Auto Sales November 2024: Maruti Suzuki, Toyota, Tata Witness Growth; Hyundai Registers Dip

Automakers in India have reported their individual sales numbers for the month of November 2024. Companies such as Maruti Suzuki, Tata Motors and Toyota India reported increases in their sales numbers, while Hyundai India’s sales declined respectively. Here is a look at how the brands performed.

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Maruti Suzuki

Maruti Suzuki's domestic passenger vehicle sales for the month amounted to 1,41,312 units

Maruti Suzuki registered cumulative sales of 1,81,531 units (light commercial vehicles (LCV) included) in November 2024, reporting a year-on-year increase of 10.39 per cent. This figure is, however, significantly lower than its sales number in October 2024 when the company sold 2,06,434 units, its highest-ever monthly sales figure. The automaker’s domestic passenger vehicle sales for the month amounted to 1,41,312 units, 5.33 per cent higher than the sales figure in November 2023. The company also sold 8,660 units to Toyota, as part of its global alliance, and recorded exports of 28,633 units, up from 22,950 units during the same month last year. 

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Hyundai India

Hyundai's cumulative sales figure in India for November 2024 stood at 61,252 units, down from 65,801 sales in November 2023

Hyundai India’s sales dwindled in November 2024, as the company reported a year-on-year decline of 6.9 per cent. The Korean automaker’s cumulative sales figure in India for the month stood at 61,252 units, down from 65,801 sales in November 2023. When compared to the previous month, sales declined by 12.5 per cent, down from 70,078 units. The sales number in November 2024 consisted of 48,246 sales in the domestic market (down by 2.4 per cent, year-on-year) and 13,006 exports (down by 20.5 per cent, year-on-year). 

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Tata Motors

Tata's EV sales went up by 9 per cent in November 2024

Tata Motors’s total passenger vehicle sales for November 2024 stood at 47,117 units, representing a mere 2 per cent increase in sales over the same month in 2023. The sales figure is, however, 2.69 per cent lower than the automaker’s sales in October 2024. A positive point to note from Tata Motors’ sales is that the sale of its all-electric passenger vehicle range is up by 9 per cent, amounting to 5202 units for the month. Cumulative sales for the brand (including commercial business) accounted for 74,753 units compared to 74,172 units during October 2023.

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Toyota Kirloskar Motor

The Toyota Innova Hycross and Urban Cruiser Hyryder achieved 1 lakh sales milestones in November 2024

Toyota Kirloskar Motor reported a year-on-year sales growth of 48 per cent with 26,323 units (including exports) sold in November 2024. However, the sales figure, when compared to October 2024, has actually fallen by nearly 14.5 per cent. Exports in November 2024, stood at 1140 units, down from 2707 units in October, a drop of nearly 58 per cent. Two of Toyota’s vehicles, the Innova Hycross and the Urban Cruiser Hyryder achieved 1 lakh sales milestones in November 2024.

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JSW MG Motor India

MG sold 3144 units of the Windsor in November

JSW MG Motor India sold 6019 units in November 2024, representing a growth of 20 per cent over November 2023. Similar to October 2024, MG stated that its EV sales accounted for 70 per cent of its total sales volume during the month. The company also stated that it sold 3144 units of its latest vehicle, the Windsor in November, which has received a good response from consumers in the Indian market. 

Honda Cars India

Honda Cars India's domestic sales number fell by 43 per cent in November 2024

Honda Cars registered total sales of 10,726 units in November 2024, a decline of nearly 9.8 per cent over the same period last year. The company’s domestic sales number for the month stood at 5,005 units, 43 per cent lower than November 2023. Exports went up by a notable 81 per cent (year-on-year), amounting to 5,721 units in November 2024. Honda is all set to launch the third-generation of the Amaze on December 4, which should lead to an increase in sales for the Japanese automaker. 

Mahindra & Mahindra

Mahindra sold 46,222 utility vehicles in the domestic market in November 2024

Mahindra & Mahindra registered total utility vehicle sales of 47,294 units, including exports. The company’s domestic utility vehicle sales amounted to 46,222 units, 16 per cent higher than its sales figure in November 2023. Cumulative sales for the brand (including commercial business and three-wheeler sales) stood at 79,083 units, a year-over-year increase of 12 per cent. Cumulative exports on the other hand grew by 53 per cent to 2776 units, up from 1816 units.