India Passenger Car Gross sales Up 4% To three.5 Lakh Items In November 2024 | Auto Information
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India Passenger Car Gross sales In November 2024: The passenger automobile (PV) gross sales in India elevated about 4 per cent (year-on-year) at 3,50,000 items within the month of November, information confirmed on Monday. The whole home PV wholesales stood at 335,954 items final month, pushed by strong demand throughout the marriage ceremony season, growing personal consumption and SUV gross sales. If we have a look at the January-November interval, PV gross sales stood at 39,80,000 items, 4.1 per cent greater than 38,21,000 items bought in the identical 11-month interval in 2023.
In November, Maruti Suzuki India bought a complete of 181,531 items, together with home gross sales of 144,238 items, in opposition to 1,34,158 items within the year-ago month which is a progress of 5.5 per cent. In line with the nation’s largest automaker, the November gross sales had been pushed by a mix of a number of elements together with the momentum of October continued in November, continued traction in in rural market, ongoing marriage ceremony season demand and elevated gross sales of SUVs, and good response for restricted version fashions.
Maruti Suzuki India’s rural penetration elevated to 48.7 per cent in November — 2.2 per cent greater than the identical month final yr.
Mahindra & Mahindra Ltd. (M&M Ltd.) noticed its total auto gross sales for the month of November at 79,083 automobiles. Within the Utility Automobiles phase, Mahindra bought 46,222 automobiles within the home market, a progress of 16 per cent.
Veejay Nakra, President, Automotive Division, M&M Ltd, mentioned the month noticed the launch of electrical origin SUVs – the BE6e and XEV9e. “The go-to-market for these electrical origin SUVs will begin in a phased method within the later a part of January 2025. Deliveries will begin in the direction of the tip of February or early March 2025,” he knowledgeable.
Tata Motors registered a 2 per cent year-on-year improve in passenger automobile gross sales at 47,117 items. Hyundai Motor India’s home gross sales had been at 48,246 items whereas export gross sales stood at 13,006 items throughout the month. The corporate registered a marginal decline in complete gross sales.
Toyota Kirloskar Motor (TKM) registered a month-to-month gross sales quantity of 25,586 items in November 2024, representing a 44 per cent improve over the 17,818 items bought in the identical month final yr.