The Top 10 Best-Selling Car Brands in August 2024: Maruti Suzuki Dominates Once Again
The Indian automotive market continues to thrive, with several brands witnessing significant growth in August 2024. Maruti Suzuki once again emerged as the top-selling car brand, followed closely by Hyundai and Tata. Let’s delve into the sales figures and key trends of the month.
Maruti Suzuki Dominates the Market
Maruti Suzuki solidified its position as the undisputed leader in the Indian car market, delivering an impressive 1,43,075 units in August 2024. While the brand saw a slight increase of 4.1% compared to the previous month, it experienced a year-on-year decline of 8.4%.
Hyundai and Tata Follow Closely
Hyundai, the second-best-selling brand, recorded sales of 49,525 units in August 2024. Despite a minor 1% increase month-over-month, Hyundai’s year-on-year sales dipped by 8%.
Tata Motors maintained its third position with 44,142 units sold. However, the brand faced a slight decline of 1.3% month-over-month and 3% year-over-year.
Mahindra and Toyota Show Strong Growth
Mahindra & Mahindra showcased remarkable growth, delivering 43,277 units in August 2024. This marked a 4% increase compared to the previous month and a substantial 16.1% year-on-year growth.
Toyota also delivered impressive results, with sales of 28,589 units in August 2024. The brand witnessed a significant 36.3% year-on-year growth but experienced a minor 3.2% decline month-over-month.
Other Notable Performances
Kia Motors continued its upward trajectory, selling 22,523 units in August 2024. This represented a 9.8% increase month-over-month and a 17.2% year-on-year growth.
Honda Cars India registered sales of 5,326 units, a 15.2% increase compared to July 2024. However, the brand faced a substantial 32.4% decline in year-on-year sales.
MG Motor India sold 4,571 units in August 2024, maintaining a consistent performance. The brand experienced a slight 0% change month-over-month and a 9.2% increase year-over-year.
Volkswagen and Renault also recorded moderate sales figures, with Volkswagen selling 3,577 units and Renault selling 3,018 units.
Key Takeaways
- Maruti Suzuki’s dominance in the Indian car market remains unchallenged.
- Hyundai and Tata continue to hold strong positions.
- Mahindra and Toyota have shown significant growth.
- Kia and MG Motors are making steady progress.
- Honda and Volkswagen faced challenges in the year-on-year comparison.
FAQs
Q: Which car brand was the best-selling in August 2024?
A: Maruti Suzuki was the best-selling car brand.
Q: How did Hyundai and Tata perform in August 2024?
A: Both Hyundai and Tata experienced slight declines in year-on-year sales.
Q: Which brand registered the highest growth in August 2024?
A: Toyota registered the highest growth of 36.3% year-on-year.
Q: How did Kia and MG Motor perform in August 2024?
A: Both Kia and MG Motor showed positive growth in both monthly and yearly sales.
