November Car Sale: The current wedding season, sustained demand in rural regions, and strong interest in sports utility vehicles (SUVs) have resulted in a rise in passenger vehicle sales within the domestic market in November 2024. Maruti Suzuki India reported sales of 1,41,312 passenger vehicles last month, reflecting a 5 percent increase from the 1,34,158 units sold in November 2023. Sales of passenger vehicles, which encompass electric vehicles, from Tata Motors increased by 2 percent year-on-year to reach 47,063 units. Nonetheless, the sales of domestic passenger vehicles for newly listed Hyundai Motor India fell by 2 percent year-on-year to 48,246 units last month.
Rise in Toyota and MG Motor cars sales
The total sales of the company increased by 44 percent to reach 25,586 units. JSW MG Motor increased vehicle sales by 20 percent.
Nov 2024 Auto Sales Data
Mixed set this time
Standout Numbers from TVS Motors & Maruti Suzuki on the positive side
TVS Motor sales up 10% YoY
Maruti Sales also up 10% YoY
Hero Moto numbers disappoint
In E-2W
OLA Market share dips to 25% vs 30% MoM
While, Bajaj Auto, TVS, Greaves… pic.twitter.com/gVsN4NSGla— Srishti Sharma Verma (@SrishtiSharma_) December 2, 2024
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High demand for Maruti Suzuki cars
Maruti Suzuki India’s Senior Executive Officer (Marketing and Sales) Partho Banerjee stated that there has been a rise in vehicle demand from rural regions. In November, the company’s rural coverage rose by 2.2 percent to 48.7 percent. Simultaneously, Hyundai Motor India recorded its highest monthly rural contribution of 22.1 percent last month. Concerned the urban market, Banerjee additionally mentioned that we are not witnessing the same appeal as we did in October. City shoppers often anticipate December for end-of-year deals.
