Auto Sales in December 2024 marked a good growth over the month for the Indian auto industry. It was clear that the demand for SUVs was getting higher and higher over the month, and the favorable market conditions, including increased rural consumption, gave a push towards sales. Major car manufacturers like Tata Motors, Mahindra & Mahindra, Maruti Suzuki, Hyundai, and Toyota reported significant sales figures, contributing to the overall success of the industry.
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Tata Motors
Tata Motors auto sales December 2024 reported as follows, the giant stood at 235,599 units in December 2024, showing a slight increase of 0.26% compared to December 2023. Domestic sales rose by 1% to 76,599 units, with passenger vehicle sales reaching 44,289 units. The electric vehicle segment shows sales of 5,562 units, which is up by 11.11% from the previous year. While commercial vehicle sales dropped by 1%, Tata Motors remains optimistic about future growth in the passenger vehicle market.
Mahindra & Mahindra
Mahindra & Mahindra auto sales December 2024 reported strong sales of 41,424 units in December 2024. Mahindra auto sales show an impressive growth rate of 18%. The demand for its SUVs played a crucial role in this success. Mahindra continues to be a key player in the Indian automotive sector.
Maruti Suzuki
Maruti Suzuki auto sales December 2024 is as follows, the company led the market with outstanding sales figures of 130,117 units in December 2024, an increase of 24% year-on-year. The company’s success is attributed to popular new launches and high demand across various segments, especially SUVs and hatchbacks. Maruti Suzuki also achieved its highest-ever annual sales of around 17.9 lakh units, surpassing its previous record from 2018.
Hyundai
Hyundai Motor India auto sales December 2024 reported total domestic sales of 605,433 units for 2024. However, Hyundai December 2024 sales reported 42,208 units, saw a slight decline of 1.3% compared to last year. The SUV segment remained strong, accounting for about 67.6% of total sales for the year. Even after the minor drop in December, Hyundai is optimistic about its future in the growing SUV market.
Toyota
Toyota Kirloskar Motor had a successful December with sales of 29,529 units. Toyota auto sales December 2024 representing a growth of 29% compared to last year. The company achieved an annual sales record of around 300,000 units, the start performer in this company is its SUV and MPV segments. Toyota’s focus on sustainable vehicles and advanced safety features has resonated well with consumers.
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