Maruti Suzuki, Tata Motors, and M&M post PV sales growth YoY in Nov; Hyundai records decline
Deccan ChronicleIndia's passenger vehicle market witnessed varied performance across major automakers in November 2024.While Maruti Suzuki, Mahindra & Mahindra, and Tata Motors posted year-on-year growth, Hyundai faced challenges in its domestic market.Maruti Suzuki, the country's largest carmaker, reported strong growth in total passenger vehicle sales, reaching 141,312 units during the month. However, the company's sales in October 2024 were higher at 159,591 units, indicating a month-on-month decline.In November 2024, Maruti Suzuki India Limited recorded total vehicle sales of 181,531 units. The company sold 74,753 vehicles in November 2024, up from 74,172 units in November 2023.In the passenger vehicle segment, including electric vehicles, Tata Motors achieved total sales of 47,117 units, a 2 per cent year-on-year increase from 46,143 units in November 2023.On the other hand, Hyundai Motor India Limited saw a slight decline in its domestic sales. The company reported domestic sales of 48,246 units in November 2024, down by 2.4 per cent from 49,451 units sold in November 2023.However, its overall performance, including exports, remained robust.