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Automobile company Maruti Suzuki has sold a record 1,81,782 vehicles in August 2024. However, it has decreased by 4% compared to last year. The company sold 1,89,082 vehicles in August 2023.
Maruti Suzuki India Limited sold 1,43,075 vehicles in the passenger vehicle segment as against 1,56,114 vehicles last year. This too has decreased by 8% on an annual basis. Recently, many companies in the country had increased the prices of vehicles by 3%.
Tata Motors’ vehicle sales declined by 8%
At the same time, Tata Motors has sold 71,693 vehicles in the wholesale market in August 2024. There has been a decrease of more than 8% on an annual basis. In August last year, the company sold 78,010 vehicles.
In August, Tata Motors sold 70,006 vehicles in the domestic market while 1687 vehicles were sold abroad through export. The company sold 25,864 commercial vehicles in the domestic market during this period, a decrease of 16% compared to last year.
Tata sold a total of 71,693 vehicles in August
|
Vehicle Category |
August 2024 | August 2023 | % Annual Change |
| Commercial Domestic | 25,864 | 30,748 | -16% |
| Commercial Exports | 1,343 | 1,329 | 1% |
| Passenger Domestic | 44,142 | 45,513 | -3% |
| Passenger Exports | 344 | 420 | -18% |
| Total Sale | 71,693 | 78,010 | -8.09% |
Hyundai Motors will launch Alcazar model
Hyundai Motors India Limited (HMIL) has also seen a growth of 8% in vehicle sales. The company sold 49,525 vehicles in August 2024, while Hyundai sold 53,830 vehicles in the same month last year. The company’s whole-time director Tarun Garg said that models like Creta, Venue and Exeter contributed 66.8% to the company’s total sales. Tarun said that the company may launch Alcazar soon.
Mahindra & Mahindra sales increased by 16%
Mahindra & Mahindra’s passenger vehicle sales in the domestic market grew 16% to 43,277 last month (August 2024). It was 37,270 in August last year. Veejay Nakra, President, Automotive Division, M&M Limited, said, ‘With Thar Rocks, we are working towards making the Thar franchise the number 1 SUV franchise by volume within the next 3 to 5 years.’
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More than 2.45 crore vehicles sold in FY24: Maruti sold the most 16 lakh cars, Hero MotoCorp tops in two-wheelers
Federation of Automobile Associations (FADA) has released the report of vehicles sold in the financial year 2024 and March 2024. According to this, a total of 2 crore 45 lakh 30 thousand 334 vehicles were sold in FY24, which is 10.29% more than the previous financial year. 2 crore 22 lakh 41 thousand 361 vehicles were sold in FY23.
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