In terms of year-over-year (YoY) sales, the Indian auto market narrowly missed out.
In the month of April 2022, automakers sold a total of 2,93435 units, which was 6,736 more than in April 2021. In the fourth month of 2021, automakers shipped 2,86,699 units.
Of the top 10 automakers, six were in black, although the top 2 players (Maruti Suzuki and Hyundai) in the market both fell more than 10 percent.
In terms of MoM sales, every automaker except Honda was in the red, with the entire Indian auto market shrinking by 8.83 percent (28,412 units) from March 2022 sales figures of 3,21,847 units.
April 2022 car sales (annual comparison)
|rank||Brand||12 April||Apr-21||Growth (%) YoY|
April 2022 car sales (MoM comparison)
|rank||Brand||12 April||March 22nd||Growth (%) MoM|
Let’s take a look at the top 10 Indian automakers in terms of sales figures as of April 2022.
1) Maruti Suzuki – 1.21.995 units
April was a difficult month for Maruti Suzuki, despite the launch of the new Ertiga and revised XL6 MPVs in the country. In terms of YoY sales, Maruti fell 10.22 percent (13,884 units) compared to April 2021, when it sold 1,35879 units. MoM sales also fell 8.86 percent (11,866 units) compared to March 2022, when the automaker sold 1,33,861 units.
2) Hyundai – 44,001 units
The South Korean car manufacturer Hyundai barely kept second place in April 2022, because sales also went in the wrong direction. Hyundai’s YoY sales fell 10.21 percent (5,001 units) compared to April 2021, when the Korean auto giant had sold 49,002 units in India. Hyundai’s MoM sales were nearly stable, at just 1.34 percent (599 units) compared to sales of 44,600 units in March 2022.
3) Tata Motors – 41,587 units
Tata Motors had a great April 2022 unveiling of two EV concepts in the form of the Gen 2 Curvv and the Gen 3 Avinya. The Mumbai-based automaker’s YoY sales rose 65.72 percent (16,492 units) compared to April 2021, when Tata had sold just 25,095 units. However, MoM sales declined slightly by 1.67 percent (706 units) compared to the March 2022 figures of 42,293 units. In terms of market share, Tata is now less than a percentage point behind Hyundai and now controls just over 14 percent of the Indian car market.
4) Mahindra – 22,526 units
Mahindra also enjoyed a great April 2022 compared to the same period last year, with annualized growth of 23.19 percent (4,241 units). Mahindra sold 18,285 units in April 2021. However, MoM’s sales fell 18.39 percent (5,077 units) compared to March 2022, when Mahindra sold 27,603 units.
5) Kia – 19,019 units
Kia enjoyed another great month of sales, climbing to almost 6.5 percent of the Indian car market. Kia’s year-over-year sales increased 18.05 percent (2,908 units) compared to April 2021, when 16,111 units were sold.
However, MoM sales fell 15.93 percent (3,603 units) from record numbers in March 2022, when 22,622 units were sold.
the other 5
Japanese automakers Toyota and Honda occupy fifth and sixth positions with sales of 15,085 and 7,874 units respectively in April 2022.
In terms of YoY sales, Toyota grew 57.14 percent (5,485 units) compared to sales of 9,600 units in April 2021. However, Honda dipped into the red in terms of YoY sales, as it grew 13.21 percent ( 1,198 units) shrank compared to 9,072 units as of April 2021.
MoM sales compared to March 2022 saw fortunes reverse for the two Japanese giants. Toyota shrank 11.94 percent (2,046 units) from 17,131 units in March, while Honda grew 19.5 percent (1,285 units) from last month’s figures of 6,589 units sold.
Renault suffered a double dip in April, with both annualized and MoM sales falling as 7,594 units were sold. The French automaker’s year-on-year sales fell 12.13 percent (1,048 units) compared to 8,642 units in April 2021. MoM sales fell 10.85 percent (924 units) from 8,518 units in March 2022. .
The VW group’s mass-market Skoda and Volkswagen rounded out the top 10 with 5,152 and 3,547 units sold respectively in April 2022.
Both brands grew exponentially in terms of year-over-year sales. Skoda was the biggest gain across the board with sales up 436.11 percent (4,191 units) from 961 units in April 2021. Volkswagen’s YoY sales also grew significantly by 131.38 percent (2,014 units) over compared to the figures of 1,533 in April 2021.
However, sales of both brands fell in MoM comparisons, with Skoda falling 8.13 percent (456 units) and VW 3.4 percent (140 units) compared to March 2022.
Thoughts on the performance of the Indian car market in April 2022
The Indian car market stagnated in April 2022, despite many carmakers falling in the red in year-over-year comparisons. This shows that the Indian car market appears to be recovering from last year’s lows caused by the pandemic and the chip shortage. The decline in month-on-month sales can be attributed to the start of a new fiscal year, which will bring a host of price increases.