Maruti Suzuki India On Track To Surpass 2.2 Million Unit Sales In FY2026
- By Nilesh Wadhwa
- March 01, 2026
Maruti Suzuki India, the country’s largest passenger vehicle manufacturer, is seeing retail sales growth along with robust export performance.
The company is seeing rising traction across its product portfolio, including demand for hatchbacks, SUVs and CNG models, even as it operates at nearly full capacity across plants.
For February, the company clocked total sales of 214,000 units, marking its highest-ever monthly performance across domestic and export markets. Overall wholesales for the month stood at an all-time high of 264,000 units, the highest in the company’s 40-year history. Retail sales touched 150,000 lakh units, up 12 percent YoY, with channel inventory maintained at a lean 12 days, including seven days of transit stock.
Partho Banerjee, Senior Executive Officer – Marketing & Sales, Maruti Suzuki India, said “We are currently operating at close to 100 percent capacity, with a new production line commissioned in April and scaling up from May. “Despite the capacity constrain, we have delivered an all-time high retail performance and are seeing robust bookings of 190,000 units, growing at around 20 percent,” he noted.
SUV Surge Lifts Market Share
A key growth driver has been the company’s sharper focus on higher-value vehicles, particularly in the mid-SUV segment. Maruti Suzuki has doubled its monthly SUV volumes from an average of 10,000 units in FY2024-25 to around 20,000 units currently. Its market share in the SUV segment has expanded from 12.8 percent to 19 percent.
Industry passenger vehicle wholesales stood at 381,665 units in February, with expectations of 420,000–450,000 units in the coming months. While the broader industry is projected to grow 11–12 percent, Maruti Suzuki’s retail growth of 12 percent has enabled it to gain share, reaching 40.06 percent on the Vahan portal. The company said it has gained market share following the recent GST revision, despite production constraints.
To reduce waiting periods and balance demand across models, the company is calibrating production. Waiting periods for SUVs have increased by two to three days, while the WagonR continues to see over a month’s wait. Capacity additions at the Kharkhoda plant are expected to gradually add 100,000–120,000 units annually, supporting production of two to three models and easing pressure across segments.
CNG Momentum Continues
CNG models remain a strong pillar of growth. CNG penetration stood at nearly 44 percent in February and close to 40 percent for FY2026 (up to February). The company has sold 670,000 CNG vehicles so far this fiscal, reflecting 18.2 percent growth.
Banerjee highlighted the success of the S-CNG portfolio, including the Victoris under-body CNG kit, as a key contributor to this expansion.
Exports Hit Target Early
On the exports front, the company dispatched over 39,000 units in February, up 56.5 percent YoY. For FY2026 (April 2025 to February 2026) exports have crossed 400,000 units, marking 33.7 percent growth and enabling the company to achieve its full-year export target ahead of schedule.
Rahul Bharti, Executive Director – Corporate Affairs, noted that while the overall passenger vehicle industry’s exports grew around 7 percent till January, Maruti Suzuki’s exports expanded by over 30 percent, rising above 33 percent in February. The company now exports to over 100 countries.
The eVitara has emerged as a strong export performer, crossing 21,000 units across more than 39 countries, including the UK, Denmark and Germany. The company said it is dispatching one eVitara to every Nexa outlet and increasing test-drive vehicles to meet rising customer enquiries, which are running at nearly 2,000 per day.
Addressing concerns around geopolitical tensions in the Middle East, Bharti said the company’s export exposure to the region stands at around 12.5 percent in FY2026. “Our export portfolio is well diversified. We are not just increasing exports, but doing so in a broad-based manner to de-risk ourselves. We continue to monitor the situation,” he said.
For FY2026, Maruti Suzuki India remains on track to achieve total sales of 2.2 million units, including domestic sales, exports and supplies to other OEMs. Additional capacity enhancement at its Gujarat facility from July will support electric vehicle production, while the ramp-up at Kharkhoda is expected to ease supply constraints across the portfolio.
Maruti Suzuki India Launches Victoris Aurum Edition To Mark Sales Milestone
- By MT Bureau
- October 24, 2026
Maruti Suzuki India, the country’s largest carmaker, has introduced the Victoris Aurum Edition Strong Hybrid to mark the first anniversary of the Victoris SUV, featuring an accessory kit priced at INR 22,990.
The launch follows the model reaching sales of 100,000 and 150,000 units within its initial year of production. The Aurum Edition incorporates copper-coloured inserts on the front, side and rear skid plates, along with revised wheel arch trim.
