Heavy sales of SUVs in November, increased demand for Maruti Suzuki, Tata Motors and Toyota

New Delhi| There has been an increase in the sales of cars and SUVs in the domestic market in November. During this period, wholesale sales of Maruti Suzuki, Tata Motors and Toyota Kirloskar have increased.
Maruti Suzuki’s total domestic passenger vehicle sales increased to 1,41,312 units in November this year from 1,34,158 units in the same period last year.

During this period, a record jump was recorded in the sales of SUV segment. Sales of popular models of Maruti Suzuki such as Brezza, Grand Vitara and Jimny increased from 49,016 units to 59,003 units in November 2023.

Toyota Kirloskar Motor (TKM) has reported monthly sales of 25,586 units in November 2024, up 44 percent from 17,818 units sold in the same month last year.

In addition, the company also exported 1,140 units. “Our portfolio spanning from hatchbacks to SUVs is offering mobility solutions tailored to different lifestyles”, Sabri Manohar, vice president (sales-service-used car business), TKM, said in a statement

He added that the year 2024 has far exceeded the company’s expectations.

Tata Motors reported a 2 per cent year-on-year growth in passenger vehicle sales in November this year, which has been 47,117 units. However, the company reported a 1 percent decline in commercial vehicle sales and has been 27,636 units.

The company’s total vehicle sales have increased marginally to 74,753 units in November 2024, compared to 74,172 units in November 2023.

Hyundai Motor India Limited (HMIL) has had total sales of 61,252 units in November 2024. During this period, the company’s domestic sales stood at 48,246 units, while it has exported 13,006 units. However, a slight decline has been recorded in the company’s total sales.

HMIL CEO Tarun Garg said, “The company’s focus in November has been on strengthening its position in the SUV segment”. This segment contributed 68.8 percent of domestic sales last month. The company’s reach in rural areas of India has also strengthened. 22.1 of total sales in November came from rural areas.”

He further said, “Our new HY-CNG technology strengthened HMIL’s CNG sales”. It accounted for 14.4 percent of total November sales.”