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The wholesale gross sales of passenger automobiles (automobiles) in India reached an all-time excessive within the monetary 12 months 2023-24, totalling greater than 42 lakh items. This surge was notably notable within the gross sales of Sports activities Utility Automobiles (SUVs), which accounted for a good portion of the general gross sales. Learn right here to know extra in regards to the annual gross sales of Maruti Suzuki, Hyundai and Tata Motors.
Maruti Suzuki
Maruti Suzuki India emerged because the chief on this record-breaking interval, reporting the very best annual home gross sales of 17,93,644 items. Moreover, the corporate achieved a document export determine of two,83,067 items, crossing the 20 lakh items mark in whole annual gross sales.
Hyundai Motor India
Hyundai Motor India secured the second place with its highest-ever gross sales of seven,77,876 items in FY 2023-24, marking an 8% enhance from the earlier monetary 12 months. The corporate additionally noticed a 7% development in exports, reaching 1,63,155 items.
Tata Motors
Tata Motors maintained its sturdy efficiency, rating third with 5,73,495 items of passenger automobile gross sales in FY 2023-24, a 6% enhance from the earlier 12 months. Shailesh Chandra, Managing Director of Tata Motors Passenger Automobiles, highlighted that this was the very best gross sales determine for the third consecutive 12 months, together with electrical automobiles (EVs).
This record-breaking efficiency of vehicle giants displays the rising demand for automobiles and SUVs within the Indian market
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