NEW DELHI: The nation’s main carmakers reported their greatest-ever month-to-month gross sales within the native market as wholesale volumes had been up by greater than 13% to three,94,571 models in January, with sellers pushing stock after clearing shares in yr-finish gross sales.
Prior to this, passenger car gross sales had hit an all-time excessive of 391,811 models in October 2023. Top gamers reminiscent of Maruti Suzuki, Hyundai India and Tata Motors reported sturdy gross sales within the month, indicating that demand continues to stay wholesome.
Maruti offered 1.6 lakh automobiles within the home market in opposition to 1.5 lakh models in the identical month final yr, senior government officer (gross sales & advertising) Shashank Srivastava mentioned. Hyundai had a 14% progress with gross sales of 57,115 models. Hyundai India COO Tarun Garg mentioned that demand stays sturdy for the corporate’s SUVs reminiscent of Creta and Exter. “Going forward, we continue to be cautiously optimistic about the momentum of the auto industry in 2024.” Mahindra’s gross sales had been up 30% at 43,068 models.
Prior to this, passenger car gross sales had hit an all-time excessive of 391,811 models in October 2023. Top gamers reminiscent of Maruti Suzuki, Hyundai India and Tata Motors reported sturdy gross sales within the month, indicating that demand continues to stay wholesome.
Maruti offered 1.6 lakh automobiles within the home market in opposition to 1.5 lakh models in the identical month final yr, senior government officer (gross sales & advertising) Shashank Srivastava mentioned. Hyundai had a 14% progress with gross sales of 57,115 models. Hyundai India COO Tarun Garg mentioned that demand stays sturdy for the corporate’s SUVs reminiscent of Creta and Exter. “Going forward, we continue to be cautiously optimistic about the momentum of the auto industry in 2024.” Mahindra’s gross sales had been up 30% at 43,068 models.
