Car Retail Sales January 2026 – Maruti, Hyundai, Tata, Mahindra, Toyota, Kia, Skoda VW, BMW, Mercedes

Car retail sales grew by 7.22% year-on-year in January 2026 driven by strong demand in the SUV/compact-SUV segment.

After taking a look at wholesaling (from company to dealer), let’s now look at retail sales (from dealer to customer). The Federation of Automobile Dealers Associations (FADA) released vehicle retail data for January 2026, where growth across all sectors was overwhelmingly positive. Total retail sales stood at 27,22,558 units, a growth of 17.61% year-on-year. While passenger vehicle demand improved by 7.22%, it was double-digit growth in two-wheelers (20.82%), commercial vehicles (15.07%) and three-wheelers (18.80%). Tractor sales also increased by 18.80% on year-on-year basis.

car sales january 2026

Car retail sales, which stood at 5,13,475 units in January 2026, grew by 7.22% from 4,78,915 units in January 2025. This was also a significant improvement from December 2025’s sales of 3,79,671 units, representing an increase of 35.29%. New product launches, a surge in buyer sentiment at the beginning of the new year, and special schemes and discount offers have all played a major role in this growth.

Positive sentiment was also seen in both rural and urban areas, where rural sales grew by 40.8%, while urban sales improved by 59.2% year-on-year. It was also on a year-to-date (YTD) basis that car sales saw strong growth. 38,45,801 units were sold in the April-January 2026 period, up 10.24% from 34,88,523 units sold in the same period last year.

Fuel-wise details of car sales in January 2026

The passenger vehicle powertrain mix remained largely stable in Jan’26. Petrol/Ethanol led the way with a slight decline at 47.5%. CNG/LPG rose to 22.9%, reflecting strong demand for cost-efficient options, while diesel rose to 17.1%. Hybrids saw continued growth of 8.9%, and EVs, at 3.6%, remained small but saw clear growth compared to the previous year, indicating a gradual shift towards electrification.

Breaking down the retail sales on OEM-wise basis, we see Maruti Suzuki leading the market with 42.07% market share with sales of 2,16,043 units last month. This was a marginal improvement from 2,14,494 units in January 2025, while MoM sales in December 2025 also exceeded 1,50,123 units. Hyundai Motor was at the second position with sales of 65,914 units last month. Interestingly, Hyundai was at fourth position in wholesale sales.

Next in line was Tata Motors with sales of 63,558 units as well as 12.38% market share showing positive sentiment from 54,885 units in the same month last year. Mahindra was lagging behind in terms of both sales and market share. Mahindra’s retail sales stood at 63,366 units in January 2026 with 12.34% share in the segment.

Toyota Kirloskar Motor’s sales stood at 35,053 units, followed by Kia India’s sales at 29,954 units. Skoda also reported a YoY growth of 9,562 units to 9,794 units, while MG Motor India declined to 5,926 units from 6,762 units. Honda car sales also fell sharply to 5,848 units as against 7,968 units sold in January 2025.

Renault India sold 4,839 units last month, up from 3,966 units in January 2025, led by strong sales of the Duster. The company hopes to see further growth in sales with the 2026 Duster, which is planned to be launched in March 2026. Nissan India sales declined to 2,387 units last month but are expected to pick up in the coming months due to the new upcoming launches of Gravitas and Tecton.

luxury car sales january 2026

In the luxury passenger vehicle segment, BMW India took the lead and its sales increased to 1,962 units from 1828 units. On the other hand, Mercedes-Benz sales declined to 1,806 units from 1,828 units. Demand for Jaguar Land Rover also declined to 442 units from 512 units.

Stellantis Group (Jeep/Citroen) added 1,532 units to total retail sales, up from 1,170 units in the same month last year. Force Motors almost doubled its sales numbers from 643 units to 1,152 units, while Vinfast added 435 units to the total. On year-on-year basis, BYD India’s sales declined from 338 units to 231 units. There were others as well which added 3,233 units to total retail sales last month, up from 2,101 units in January 2025.