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Maruti Suzuki Sold More Cars Than Hyundai, Tata, And Mahindra Combined In March 2024

Most automotive manufacturers have registered a optimistic month-on-month (MoM) gross sales progress in final month’s gross sales

Maruti Suzuki, Tata, and Hyundai logo

The brand-wise gross sales report for March 2024 is out, and as typical, Maruti Suzuki stays the best-selling automotive model in India, with Hyundai, Tata, Mahindra, and Toyota additionally securing spots within the high 5. While most manufacturers recorded optimistic month-over-month (MoM) progress final month, just a few confronted year-on-year (YoY) gross sales losses. Let’s take a more in-depth take a look at the efficiency of every model in March 2024 gross sales.

Brand

March 2024

February 2024

MoM Growth %

March 2023

YoY Growth %

Maruti Suzuki

1,52,718

1,60,272

-4.7

1,32,763

15

Hyundai

53,001

50,201

5.6

50,600

4.7

Tata

50,105

51,270

-2.3

44,047

13.8

Mahindra

40,631

42,401

-4.2

35,976

12.9

Toyota

25,119

23,300

7.8

18,670

34.5

Kia

21,400

20,200

5.9

21,501

-0.5

Honda

7,071

7,142

-1

6,692

5.7

MG

4,648

4,532

2.6

6,051

-23.2

Renault

4,225

4,080

3.6

5,389

-21.6

Volkswagen

3,529

3,019

16.9

3,900

-9.5

Key Takeaways

Maruti Fronx

  • In March 2024, Maruti Suzuki alone offered greater than 1.5 lakh automobiles in India, surpassing the mixed gross sales of Hyundai, Tata, and Mahindra. Although Maruti’s MoM gross sales declined by almost 5 p.c, it nonetheless achieved a 15 p.c progress in YoY gross sales.

  • Hyundai surpassed Tata to develop into the second best-selling automotive model in March 2024. The Korean automaker offered round 53,000 automobiles final month, with optimistic progress of 5.6 p.c and 4.7 p.c in each MoM and YoY gross sales, respectively.

  • Tata slipped to the third spot within the gross sales desk, although it nonetheless crossed the gross sales mark of fifty,000 models final month. Though Tata’s MoM gross sales dipped by greater than 1,000 models final month, the Indian automaker registered a progress of 14 p.c in YoY gross sales.

Mahindra Scorpio N

  • Mahindra dispatched greater than 40,600 SUVs final month, taking successful of over 4 p.c in month-to-month gross sales. However, its yearly gross sales have elevated by nearly 13 p.c.
  • With over 25,000 automobiles offered, Toyota not solely registered almost 8 p.c progress in MoM gross sales, but it surely additionally registered the very best progress of 34.5 in YoY gross sales. 

  • Kia additionally registered a progress of virtually 6 p.c in MoM gross sales with over 21,000 automobiles offered in March 2024. The Korean automaker additionally maintained a constant demand in YoY gross sales.

  • Honda was one other constant performer final month, as soon as once more surpassing the gross sales mark of seven,000 models in March 2024, with solely a 1 p.c decline in MoM gross sales. The Japanese automaker additionally recorded YoY progress of almost 6 p.c.

  • Though MG offered over 4,500 automobiles in March 2024 with a month-to-month progress of round 3 p.c, its yearly gross sales dropped by greater than 1,400 models in March 2024.

  • Renault additionally managed to cross the gross sales mark of 4,000 models final month, but it surely confronted a decline of almost 22 p.c in YoY gross sales.

Volkswagen Virtus

  • At final, Volkswagen offered greater than 3,500 automobiles in March 2024 registering a progress of round 17 p.c in MoM gross sales. However, its YoY gross sales dipped by almost 10 p.c in March 2024.

Take A Look At The Top 10 Best-selling Cars Of February 2024

Two fashions on the listing registered year-on-year (YoY) development of greater than one hundred pc

Top 10 best-selling cars of February 2024

In February 2024, the highest 10 best-selling automobiles listing was as soon as once more dominated by Maruti fashions. It noticed the Maruti Wagon R take again the crown because the best-selling automobile in India whereas the Tata Nexon slipped down the desk even additional. Many automobiles registered a constructive YoY development, with it bettering by over one hundred pc for 2 automobiles.

