Automobile company Maruti Suzuki has sold a record 1,81,782 vehicles in August 2024. However, it has decreased by 4% compared to last year. The company sold 1,89,082 vehicles in August 2023. Maruti Suzuki India Limited sold 1,43,075 vehicles in the passenger vehicle segment as against 1,56,114 vehicles last year. It has also declined by 8% year-on-year. Recently many companies in the country increased the prices of vehicles by 3%. Tata Motors vehicle sales down 8% At the same time, Tata Motors sold 71,693 vehicles in August 2024 in the wholesale market. There has been a decline of over 8% year-on-year. In August last year, the company sold 78,010 vehicles. In August, Tata Motors sold 70,006 vehicles in the domestic market while selling 1687 vehicles overseas through exports. The company sold 25,864 commercial vehicles in the domestic market during the period, a decline of 16% compared to last year. Tata sold a total of 71,693 vehicles in August Hyundai Motors to launch Alcazar model Hyundai Motors India Limited's (HMIL) vehicle sales also saw an increase of 8%. The company sold 49,525 vehicles in August 2024 as compared to 53,830 Hyundai vehicles sold in the same month last year. The company's whole-time director Tarun Garg said models like Creta, Venue and Exeter contributed 66.8% to the company's total sales. Tarun said that the company may launch Alcazar soon. Mahindra & Mahindra sales up 16% Mahindra & Mahindra's passenger vehicle sales in the domestic market rose 16% last month (August 2024) to 43,277. It was 37,270 in August last year. “With Thar Rocks, we are working to make the Thar franchise the No. 1 SUV franchise by volume in the next 3 to 5 years,” said Vejay Nakara, President, Automotive Division, MM Limited. Toyota Kirloskar sales up 35% Toyota Kirloskar Motor (TKM) sold 30,879 vehicles. There has been an increase of 35% year-on-year. According to Toyota Kirloskar Motor Vice President Sabari Manohar, sales of SUVs and MPVs are contributing significantly to the company's total sales. “Interestingly, this trend is not limited to the big cities, but has extended to tier-2 and tier-3 markets as well,” said Manohar.
Image Credit: (Divya-Bhaskar): Images/graphics belong to (Divya-Bhaskar).
Maruti Suzuki sells 1.82 lakh vehicles in August: This is 4% less than last year, Tata Motors sales also fall by 8%
