Maruti Suzuki sales rise; Tata Motors sees decline
Tata Motors and Hyundai Motor India, the country's second-largest carmaker, saw a decline in total sales in June 2024.
Tata Motors and Hyundai Motor India, the country's second-largest carmaker, saw a decline in total sales in June 2024.
Maruti Suzuki India Ltd's domestic passenger vehicle wholesales came in flat at 1.44 lakh units in May 2024 as against 1.43 lakh units in the same month last year.
The two-wheeler segment saw notable growth due to improved supply and the increasing demand for 125cc models, says FADA.
Maruti Suzuki clocked wholesales of 1.37 lakh units, cornering a market share of 40.8%.
India's largest carmaker Maruti Suzuki clocks highest-ever sales in FY24
Passenger cars marked the highest February sales figures ever, driven by new product introductions and enhanced vehicle availability, says FADA
Tata Motors registers 20% rose in domestic passenger vehicle sales
Moody's says the global car industry will hit the past peak of 95 million vehicles by 2026.
SUVs in particular saw strong demand, with extended waiting periods for key models.
Passenger vehicles and two-wheelers set new all-time highs.