Maruti Suzuki sold 19,190 units of the Breeze in August, ahead of Hyundai’s flagship SUV Creta, which sold around 16,760 units.
While Crete fell to third place on the best-seller list last month, Tata MotorsThe popular Punch model fell to fifth position with sales of around 15,640 units.
Interestingly, of the five best-selling vehicles in the local market last month, four were utility vehicles. In a market where small cars once ruled the roads, there was only one high-volume vehicle from the hatchback segment: the Maruti Suzuki. R wagon with sales of 16,450 units.
Maruti Suzuki also took second place last month with MPV Ertiga, of which 18,580 units were sold.
In total, up to six models: Brezza, ErtigaWagonR, Swift, Baleno, Fronx-the best-sellers list belonged to Maruti Suzuki in August. Tata Motors had two vehicles, while Mahindra & Mahindra and Hyundai Motor India had one SUV each. SUVs remained the most popular vehicle, comprising six of the top-selling vehicles in the country last month. According to industry estimates, SUVs accounted for as much as 55% of all cars sold in the local market in fiscal 2024, up from 50.4% earlier this fiscal and 43% in fiscal 2023. Three Maruti Suzuki hatchbacks — WagonR, Swift and Baleno — figured in the top-sellers list in August. Hatchbacks accounted for about 30% of all cars sold last month, with the rest of the volume coming from sedans and MPVs. Suzuki MarutiThe Ertiga was the only representative of the category on the best-seller list, with its CNG variants especially showing strong traction among customers.
India’s automobile sales in FY24 grew nearly 9% year-on-year to a record 4.23 million units, helped by improving supplies and sustained demand, consolidating the country’s position as the world’s third-largest market for passenger vehicles.
But not all categories performed well: Hatchbacks’ share of total sales declined to 28% in the last fiscal year, from about 34% in fiscal 2023, while that of sedans dropped by more than 100 basis points to 9%. This is reflected in the mix of models that made it to the top 10 list in recent months.
Sales have moderated, off a high base, in the first five months of the current fiscal year.
Automakers expect the industry to end the fiscal year with single-digit growth.
Disclaimer:
The information contained in this post is for general information purposes only. We make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the post for any purpose.
We respect the intellectual property rights of content creators. If you are the owner of any material featured on our website and have concerns about its use, please contact us. We are committed to addressing any copyright issues promptly and will remove any material within 2 days of receiving a request from the rightful owner.