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Maruti, Hyundai And Mahindra Were The Best-selling Carmakers In October 2024

Modified On Nov 08, 2024 04:12 PM By Dipan

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All carmakers, except Kia and Honda, recorded positive month-on-month (MoM) growth during this festive season

Maruti once again topped the sales charts for October 2024, securing the pinnacle position with strong dispatch numbers when the sales of all carmakers are considered. Hyundai held onto the second place, while Mahindra rounded off the podium at the third spot. Despite a drop in monthly sales for Kia and Honda, many other carmakers saw a boost in numbers, benefitting hugely from the festive season. Let’s take a closer look at the top 10 best-selling carmakers for October 2024.

Brand

October 2024

September 2024

MoM Growth (%)

October 2023

YoY Growth (%)

Maruti

1,59,591

1,44,962

10.1

1,68,047

-5

Hyundai

55,568

51,101

8.7

55,128

0.8

Mahindra

54,504

51,062

6.7

43,708

24.7

Tata 

48,133

41,065

17.2

48,343

-0.4

Toyota

28,138

23,802

18.2

20,542

37

Kia

22,753

23,523

-3.3

24,531

-6.6

MG 

7,045

4,588

53.6

5,108

37.9

Honda

5,546

5,675

-2.3

9,400

-41

Volkswagen

4.458

3,394

31.3

4,089

9

Skoda

4,079

3,301

23.6

4,566

10.7

Also Read: Here’s Everything That You Can Expect To See At The Upcoming Bharat Mobility Global Expo 2025 Motor Show

Key Takeaways

Maruti Brezza

  • Maruti continued to lead the Indian market in October 2024, with over 1.59 lakh dispatches, reflecting a 10 percent MoM increase in sales. However, the carmaker faced a 5 percent year-on-year (YoY) decline in sales compared to the same month last year.

Hyundai Creta

  • Hyundai was ranked as the second best-selling carmaker, with over 55,500 units dispatched in October, marking close to 9 percent MoM growth. Its YoY growth remained relatively flat, indicating stable performance.

5 Door Mahindra Thar Roxx

  • Mahindra, with more than 54,500 units sold, was the third carmaker to surpass 50,000 dispatches in October. The company saw around 7 percent MoM increase and a notable 25 percent YoY growth, highlighting strong demand for its offerings.

Tata Nexon 2023

  • Tata Motors dispatched more than 48,000 units in October, registering a 17 percent MoM growth. Despite the uptick in demand, the Indian brand faced a marginal YoY decline.

Also Read: 2024 Maruti Dzire Becomes The First Maruti Car To Get A 5-Star Crash Safety Rating From Global NCAP

Toyota Innova Hycross

  • Toyota's sales increased by 18 percent month-on-month, with over 28,100 units dispatched in October 2024, an increase of 4,300-odd units compared to September 2024. The brand also saw a 37 percent year-on-year growth.

Kia Seltos

  • Kia, on the other hand, saw more than 3 percent MoM decline even with more than 22,000 units sold. The Korean marque also experienced a 6.5 percent drop in its YoY figure.

MG Windsor EV

  • MG saw a substantial 54 percent MoM growth, reaching a little over 7,000 units in October. Its YoY figures too went up by a big margin of 38 percent.

2023 Honda City

  • Honda managed to dispatch over 5,500 units of its cars in October 2024, which was down by a mammoth 41 percent year-on-year. Even its MoM number dipped, although by a little over 2 percent.

volkswagen virtus

  • Volkswagen and Skoda both posted strong MoM growth in October. The sister entities crossed 4,000 sales units, with Volkswagen achieving around 31 percent MoM increase, while Skoda recorded close to 24 percent MoM rise.

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Nov 9, 2024, 4:37:37 PM

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Nov 9, 2024, 4:37:44 PM

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