The feat was first achieved in March 2024 the place Punch was forward on complete gross sales of 17,547 items in opposition to 16,368 items by WagonR, which was third.In March, the shock quantity two was Hyundai’s SUV Creta that accounted for 16,458 items, in response to numbers sourced from business analysts.
Punch repeated the feat in April as effectively with 19,158 items in opposition to 17,850 items of WagonR. Maruti’s Brezza SUV was the third-largest vendor within the month at 17,113 items. This maybe is likely one of the uncommon situations the place a Maruti mannequin has not been the biggest-seller within the nation. And, the truth that Punch holding on to management place for 2 straight months exhibits that the pattern could be sustained.
The numbers show altering dynamics in Indian automobile business and brings out turnaround scripted by Tata Motors over previous few years the place it moved as much as emerge because the nation’s third largest-selling automobile firm behind Maruti and Hyundai. Models akin to Punch, Nexon, Tiago and Altroz have fuelled the comeback.
There had been months in FY24 the place Tata pipped Hyundai to second place and lots of predict the corporate could emerge because the second-largest vendor, contemplating the tempo at which it’s launching vehicles and its dominance in electrical automobile area.
Punch has petrol, CNG and electrical variations and its worth begins from Rs 6.1 lakh (ex-showroom Delhi) for petrol variations and above Rs 11 lakh for electrical.
However, Maruti nonetheless dominates Indian market. This is obvious from the truth that in March, six out of high 10 most-selling fashions had been from Maruti and this quantity was seven in April. Maruti continues to see robust traction within the retail market because it adjusts manufacturing of fashions consistent with ready intervals for particular person vehicles, which impacts gross sales of sure automobiles, say analysts.
Tata, nonetheless, is on a excessive, and the arrogance is simply rising as its fashions get increased acceptance in market. The firm has been including electrics to present fashions, whereas additionally wanting at driving in ‘born electrical’ or pureplay inexperienced vehicles.
