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.
Due to the extreme heat which broke records, the number of walk-ins to showrooms dropped by around 18%.
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.
Maruti Suzuki clocked wholesales of 1.37 lakh units, cornering a market share of 40.8%.
Two-wheeler EV sales surged due to the expiration of the FAME 2 subsidy on March 31.
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.
Hybrid is not really the technology for the future that EV is, says Mahindra Group CEO Anish Shah
SUVs in particular saw strong demand, with extended waiting periods for key models.