Car Sales April 2024 – Maruti, Hyundai, Tata, Mahindra, Kia, Toyota, MG, Honda, VW, Skoda
In the realm of India’s bustling automotive industry, April 2024 brought a mixed bag of sales performance across various car manufacturers. Car sales data for the month, reveals intriguing insights into consumer preferences and market dynamics. While the overall industry saw a modest growth of 1.68% compared to April 2023, individual performances varied widely, reflecting the dynamic nature of the Indian automotive market.
Maruti Suzuki continued its reign as the undisputed leader, albeit with a marginal growth of 0.46% compared to April 2023. The company sold 1,37,952 units, consolidating its stronghold with a significant market share of 40.93%. Maruti sales could get a boost with the launch of new Swift this month.
Hyundai, securing the second position, witnessed a modest growth of 1.01%, selling 50,201 units. Meanwhile, Tata Motors followed closely, experiencing a healthy 1.86% growth, with 47,883 units sold.
One of the most notable performances came from Mahindra, which saw a remarkable surge of 18.20% in sales compared to the same period last year. With 41,008 units sold, Mahindra showcased strong consumer demand for its offerings, securing a substantial 12.17% market share.
Toyota emerged as one of the top performers in April 2024, with a notable growth of 32.04%, selling 18,700 units. This surge can be attributed to Toyota’s strategic product lineup and effective marketing strategies. Kia experienced a significant decline of 13.99%, selling 19,968 units, while Honda witnessed a notable drop of 18.11%, selling 4,351 units. Both companies faced challenges in retaining their market positions amidst evolving consumer preferences.
MG witnessed a slight decline of 1.45%, selling 4,485 units, maintaining a modest market share of 1.33%. Renault faced a decrease of 14.25%, selling 3,707 units, while Volkswagen saw a marginal growth of 0.56%, selling 3,049 units. Skoda struggled, facing a notable drop of 35.67%. Nissan experienced a slight decline of 8.14%, selling 2,404 units, while Citroen and Jeep encountered significant challenges, with Citroen witnessing a staggering decline of 59.72% and Jeep experiencing a notable drop of 32.44%.
When taking a look at the Month on