85% year-on-year growth. Tata launched one of the world's cheapest cars, the Tata Nano, in 2008. Also, the company legally procured the hold of Jaguar Cars and Land Rover from Ford in 2008 and became their parent company. It is primarily engaged in manufacturing luxurious cars and sports cars, having its headquarters in Whitley, United Kingdom. One of the Tata Motors divisions, TML Drivelines, delivers axles and gearboxes for economic transport. In the list of the world's largest corporations of 2019, Fortune Global 500, Tata Motors acquired 265th position.
3. Mahindra and Mahindra
The other one in the list of 10 leading car brands in India includes Mahindra and Mahindra, a Mumbai-based multinational automobile company founded by J.C. and K.C. Mahindra and M.G. Muhammad in 1945. It is a public company initially named Mahindra and Mohammed, which was later changed to Mahindra and Mahindra. Also, the Company topped the list of the biggest companies by grabbing a position of 17th in India by the Fortune India 500.
Mahindra has a global customer base, including North America, Italy, South Africa, Australia, Brazil, Mexico, and many others. Mahindra embarked on his entry into the segment of trucks by getting into the deal by signing a Joint Venture Agreement with International Truck, USA. It supplies not only cars but also three-wheelers, MUVs, and LCVs. Mahindra, in the past, also had a Joint Venture with Ford before it lost its grip on Jaguar Cars and Land Rover to Tata Motors. Mahindra has won various awards and titles, including the Bombay Chamber Good Corporate Citizen Award, 2006-07, Business World FICCI-SEDF Corporate Social Responsibility Award, 2007, and so on. Mahindra has also been identified as one of India's most trusted brands in 2021.
4. Hyundai Motor India Ltd.
Hyundai Motor India Ltd. successfully established its first car, Hyundai Santro, launched on September 23, 1998, becoming India's largest automobile exporter. They formed this subsidiary of Hyundai Motor in 1996. In November 2006, they set up Hyundai Motors India Engineering in Hyderabad. This South-Korean car manufacturing company has attained the second-largest car market share by 15%. It has produced various cars, including the Hyundai Creta, Hyundai Venue, Hyundai Grand i10, and many others. By unfailingly progressively delivering the country with high-performance cars, Hyundai grips to make itself among the top car manufacturers in India.
In its initial stage, due to the competitors, Maruti, Mahindra, Premier, Hindustan, and Tata, Hyundai was merely known by someone. This brand has the very well-known, the so famous, and familiar face of Indian cinema, Shah Rukh Khan, as their brand ambassador. The star is also the recipient of the "Brand Ambassador of the Year" Award for the Hyundai i10 in 2010. Since its introduction in the Indian market, Hyundai has received most Indian Car of the Year awards. Hyundai became the Indian Car of the Year in 2008, 2014, 2015, 2016, 2018, 2020, and 2021. Hyundai Motor India Ltd. has continuously received the "Top Exporter of the Year" award for 10 years.
5. Honda Motor Co. Ltd.
Honda Motor Co. Ltd, a Japanese automobile manufacturing company with its main office in Tokyo, covers a good market worldwide but has only just 2.6% of the Indian car market. Honda launched its very first motorcycle, D-Type, in 1949. Since 1959, Honda Motor has been the biggest maker of motorcycles and internal combustion engines in the world. It is a public conglomerate embodied in 1948 by Soichiro Honda. In 2001, Honda was the second top Japanese automobile manufacturing company and shifted to the 8th position in 2015.
In 1986, Honda Motor also established ACURA, a car brand dealing in grand conveyances in the American car market and launched its first supercar, Honda NSX, in 1991. Honda deals not only in cars and motorcycles but also in marine engines, garden equipment, power generators and others. Honda also paved its way into robotics and established its original robot ASIMO in 2000. In 2004, Honda opened GE Honda Aero Engines, thus creating its way to the aerospace industry, and in 2006, it finally operated as a complete subsidiary. Not only this, but Honda also underwent an agreement with China to set up Joint Ventures, Dongfeng Honda and Guangqi Honda.
6. Toyota Motor Incorporation
Another car-creating Japanese corporation, drawing off its offices in Tokyo, Japan, penetrated the Indian market in 1997 in alliance with the Kirloskar Group. Its remarkable car innovations have made a stand among the leading car brands in India. It was initially recognized as a part of Toyota Industries, a machine maker industry, by the father of the founder Kiiichiro Toyoda, Mr. Sakichi Toyoda. Now, both of the companies are a constituent of Toyota Group, one of the top-most companies in the world.
