Federation of Automobile Dealers Association (FADA) has released the report of vehicles sold in October 2024. According to this, 28 lakh 32 thousand 944 vehicles were sold in the Indian auto market last month with a growth of 32.14% on annual basis. Whereas in October last year, 21 lakh 43 thousand 929 vehicles were sold.
The highest growth of 36.34% has been seen in the sales of two wheelers. Last month, a total of 20 lakh 65 thousand 095 two wheelers were sold in the country, in which Hero MotoCorp was at number one with sales of 5 lakh 76 thousand 532 two wheelers. A year ago, a total of 15 lakh 14 thousand 634 two-wheelers were sold.
At the same time, the commercial segment has seen a growth of 6.37% annually, in which Tata Motors is at the first position with sales of 30,562 vehicles. Maruti Suzuki is at number one position in passenger vehicle sales.
Maruti Suzuki sold maximum 1.99 lakh cars
Talking about passenger vehicles, Maruti Suzuki has sold the maximum 1.99 lakh cars. With this, the market share of Maruti Suzuki has increased from 40.48% to 41.33% on an annual basis. In October last year, the company had sold 1.47 lakh cars.
Graphics Source: VaskarAssets