Mumbai’s used car market in 2024 remained strong, with Maruti Suzuki leading at 34.3% market share, followed by Hyundai (20.7%), Honda (10.4%), Tata (5.91%), and Volkswagen (4.15%). Hatchbacks continued to dominate due to affordability and ease of use, but SUVs like the Tata Nexon and Hyundai Creta gained traction. Maruti’s Wagon R, Swift, and Dzire topped sales, while Hyundai’s i10 and Verna remained popular. Honda’s City led the sedan category, and Tata’s Tiago and Nexon saw increased demand. Volkswagen secured fifth place with strong Polo and Vento sales. Maruti’s dominance in Mumbai reflects its national standing, while Hyundai and Honda maintain steady demand. Tata’s growing presence highlights shifting buyer preferences toward safer, well-built vehicles. With SUVs gaining popularity, Mumbai’s used car market continues to evolve, offering diverse options for buyers.
