Maruti and Mahindra proceed to be on the identical positions because the earlier month
The automotive gross sales figures of December 2023 are out and the market has witnessed a drop in gross sales in comparison with November 2023. After the festivities of October, the gross sales numbers continued to witness a drop and the yr finish was no exception. However, this time we’ve seen a change within the positions of the highest performing manufacturers, as Tata rose to the second place by surpassing Hyundai in gross sales. Here is an in depth evaluation of the gross sales figures of December 2023.
|
Brand |
December 2023 |
November 2023 |
MoM Growth (%) |
December 2022 |
YoY Growth (%) |
|
Maruti Suzuki |
1,04,778 |
1,34,158 |
-21.9 |
1,12,010 |
-6.5 |
|
Tata |
43,471 |
46,070 |
-5.6 |
40,045 |
8.6 |
|
Hyundai |
42,750 |
49,451 |
-13.6 |
38,831 |
10.1 |
|
Mahindra |
35,171 |
39,981 |
-12 |
28,333 |
24.1 |
|
Toyota |
21,372 |
16,924 |
26.3 |
10,421 |
105.1 |
|
Kia |
12,536 |
22,762 |
-44.9 |
15,184 |
-17.4 |
|
Honda |
7.902 |
8,730 |
-9.5 |
7,062 |
11.9 |
|
Volkswagen |
4,930 |
3,095 |
59.3 |
4,709 |
4.7 |
|
Skoda |
4,670 |
3,783 |
23.4 |
4,789 |
-2.5 |
|
MG |
4,400 |
4,154 |
5.9 |
3,899 |
12.8 |
|
Total |
2,81,980 |
3,29,108 |
2,65,283 |
Key Takeaways
-
Maruti Suzuki’s efficiency declined in each month-on-month (MoM) and year-on-year (YoY) gross sales. While it nonetheless held the highest spot in December 2023 with over 1 lakh models bought, the MoM and YoY figures dropped by virtually 22 % and 6.5 %, respectively.
-
In a change of occasions, Tata outperformed Hyundai in December 2023 and rose to the second place. With gross sales of over 43,000 models, its YoY figures grew purchase 8.6 %, however the MoM figured witnessed a 5.6 % drop.
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-
Hyundai dropped to the third place with gross sales of over 42,000 models in December 2023. While its YoY figures rose by over 10 %, the drop in MoM gross sales was greater than 13.5 %.
-
Mahindra remained in the identical place as in November 2023 and witnessed a MoM gross sales drop of 12 %. The carmaker bought somewhat over 35,000 models in December 2023.
Also Read: Toyota Innova Crysta, Innova Hycross, And Urban Cruiser Hyryder Now Up To Rs 42,000 Costlier
-
Kia witnessed virtually a forty five % decline in month-to-month gross sales in December 2023 and its yearly gross sales additionally dropped by over 17 %. It was the final model on this listing to cross the ten,000 models gross sales mark.
-
Honda retained its place with gross sales of shut to eight,000 models. Its MoM gross sales figures declined by virtually 10 %, however the YoY numbers rose by virtually 12 %.
-
Both Volkswagen and Skoda rose one place this month with gross sales of 4,930 models and 4.670 models, respectively. Volkswagen noticed an increase in each MoM and YoY gross sales, whereas Skoda solely noticed a month-to-month gross sales improve.
-
Lastly, MG dropped to the tenth place in December 2023, regardless of each its MoM and YoY figures having elevated.