Here’s an in depth have a look at how every mannequin carried out in February 2024 gross sales:

Model

February 2024

February 2023

January 2024

Maruti Wagon R

19,412

16,889

17,756

Tata Punch

18,438

11,169

17,978

Maruti Baleno

17,517

18,592

19,630

Maruti Dzire

15,837

16,798

16,773

Maruti Brezza

15,765

15,787

15,303

Maruti Ertiga

15,519

6,472

14,632

Hyundai Creta

15,276

10,421

13,212

Mahindra Scorpio

15,051

6,950

14,293

Tata Nexon

14,395

13,914

17,182

Maruti Fronx

14,168

13,643

Key Takeaways

Maruti Wagon R

  • The Maruti Wagon R, with over near 19,500 items offered, was the best-selling automobile in February 2024 gross sales. Its year-on-year (YoY) determine went up by 15 %.

  • With almost 18,500 items dispatched, the Tata Punch took the second spot on the listing. Its month-on-month (MoM) gross sales elevated by virtually 500 items. These figures additionally embody the gross sales information of the brand new Punch EV.

Maruti Baleno

  • With over 17,500 items offered, the Maruti Baleno was behind Tata’s micro SUV by simply 1,000-odd items. That stated, each its YoY and MoM figures dipped in February gross sales.

  • Both the Tata Nexon and Maruti Fronx registered complete gross sales between 14,000 and 14,500 items. While the Tata SUV’s YoY determine climbed by 3 %, its MoM gross sales dropped by virtually 3,000 items. The Nexon’s numbers additionally embody the gross sales figures of the Nexon EV.

Also Read: Maruti Suzuki, Tata, And Hyundai Were The Best-selling Car Brands In February 2024

Read More on : Wagon R on road price

These Were The Most Sought-after Compact And Midsize Hatchbacks In January 2024

Of the six fashions on the listing, it was solely the Maruti Wagon R and Swift that registered complete gross sales of over 10,000 models

Top-selling compact and midsize hatchbacks in January 2024

Even although new-age automotive consumers as we speak might have taken a liking to SUVs, compact and midsize hatchbacks are nonetheless a well-liked alternative as effectively. Like at all times, the gross sales chart was dominated by Maruti hatchbacks in January too, with a few oddballs within the type of Tata and Hyundai fashions. Here’s the detailed gross sales report for compact and midsize hatchbacks in January 2024:

Models

January 2024

January 2023

December 2023

Maruti Wagon R

17,756

20,466

8,578

Maruti Swift

15,370

16,440

11,843

Hyundai Grand i10 Nios

6,865

8,760

5,247

Tata Tiago

6,482

9,032

4,852

Maruti Celerio

4,406

3,418

247

Maruti Ignis

2,598

5,842

392

Also Check Out: These Were The Top 10 Best-selling Cars In January 2024

Takeaways

Maruti Wagon R

  • The Maruti Suzuki Wagon R took the highest spot in compact and midsize hatchback gross sales in January 2024, witnessing a month-on-month (MoM) development of over one hundred pc.

  • With over 15,000 models bought, the Maruti Swift was the one different hatchback right here after the Wagon R to witness complete gross sales of greater than 10,000 models.

Hyundai Grand i10 Nios

  • The subsequent best-selling hatchback on the listing, the Hyundai Grand i10 Nios, secured third place with practically 7,000 models bought. While its MoM determine grew by 31 %, its year-on-year (YoY) quantity dipped by 22 %.

  • Almost 6,500 models of the Tata Tiago had been dispatched in January 2024, making it the final mannequin right here to have complete gross sales of over 5,000 models. These numbers embody gross sales of the Tata Tiago EV as effectively.

Maruti Celerio

  • The Maruti Celerio, with over 4,400 models dispatched, took the fifth spot on the chart and noticed a constructive development in each MoM and YoY gross sales.

  • While the Maruti Ignis noticed an enormous soar in YoY gross sales figures, its month-to-month gross sales determine dropped by over 50 %. Its cumulative gross sales quantity barely crossed the two,500 unit-mark in January 2024.

