March 2024: High-selling producers in home market
Maruti Suzuki reported a major uptick in home passenger automobile gross sales for March 2024, with a development of 15 %. The corporate offered 1,52,718 items in comparison with 1,32,763 items in the identical interval final 12 months.
Tata Motors additionally witnessed a surge in passenger automobile gross sales, together with electrical autos, within the home market. Gross sales stood at 50,297 items in March, up by 14 % from 44,225 items within the corresponding interval final 12 months.
Hyundai India celebrated its highest-ever annual gross sales throughout the fiscal 12 months 2023-24, reaching 777,876 items. In March 2024 alone, Hyundai offered 65,601 items, reflecting a 7 % development in comparison with the identical month final 12 months.
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Mahindra reported an increase in month-to-month gross sales, with 40,631 passenger autos offered within the home market, marking a 13 % enhance over March 2023.
Honda Automobiles India reported month-to-month home gross sales of seven,071 items in March 2024, together with export numbers of 6,860 items. Compared, the corporate offered 6,692 items domestically and exported 3,189 items in March 2023.
However, MG Motor India skilled a year-on-year decline in gross sales for March 2024, with 4,648 items offered in comparison with 6,051 items in March 2023, marking a lower of over 23 %.
Toyota offered 25,119 autos in India and exported 2,061 items. In comparison with the identical interval final 12 months, this represents a considerable year-on-year enhance of 25 %, up from gross sales of 21,783 items.
