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Top 10 Bestselling Car Brands In India (April 2024) - Maruti Suzuki Continues Domination
April 2024 saw 337,068 new vehicles exit showrooms and enter homes in India. While Year-over-year (Y-o-Y) numbers rose by 1.68 per cent (5,562 units) compared to April 2023, Month-over-Month (M-o-M) sales dropped by 8.75 per cent (32,313 units) compared to March 2024.
The nation's top 5 carmakers - Maruti Suzuki, Hyundai, Tata Motors, Mahindra and Kia continued their domination of the sales charts. The five carmakers accounted for just over 88 per cent of all new cars sold in the country.
Let's take a look at the top 10 carmakers in India for April 2024 as well as the other players in the Indian passenger vehicle scene...
1) Maruti Suzuki - 137,952 Units
The nation's largest carmaker continued its domination of the hearts and wallets of the Indian public shipping out 137,952 units in April 2024. Maruti Suzuki's Y-o-Y numbers rose by 632 units (0.46 per cent) compared to April 2023 but M-o-M numbers dropped by 14,766 units (9.67 per cent) compared to March 2023.
2) Hyundai - 50,201 Units
South Korean carmaker Hyundai maintained its grip on second place selling 50,201 new cars and SUVs in April 2024. Hyundai's Y-o-Y numbers were up by just 500 units compared to April 2023 (1.01 per cent) but M-o-M numbers dropped by 2,800 units (5.28 per cent) compared to March 2024.
3) Tata Motors - 47,883 Units
Tata Motors continued its tussle with Hyundai in April 2024 but ended up in 3rd place again, selling 47,883 new vehicles in April 2024. Tata's Y-o-Y numbers were up by 876 units (1.86 per cent) compared to April 2023 but its M-o-M numbers dropped by 2,222 units (4.43 per cent) compared to March 2024.
4) Mahindra - 41,008 Units
Mahindra was the only carmaker to be totally in the black in April 2024, selling a total of 41,008 vehicles. Y-o-Y sales figures rose by 6,314 units (18.2 per cent) compared to April 2023 while M-o-M figures were up slightly, rising by 377 units (0.93 per cent).
5) Kia - 19,968 Units
Kia was one of many carmakers that saw their sales dip in April 2024 with the South Korean firm selling 19,968 units last month. Y-o-Y numbers dipped by 3,248 units (13.99 per cent) compared to April 2023 while M-o-M numbers fell by 1,432 units (6.69 per cent) compared to March 2024.
The Other Players
Toyota dropped to 6th place on the sales charts with the Japanese firm selling 18,700 units last month. While Y-o-Y figures were up by 4,538 units compared to April 2023, M-o-M numbers were in the red, dropping by 6,419 units (25.55 per cent) compared to March 2024.
Chinese-owned British marque MG Motor sold a total of 4,485 units in April 2024. MG's numbers were in the red though with Y-o-Y figures down by 66 units (1.45 per cent) compared to April 2023, while M-o-M numbers dipped by 163 units (3.51 per cent) compared to March 2024.
Honda had another month in the red with the Japanese firm selling 4,351 units last month. Y-o-Y sales dropped by 18.11 per cent (962 units) compared to April 2023 and M-o-M numbers dropped by 38.47 per cent (2,720 units) compared to March 2024.
Renault finished April, 9th overall on the sales charts, selling 3,707 cars last month. The French carmaker though was in the red with Y-o-Y numbers down by 616 units (14.25 per cent) compared to April 2023, while M-o-M figures fell by 518 units (12.26 per cent) compared to March 2024.
Volkswagen rounded off the top 10, selling 3,049 units in April 2024. The German firm's Y-o-Y numbers were in the black, rising by 17 units (0.56 per cent) compared to April 2023. M-o-M figures, on the other hand, dipped by 480 units (13.6 per cent) compared to March 2023.
Skoda and Nissan took the 11th and 12th spots on the sales charts selling 2,579 and 2,404 units respectively. Stellantis group carmakers Citroen and Jeep rounded off the numbers, selling 404 and 377 units in April.
Final Thoughts About The PV Sales Numbers for April 2024
The Indian passenger vehicle market contracted by 8.75 per cent in April when compared to the final month of the previous financial year. This was thanks to the fact that there were a whole lot less enticing offers trying to get customers into showrooms last month. And while Y-o-Y numbers were in the black, the actual increase was rather minuscule compared to the actual number of vehicles sold last month.
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