Read More on : Maruti Wagon R on road price

These Were The Top 10 Best-selling Cars In January 2024

Out of the ten automobiles on the listing, three fashions registered a year-on-year (YoY) progress of fifty % or extra in January 2024 gross sales

Top 10 best-selling cars in January 2024

The first month of 2024 is over and it witnessed a surge of month-on-month (MoM) demand within the Indian automotive trade following the drop in gross sales on the finish of 2023. Almost all automobiles on this listing additionally noticed a optimistic year-on-year (YoY) progress in demand. Here’s an in depth take a look at how every mannequin fared in January 2024 gross sales:

Model

January 2024

January 2023

December 2023

Maruti Baleno

19,630

16,357

10,669

Tata Punch

17,978

12,006

13,787

Maruti Wagon R

17,756

20,466

8,578

Tata Nexon

17,182

15,567

15,284

Maruti Dzire

16,773

11,317

14,012

Maruti Swift

15,370

16,440

11,843

Maruti Brezza

15,303

14,359

12,844

Maruti Ertiga

14,632

9,750

12,975

Mahindra Scorpio

14,293

8,715

11,355

Maruti Fronx

13,643

9,692

Also Check Out: 10 Best Selling Car Brands Of January 2024: Hyundai Beats Tata To Regain 2nd Place

Key Takeaways

Maruti Baleno

  • The Maruti Baleno, with almost 20,000 items offered, took the highest spot in January 2024’s gross sales listing. Its year-on-year (YoY) determine went up by 20 % whereas the MoM leap almost noticed its demand double.

Tata Punch EV

  • The subsequent three top-sellers for January 2024 had been the Tata Punch, Maruti Wagon R, and Tata Nexon whose gross sales ranged between 17,000 and 18,000 items. Of the trio, the Punch witnessed the most important YoY progress of fifty %. Do word that numbers of the Punch and Nexon additionally embody gross sales of the Punch EV and Nexon EV respectively.

  • Close on the heels of the Nexon was the Maruti Dzire (the one sedan on the listing) with complete gross sales of virtually 16,800 items. Its month-on-month (MoM) gross sales shot up by 2,000-odd items.

Maruti Brezza

  • With gross sales numbers ranging between 15,000 and 16,000 items, the Maruti Swift and Maruti Brezza occupied the following two spots on the January 2024 listing. While the hatchback witnessed a YoY drop of seven %, the Brezza’s YoY quantity grew by seven %.

  • The YoY gross sales numbers of each the Maruti Ertiga and Mahindra Scorpio (consists of each Classic and Scorpio N) elevated by greater than 50 %.

  • With over 13,600 items dispatched, the Maruti Fronx made its onto this listing. Its MoM quantity jumped up by almost 4,000 items.

Read More on : Baleno AMT

UK automobile gross sales hit highest degree since pandemic in 2023

The UK had its finest 12 months for automobile gross sales because the pandemic in 2023, as greater than 1.9 million had been registered, based on new figures from the Society of Motor Manufacturers and Traders (SMMT).

Growth of 289,000 over 2022’s 30-year low of 1.6 million sales was pushed solely by fleet clients, who registered 1.1 million vehicles alone, a 38.7% rise 12 months on 12 months.

The personal market remained steady, with 818,000 registrations, as the price of residing disaster and excessive rates of interest continued to chunk and stalled additional development.

Last 12 months’s numbers had been nonetheless 17.7% down on 2019’s excessive of two.3 million.

Despite this, SMMT boss Mike Hawes says the business “faces 2024 with much more confidence and optimism” than the 12 months earlier than and predict it to push on additional to 1.97 million.

Key to the expansion was the report take-up of EVs, which accounted for one in six vehicles registered.

This was once more pushed by enterprise and fleet consumers, because of the compelling tax incentives of going electrical: benefit-in-kind tax charges will sit at simply 2% till not less than 2025.

Of the full 315,000 EVs registered in 2023 (up 50,000 on 2022), 242,235 had been despatched to fleets, that means simply 8.9% had been personal gross sales. In comparability, mixed EV gross sales in 2020 and 2021 totalled 298,932.

