These Were The Top 10 Best-selling Cars Brands In August 2024
Modified On Sep 06, 2024 12:33 PM By Shreyash
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Save for Tata and Toyota, all other brands have recorded a positive month-on-month (MoM) growth in August 2024
The brand-wise sales report for August 2024 is out and as usual Maruti Suzuki was the most sought-after car brand last month. The automaker dispatched more vehicles than Hyundai, Tata, and Mahindra combined. Let's take a closer look at the brand-wise sales report for August 2024.
Brand |
August 2024 |
July 2024 |
MoM Growth % |
August 2023 |
YoY Growth % |
Maruti Suzuki |
1,43,075 |
1,37,463 |
4.1 |
1,56,114 |
-8.4 |
Hyundai |
49,525 |
49,013 |
1 |
53,830 |
-8 |
Tata |
44,142 |
44,727 |
-1.3 |
45,515 |
-3 |
Mahindra |
43,277 |
41,623 |
4 |
37,270 |
16.1 |
Toyota |
28,589 |
29,533 |
-3.2 |
20,970 |
36.3 |
Kia |
22,523 |
20,507 |
9.8 |
19,219 |
17.2 |
Honda |
5,326 |
4,624 |
15.2 |
7,880 |
-32.4 |
MG |
4,571 |
4,572 |
0 |
4,185 |
9.2 |
Volkswagen |
3,577 |
3,407 |
5 |
4,174 |
-14.3 |
Renault |
3,018 |
2,832 |
6.6 |
3,633 |
-16.9 |
Key Takeaways
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Maruti Suzuki remained the best-selling car brand in August 2024 and was the only carmaker to cross cumulative sales of over a lakh units. The automaker shipped 6,131 more cars than the Hyundai, Tata, and Mahindra combined. Though its monthly sales grew by a little over 4 percent, Maruti’s year-on-year (YoY) sales saw a decline of almost 8.5 percent last month.
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Hyundai stood second in August 2024 with over 49,500 units dispatched. However, the Korean automaker still saw a decline of 8 percent in yearly sales and witnessed a marginal MoM growth.
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Although Tata retained its position as the third best-selling car brand last month, it’s the only brand in the list to see a decline in both MoM and YoY sales, a nominal over 1 percent and 3 percent, respectively.
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Mahindra’s monthly sales grew by more than 1,500 units, while its yearly sales also saw a growth of over 6,000 units in August 2024. The Indian automaker dispatched more than 43,000 units last month.
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Toyota registered the highest growth of over 36 percent in yearly sales by dispatching over 28,500 vehicles last month. However, the Japanese automaker faced a nominal 3 percent loss in MoM sales.
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Kia dispatched over 22,500 cars in August 2024 registering positive growth of nearly 10 percent and over 17 percent in monthly and yearly sales, respectively.
Also Check Out: Why Kia And Audi Are The Best Car Brands In India According To This Customer Experience Survey
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Honda crossed the sales mark of 5,000 units in August 2024 with a growth of more than 15 percent in MoM sales. However, the automaker faced the highest decline of over 32 percent in yearly sales.
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MG’s monthly sales remained consistent in August 2024, and the brand sold more than 4,500 units last month. MG’s yearly sales also went up by a little over 9 percent.
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Volkswagen sold 170 more cars in August 2024 compared to that in July. However, its YoY sales was still down by more than 14 percent.
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Compared to July 2024, Renault managed to cross the sales mark of 3,000 units in August 2024. Despite registering a growth of more than 6.5 percent in monthly sales, its yearly sales declined by almost 17 percent.
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