TL;DR
Maruti Suzuki led January 2026 passenger car registrations in India, maintaining over 40% market share despite a slight dip, while Kia saw substantial growth and Honda experienced a decline.
Maruti Suzuki continued to lead the Indian passenger car market in January 2026, capturing over 40% of the domestic market share. Despite a 13% decline compared to January 2025, Maruti Suzuki registered 183,633 units, with popular models like the WagonR, Swift, and Brezza being key contributors.
Hyundai secured the second position with 59,587 registrations, showing stable demand, primarily driven by the Creta. Mahindra & Mahindra climbed to third, registering 54,733 units, a 5.4% increase year-on-year, propelled by strong SUV demand for models like the Scorpio-N, XUV700, and Thar.
Tata Motors and Toyota rounded out the top five, while Kia demonstrated remarkable growth, posting a 26.5% year-on-year increase with 28,047 registrations, largely due to the Sonet and Seltos. In contrast, Honda experienced a significant decline of 29.7% with 5,402 units, impacted by limited SUV offerings.
