Top car companies like Maruti Suzuki, Tata Motors, and Toyota Kirloskar reported better sales in November, thanks to the wedding season, strong rural demand, and popular SUVs. However, Hyundai experienced a small drop in sales.
Maruti Suzuki sold 141,312 cars, a 5% increase from last year’s 134,158. They said this growth came from several factors: wedding season, strong rural sales, new special editions, and people continuing to buy SUVs. They also mentioned that the demand in rural areas rose to 48.7%, which is 2.2% higher than last year. However, in cities, they noticed that customers were waiting for better year-end offers before buying, causing a slight slowdown from October.
Maruti’s SUVs, which include Brezza, Ertiga, Grand Vitara, and XL6, sold 59,003 units compared to 49,016 last November. But, their smaller models like Alto and S-Presso saw sales drop from 9,959 to 9,750 units. The sales of compact cars like Baleno and Swift also fell from 64,679 to 61,373 units.
Tata Motors announced that their sales, including electric vehicles, rose by 2% to 47,063 units from 46,068 in November last year. Toyota’s sales jumped dramatically by 44%, reaching 25,586 units compared to 17,818 last year. Toyota mentioned that their wide range of cars meets different customer needs.
On the other hand, Hyundai Motor India reported a 2% decline in sales to 48,246 units, down from 49,451 last November, with exports down by 20% to 13,006 units. They did manage to achieve a record high for their rural sales, hitting 22.1%. SUVs made up 68.8% of their total sales.
Meanwhile, JSW MG Motor India saw a 20% increase in sales, reaching 6,019 units. Their electric vehicle, the Windsor, continued to perform well, with 3,144 sales. New energy vehicles made up a significant 70% of their sales, highlighting their importance to the company.
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