The sales report for May 2024 reveals Maruti, Hyundai, and Tata as the top three car brands, with Maruti leading the pack. Most top 10 carmakers saw growth in month-on-month (MoM) and year-on-year (YoY) figures, though some experienced declines.
- Maruti: Leads in sales, showing growth in both MoM and YoY figures.
- Hyundai: Slight YoY increase, but a 2% MoM decline.
- Tata: Nearly 2% YoY growth, but a 2.5% MoM decrease.
- Mahindra: Over 5% MoM and a significant 31.4% YoY growth.
- Toyota: 28% MoM and nearly 24% YoY growth.
- Kia: MoM decline, but a 4% YoY increase.
- Honda: 11% MoM and 3.5% YoY growth.
- MG: Higher MoM sales, but a 5% YoY decline.
- Renault: Minimal MoM change, but a 20% YoY drop.
- Volkswagen: Over 7% MoM growth with a slight YoY decrease.