SUV-style products now command 45% of the Indian passenger vehicle market.
BHPian pqr recently shared this with other enthusiasts.
Q1 2023: Indian passenger vehicle market analysis:
![](https://www.team-bhp.com/sites/default/files/pictures2023/1_5.png)
- The Indian passenger vehicle market grew by 10.8% in Q1 2023.
- Wholesale in all three months remained over 3 lakh units.
Passenger vehicle brand:
![](https://www.team-bhp.com/sites/default/files/pictures2023/2_6.png)
- Maruti grew by 8%; however, it lost market share by 1.2%.
- Mahindra, Toyota, and Kia gained significant market share in Q1 2023.
Top 20 products:
![](https://www.team-bhp.com/sites/default/files/pictures2023/3_8.png)
- Maruti Wagon R continues to be the best-selling car in the Indian market.
- Maruti Brezza became the bestselling SUV.
Body style:
![](https://www.team-bhp.com/sites/default/files/pictures2023/4_4.png)
- SUV-style products now command 45% of the Indian passenger vehicle market.
- Honda’s entire portfolio is made up of sedans only.
![](https://www.team-bhp.com/sites/default/files/pictures2023/5_3.png)
- Mahindra holds the biggest share of the SUV segment.
- Maruti dominates everywhere else.
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