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Maruti, Hyundai and TVS witness single-digit gross sales progress whereas Mahindra, Toyota see double-digit progress in Could; MG Motors experiences decline

Maruti Suzuki India (MSIL), the nation’s largest passenger automobiles maker, on Saturday reported complete home gross sales of 1,44,002 items in Could, a year-on-year (Y-o-Y) marginal progress as in contrast with 1,43,708 items in the identical month final yr.

Gross sales of the mini section (Alto and S-Presso) declined to 9,902 items through the month as in contrast with 12,236 items in Could 2023 and that of the compact section (like Baleno, Swift, WagonR) too declined to 68,206 items in opposition to 71,419 items in the identical month final yr.

  • Additionally learn: Passenger car gross sales edge up in April regardless of high-base yr

Nonetheless, home gross sales of utility automobiles (like Brezza, Grand Vitara and Ertiga) continues to develop with 54,204 items as in contrast with 46,243 items within the corresponding month final yr.

Its complete exports declined by 34.40 per cent Y-o-Y to 17,367 items through the month as in opposition to 26,477 items within the corresponding month final yr.

Equally, Hyundai Motor India (HMIL), registered home gross sales of 49,151 items in Could, a year-on-year (Y-o-Y) progress of 1.13 per cent as in contrast with 48,601 items in similar month final yr.

In exports, the gross sales grew 31 per cent Y-o-Y to 14,400 items through the month as in opposition to 11,000 items in Could 2023.

“Now we have maintained a wholesome complete gross sales quantity in Could 2024, regardless of a week-long routine bi-annual upkeep shutdown at our Sriperumbudur manufacturing unit. SUVs proceed to be a progress driver for HMIL, accounting for greater than 67 per cent of home gross sales final month. Our rural penetration stood at a wholesome 20.1 per cent in Could,” Tarun Garg, Chief Working Officer, HMIL, stated.

‘Seltos’ maker Kia India additionally registered single digit progress (5 per cent) in its gross sales to 19,500 items in Could as in contrast with 18,766 items within the corresponding month final yr.

“To date on this yr, we’ve been aggressive in introducing new aggressive variants of our fashions, which has contributed considerably to our gross sales. With a sturdy community enlargement technique in place, we will proceed to develop in the remainder of the yr and cross one-million home gross sales milestone quickly,” Hardeep Singh Brar, Senior Vice President and Head Gross sales & Advertising at Kia India, stated.

In the meantime, Mahindra & Mahindra (M&M) reported a Y-o-Y progress of 17 per cent to 43,218 items in Could as in contrast with 32,883 items within the corresponding month final yr. “We offered a complete of 43,218 SUVs in Could, a progress of 31 per cent and 71,682 complete automobiles, a 17 per cent progress over final yr,” Veejay Nakra, President, Automotive Division, M&M stated.

Equally, Toyota Kirloskar Motor (TKM) reported month-to-month gross sales of 25,273 items in Could, representing a Y-o-Y progress of 24 per cent as in comparison with 20,410 items offered in Could 2023. 

“Our unrelenting customer-centric method has impressed us to remain forward of the curve by understanding the varied wants of our prospects and providing a various array of services. We are going to proceed to energise our customer-centricity by enhancing touchpoints and curating revolutionary value-added companies aimed toward creating pleasant possession experiences,” Sabari Manohar, Vice President, Gross sales-Service-Used Automobile Enterprise, TKM stated.

‘Comet’ maker MG Motor India stated it offered 4,769 automobiles through the month, a Y-o-Y decline of 5 per cent as in contrast with 5,006 items within the corresponding month final yr.

Within the two-wheeler section, TVS Motor firm registered a progress of seven per cent Y-o-Y in its home gross sales to 2,71,140 items in Could as in opposition to 2,52,690 items in Could 2023.  



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