Meanwhile, hybrids recorded 27.1% development in 2023 to succeed in a 12.6% market share, whereas plug-in hybrids had been up 39.3% (for 7.4% of the market). 

Buyers once more confirmed desire for superminis and SUVs, which accounted for 29.8% (round 86,000) and 28.6% (82,000) of whole automobile gross sales. Crossovers such because the Ford Puma put in one other sturdy exhibiting, taking a 28.3% (81,000) slice.

These three segments have been the most well-liked since 2013.

“With vehicle supply challenges fading, the new car market is building back with the best year since the pandemic,” stated SMMT chief Mike Hawes.

“Energised by fleet investment, particularly in the latest EVs, the challenge for 2024 is to deliver a green recovery.”

Call to halve VAT on EVs

The SMMT, backed by the automotive business, has used the information to once more name on the federal government to reintroduce EV incentives for personal consumers after it revealed that client demand has flattened.

The UK is at present the one main European market with none non-business buy incentives on EVs – however is the one market with a mandated minimal gross sales goal by way of the brand new ZEV mandate.

As such, the foyer group desires Westminster to halve VAT on new EVs for 3 years, which might translate to decrease buying prices – the same degree of assist at present accessible to enterprise consumers.

These Were The Best-selling Compact And Mid-Size Hatchbacks In October 2023


Except for the Tata Tiago, all other hatchbacks in the list have shown positive growth compared to the previous month

Wagon R, Grand i10 Nios, Tiago

The compact and mid-size hatchback segment remains highly popular, and based on October 2023 sales, Maruti Suzuki continues to lead the market. The Maruti Wagon R and Maruti Swift were the top-selling hatchbacks last month. This report presents the sales data for both midsize and compact hatchbacks. Let’s delve into the detailed sales report.

Models

October 2023

October 2022

September 2023

Maruti Wagon R

22,080

17,945

16,250

Maruti Swift

20,598

17,231

14,703

Hyundai Grand i10 Nios

6,552

8,855

5,223

Tata Tiago

5,356

7,187

6,789

Maruti Celerio

4,317

4,296

3,246

Maruti Ignis

2,374

4,743

2,056

Key Takeaways

Maruti Wagon R Front

  • The top-selling cars in October 2023, the  Maruti Wagon R and Maruti Swift, are the most popular hatchbacks in the country by a significant margin. Both achieved monthly sales of over 20,000 units, showing notable improvement in both month-on-month (MoM) and year-on-year (YoY) aspects. 

  • The Wagon R alone surpassed the combined sales of Hyundai Grand i10 Nios, Tata Tiago, Maruti Celerio, and Maruti Ignis. Meanwhile, the Swift is expected to receive a major update next year, as it has already been seen testing in India.

2023 Hyundai Grand i10 Nios

  • The next best-selling hatchback on the list, the Hyundai Grand i10 Nios, secured the third position on the sales chart with over 6,500 units sold. While the Hyundai hatchback experienced a positive Month-on-Month (MoM) growth, its year-on-year (YoY) sales declined by 26 percent. It appears to be losing ground to the new Hyundai Exter, which shares the same underpinnings but features SUV-like proportions.

Also Check Out: MG Hector And Hector Plus Festive Discounts Come To An End, Still More Affordable Than Before

Tata Tiago

  • The Tata Tiago is the only hatchback in the list that has experienced declines in both MoM and YoY sales. Tata sold over 5,300 units of the Tiago in October 2023. Note that these figures also include the sales of the Tata Tiago EV.

  • The Maruti Celerio secured the fifth spot in the sales table by surpassing 4,300 unit sales in October 2023. The Celerio saw positive growth in both MoM and YoY sales. 

Also Check Out: Toyota’s Version Of The Maruti Fronx Is Likely To Launch Before April 2024

  • While Maruti Ignis showed a 15 percent MoM growth in October 2023, its YoY sales decreased by 50 percent. It occupied the last spot in the sales table with around 2,300 unit sales last month. This aged hatchback is usually available with attractive discounts if you’re interested in getting one.

Read More on : Maruti Wagon R on road price

Watch a Rare Audi RS6 Nogaro Edition by ABT Reach 194 MPH on the Autobahn

The Audi RS6 Avant Performance is known for its impressive acceleration time, going from 0-62 mph in just 3.2 seconds. However, the RS6 Nogaro Edition from the previous generation of the model is considered to be the most powerful RS6 in history.

