Maruti Suzuki and Hyundai are among the Top PV sellers in India

By Consultants Review Team Tuesday, 12 December 2023

Maruti Suzuki (MSI) sold over 1.34 lakh passenger cars (PVs) in the last month, compared to over 1.32 lakh in the same period last year. Maruti Suzuki Alto, Maruti Suzuki Spresso, Maruti Suzuki Baleno, Maruti Suzuki Celerio, and Maruti Suzuki Ciaz are among the best-selling PVs in India.

Hyundai Motor India came in second with 49,451 PV sales in November 2023, compared to 48,002 PV sales in November last year. Among the best-selling PVs during this time were the Hyundai Grand i10, Hyundai i20, Hyundai Aura, Hyundai Santro, and Hyundai Verna.

This month's top PV sales included M&M (39,981 units), Kia Motors (22,762 units), and Toyota Kirloskar Motor (16,902 units). More than 27 units of passenger vehicles were sold between April and November 2023, compared to over 25.04 lakh units sold during the same period last year.

While MSI sold 11.75 lakh passenger car units during this time period, Hyundai Motor sold over 4.11 lakh passenger vehicle units from April to November 2023-24. During this time period, Mahindra, Kia Motors, and Toyota Kirloskar Motor sold 2.98 lakh, 1.67 lakh, and 1.52 lakh units, respectively. Tata Motors, on the other hand, sold 2.84 lakh vehicles between April and November 2023-24.

In November of this year, green shoots were also noticed in the three-wheeler and two-wheeler categories. In November of last year, 59,738 three-wheelers were sold, an increase of more than 30% over November of the previous year. A total of 45,664 three-wheelers were sold in November 2022.

In the last month, a total of 16.23 lakh two-wheelers were sold, a 31.3 percent increase over the 12.36 lakh units sold in the same period last year.

"In November 2023, passenger vehicles posted the highest ever sales of 3.34 lakh units, albeit with a growth rate of 3.7% against a high base last November." Three-wheelers increased by 30.8 percent over the previous year, with sales of around 0.60 lakh units in November 2023, slightly behind the peak of November 2017. "Sales of two-wheelers were also around 16.23 lakh units, up 31.3 percent from November 2022 and slightly below the peak of November 2018," SIAM Director General Rajesh Menon said.


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