In 1936, Toyota released its first car, Toyota AA, in the market, under the Tata Industries only. Toyota Motors got its name and recognition in 1937 as a separate entity under the Toyota Group. Toyota introduced Toyota Corolla to Japanese middle-class families in the market in the 1960s as he saw a rapid increase in the country's economy, which became the most famous passenger car in the whole world. It (Toyota Motor) is identified as the first automobile producer to produce over 10 million conveyances per year. Toyota also launched its first hybrid electric vehicle in 1997, named Toyota Prius. Hino, Lexus, and Daihatsu are the other three brands under whose name Toyota sells its automobile products in the market.
7. Kia Corporation
Following its parent company, it is the second-largest automobile manufacturing company in South Korea. It was set up in 1994 as Kyungsung Precision Industry, which was later changed to Kia in 1952, in Seoul, South Korea. The company launched its first domestic bicycle in 1951. Kia incorporated Kia Europe in 1991 to open its sales market in Europe. In 1992, Kia weaved Kia America in California. Not only this, but Kia also put up Kia Central and South America Corporation in Florida to operate its market in 43 countries.
Due to Kia's bankruptcy in 1997, Hyundai went into an agreement with Kia and obtained 51 per cent of the company. The corporation marked its journey in the Indian market in 2019 by setting up its plant in Andhra Pradesh and introducing SUV-SP2 in the market. According to reports, Kia hit 1 lakh car sales in India in 2020 and hence gripping on the title of becoming the first automobile corporation to do so.
Renault, set up in 1899, is an automobile producer operating globally. This one of the leading car companies is a French company founded by Louis, Marcel, and Fernand Renault. It produces cars, vans, tractors, buses, trucks, tanks, and many more. In 2016, according to the reports, Renault was running the 9th largest automobile manufacturing company worldwide. Also in 2017, Renault went into an alliance with Mitsubishi and Nissan, the two automobile trading Japanese companies, resulting in becoming the world's largest seller of lightweight vehicles.
Renault has made a significant name in Motor Sports too. The company also has a stake of 43.4% in Japan's Nissan. Renault has also undergone a contract with Turkey's Oyak, leading to Oyak-Renault, a joint venture of Oyak and French Renault. Also, Renault has an Iranian Joint Venture, Renault Pars, set up in 2004. Renault holds some subsidiaries like RCI Banque, Renault Retail Group, and Motrio.
In 1899, Louis Renault designed an extremely straightforward drive gear with no drive belt and much better uphill performances. It also introduced Renault 8, a four-wheel disc brake design first serial car. Along with the European woo, Renault produced a real-time system to gather location and weather information.
9. Volkswagen Group
It is a German multinational automobile industry located in Lower Saxony, established in 1937 by the German Labour Front. The company produced cards, commercial vehicles, automobiles, internal combustion engines, motorcycles, and turbomachinery. It began operating its market when the car was among the luxurious things among the German population. In 1934, Adolf Hitler got involved in making cars with the motive to manufacture a basic car to be afforded by almost half of German families. Since 1949, Volkswagen has been an important part of West German Recognition. China's car market is the largest contributor contributing about 40% of the sales of Volkswagen cars. Volkswagen entered the American market in 1949 and sold just two units in the first year.
In Europe, Volkswagen Group has secured a good market share over decades. The company also grabbed the 7th position in 2020 in the Fortune Global 500 list. This group deals its cars in the name of Audi, Porsche, Skoda, SEAT, Lamborghini, etc. The company has about 342 subsidiaries. Its two significant Joint Ventures, FAW, and SAIC Volkswagen, trade with China. It trades with almost 150 countries, with 27 countries involved in production procedures. The Volkswagen Group has two divisions, the Automotive and Financial Services Division.
10. Skoda Auto
Skoda Auto is established by Vaclav Laurin, a bicycle manufacturer afore, and Vaclav Klement, a bookseller afore becoming the manufacturer. It is an automobile trader placed in 1925 in the Czech Republic. Hitherto 1924, they, the founders, used to make trucks. Before the company was even established, it produced bicycles along with some already existing car manufacturing companies in the market in the early 1890s.
It was state-owned from 1948 to 1991 but was sold to Germany's Volkswagen Group afterward, becoming a partially owned subsidiary. Due to the outbreak of the Velvet Revolution and the decline of communism, many industries in the Republic of Czech were issued to be privatized, and the acceptance of bids for Skoda auto was disclosed in 1990. Renault and Volkswagen were the only industries that showed some keen stake in Skoda Auto, which afterward, on December 09, 1990, was chosen by the Czech government and signed a Joint Venture agreement on March 28, 1991, giving the Volkswagens a hold of 30% on the Skoda Auto company, which increased to 60.3% in December 1994 and to 70% in December 1995, which later finally became an entirely owned subsidiary of Volkswagen Group in 2000. Following Porsche, Skoda is the second most prominent Volkswagen group regarding its returns.