On the outside, it gets chrome garnishes across the front grille, fenders, bumpers, body side mouldings and door visors. Interior additions comprise all-weather 3D cabin mats, a 3D boot mat and a trunk sill guard.
Furthermore, the company has partnered with actor Shahid Kapoor to lead the promotional campaign for the variant.
Partho Banerjee, Senior Executive Officer – Marketing and Sales, Maruti Suzuki India, said, "Conceptualised as a ‘Got it All’ SUV for today’s dynamic young go-getters who ‘want it all’, the Victoris has truly won the hearts of buyers. As we celebrate its first anniversary, it’s worth noting that the Victoris has become the fastest-selling PV to clock both the 150,000- and 100,000-unit sales milestones, going on to achieve the highest sales for any car in India during its 1st year of launch. Recognising these extraordinary achievements, we are introducing the Victoris Aurum Edition Strong Hybrid, with tasteful enhancements that are sure to grab eyeballs and make this festive season feel all the more special for our valuable customers. Our association with Shahid Kapoor, for the new Aurum Edition is also sure to complement the Victoris’ contemporary appeal."
Hyundai Bayon To Feature 69% High-Strength Steel Grade For Enhanced Safety
- By MT Bureau
- October 21, 2026
Hyundai Motor India, one of the leading passenger vehicle manufacturers, has detailed the safety specifications and platform architecture for its upcoming Bayon SUV model ahead of its official launch in India on 26 October 2026.
Built on the Global K Enhanced Platform, the Bayon utilises a body structure comprising of 69 percent high-strength steel grades, integrating hot-stamped components across the front apron, dashboard, rear floor and side reinforcements.
The vehicle incorporates Hyundai SmartSense Level 2 Pro ADAS, providing 23 driver assistance features supported by three radar units and 12 parking sensors. Over 35 safety features are fitted as standard across all variants, including six airbags, electronic stability control, hill-start assist control, a tyre pressure monitoring system (TPMS) and ISOFIX child seat anchors.
The Bayon will be powered by a 1.5-litre MPi four-cylinder petrol engine producing 84.4 kW (115 PS) and 143.8 Nm of torque, paired with a six-speed manual or an Intelligent Variable Transmission. Exterior options will span 10 colour configurations across monotone, dual-tone, and matte finishes.
Tarun Garg, Managing Director and Chief Executive Officer of Hyundai Motor India, said, "At Hyundai, we believe that true innovation is meaningful only when it enhances the everyday experiences of our customers. With the Hyundai BAYON, we have combined a robust body structure, advanced safety technologies, and intelligent driver assistance systems to deliver a comprehensive safety experience. From its reinforced chassis and high-strength steel construction to Hyundai SmartSense Level 2 Pro ADAS, the BAYON is engineered to inspire confidence not only in challenging situations, but throughout every journey. This reflects our commitment to delivering intelligent mobility solutions that are safe, connected, and progressive for modern India."
Mitsubishi Motors Launches All-New Pajero In Thailand Ahead Of Global Rollout
- By MT Bureau
- October 21, 2026
Japanese automotive major Mitsubishi Motors has commenced sales of the Pajero cross-country SUV in Thailand, serving as the initial market for the model’s international release.
The Pajero’s production takes place at the Laem Chabang facility operated by Mitsubishi Motors in Chonburi Province, which functions as a manufacturing hub for export operations.
Shipments to Australia and Japan are scheduled ahead of market releases in mid-December, followed by sequential introductions across approximately 100 countries and regions in the Middle East and Latin America starting in fiscal 2027.
The Pajero integrates four-wheel-drive capability with passenger car handling characteristics and positioning as a flagship offering.
Keisuke Kishiura, President and Chief Operating Officer, Mitsubishi Motors, said, "We are delighted to begin sales of the all-new Pajero in Thailand as the first market for its global rollout. Thailand is not only an important market for Mitsubishi Motors, but also a key hub for our production and exports. The all-new Pajero is a flagship model that embodies Mitsubishi Motors and is positioned among the top-tier cross-country SUVs in the Thai market. We will continue to deliver appealing products from Thailand to customers around the world and provide value that exceeds expectations."
Param Automotive Inaugurates Upgraded Mahindra Showroom In Ahmedabad
- By MT Bureau
- October 20, 2026
Param Automotive Group has inaugurated an upgraded dealership facility in Ahmedabad to mark its silver jubilee year.
Located at the site established in 2002, the facility spans 40,000 square feet and features display space for 18 vehicles.
The showroom includes customer lounges, delivery zones, accessory bays, test-drive areas and hospitality spaces to support vehicle sales and customer service operations.

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