Introduced in 2018, the RS6 Nogaro Edition was a collaboration between Audi and the tuning company ABT. Only 150 units were produced, making it a rare find. ABT modified the car’s 4.0-liter V8 engine, boosting its power to 695 hp and 649 lb-ft of torque. This upgrade enables the RS6 Nogaro Edition to achieve a 0-62 mph sprint in 3.7 seconds. The top speed is electronically limited to 199 mph with the Dynamic Package Plus, while without the package it reaches 155 mph.

These Were The 10 Highest-selling Carmakers In July 2023


Most brands have registered positive month-on-month (MoM) sales growth

The car sales figures for July 2023 are out, and Maruti Suzuki remains the top-selling carmaker in India, with a significant growth rate. Apart from Maruti, only three other carmakers – Toyota, Volkswagen, and Mahindra – have achieved a month-on-month (MoM) growth of over 10 percent. The sales distribution for the top-performing car manufacturers in India is listed in the table below:

Brands

July 2023

June 2023

MoM Growth (%)

July 2022

YoY Growth (%)

Maruti Suzuki

1,52,126

1,33,027

14.4%

1,42,850

6.5%

Hyundai

50,701

50,001

1.4%

50,500

0.4%

Tata

47,630

47,240

0.8%

47,506

0.3%

Mahindra

36,205

32,585

11.1%

27,771

30.4%

Toyota

20,759

18,237

13.8%

19,693

5.4%

Kia

20,002

19,391

3.2%

22,022

-9.2%

MG

5,012

5,125

-2.2%

4,013

24.9%

Honda

4,864

5,080

-4.3%

6,784

-28.3%

Skoda

4,207

3,966

6.1%

4,447

-5.4%

Volkswagen

3,814

3,394

12.4%

2,915

30.8%

Key Takeaways

Maruti Grand Vitara

  • Maruti Suzuki surpassed the 1.5 lakh sales mark, achieving the highest MoM growth of over 14 percent. The gap between Maruti and the second best-selling carmaker, Hyundai, is over 1 lakh units. In fact, Maruti sells more cars per month than the next three best-selling carmakers combined.

Also Read: Maruti Alto Moniker Crosses 45 Lakh Sales Milestone

  • Hyundai continues to be the second best-selling car manufacturer in India, surpassing 50,000 unit sales in July 2023. There is strong demand for Hyundai cars, likely due to the launch of the new Exter micro-SUV.

  • Tata has shown consistency in both MoM and YoY sales. The Indian carmaker is expanding its production capacity and working on facelifts for Nexon, Harrier, and Safari, which are expected to be launched next year.

Mahindra Scorpio N

  • Mahindra has achieved an MoM growth of 11 percent and a YoY growth of 30.4 percent. Mahindra plans to increase its production capacity in the next six months to reduce waiting periods on its SUVs.

  • Toyota has surpassed Kia to become the fifth best-selling carmaker in India, selling over 20,000 units in July 2023. The automaker is currently experiencing high waiting periods on its MPVs.

Also Read: Toyota Innova Crysta Gets Dearer By Up To Rs 37,000

2023 Kia Seltos X-Line

  • Kia achieved a positive MoM sales growth of 3.2 percent, but saw a YoY sales decrease of over 2,000 units. It slipped to the sixth spot in the sales table. The launch of the updated Seltos is expected to reignite sales for Kia.

  • MG is the next best-selling carmaker with over 5,000 vehicles sold. Its MoM sales declined by 2 percent, but it showed a YoY growth of nearly 25 percent.

Honda City

  • Honda experienced a decline in both MoM and YoY sales. It saw a loss of over 4 percent in MoM sales and a 28.3 percent decrease in YoY sales. However, the launch of the new Elevate SUV could improve its results significantly.

  • Both Skoda and Volkswagen made it to the top 10 list for July 2023 sales, although their sales figures were not as impressive. Together, they did not even reach the 10,000 unit sales mark. However, Volkswagen achieved the highest YoY growth of 30.8 percent.