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Car Sales Report For May 2024, MoM & YoY Changes & Trends
Get valuable insights into the car sales industry with our detailed Car Sales Report for May 2024. Explore the month-over-month and year-over-year changes, trends, and analysis. Stay ahead of the game.
Key Highlights:
- Mahindra has seen a MoM as well as a YoY Growth
- Hyundai has seen a MoM decline but a YoY growth
- MG Motors India has seen a MoM growth but a YoY decline
The 4-wheeler sales numbers of major automobile brands are out. The automobile industry has seen a significant bump in the sales of 4-wheelers, estimated to be around 4% YoY (Year on Year) growth with the total number of cars being sold in May 2024 (3,49,054 units) being 13,523 units more than May 2023 (3,35,531 units), and a 3.5% MoM (Month on Month) growth with the difference of 11,986 units between April 2024 (3,37,068 units) and May 2024 (3,49,054 units).
Maruti Suzuki continued to lead the market with a rather significant margin, selling a whopping 1,44,002 units, while the others did only manage to come close to the 50,000 units mark for May 2024
Maruti Suzuki May 2024 Sales Report
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Maruti Suzuki India Limited registered a total sales of 1,44,002 units in May 2024. Last month i.e. in April 2024, the brand’s sales numbers stood at 1,37,952 units. This results in a MoM growth of 4.39%.
Additionally, Maruti Suzuki sold 1,43,708 units in May 2023, constituting a YoY growth of 0.20%.
May-24 | Apr-24 | May-23 | MoM Diff | YoY Diff | MoM % | YoY % |
1,44,002 | 1,37,952 | 1,43,708 | 6,050 | 294 | 4.39 | 0.20 |
Hyundai Motors India May 2024 Sales Report
Hyundai Motors India Limited registered a total sales of 49,151 units in May 2024. Last month i.e. in April 2024, the brand’s sales numbers stood at 50,201 units. This results in a MoM decline of 2.09%.
Additionally, Hyundai Motors sold 48,601 units in May 2023, constituting a YoY growth of 1.13%.
May-24 | Apr-24 | May-23 | MoM Diff | YoY Diff | MoM % | YoY % |
49,151 | 50,201 | 48,601 | -1,050 | 550 | -2.09 | 1.13 |
Tata Motors May 2024 Sales Report
Tata Motors Limited registered a total sales of 46,697 units in May 2024. Last month i.e. in April 2024, the brand’s sales numbers stood at 47,883 units. This results in a MoM decline of 2.48%
Additionally, Tata Motors sold 45,878 units in May 2023, constituting a YoY growth of 1.78%.
May-24 | Apr-24 | May-23 | MoM Diff | YoY Diff | MoM % | YoY % |
46,697 | 47,883 | 45,878 | -1,186 | 819 | -2.48 | 1.78 |
Mahindra SUVs May 2024 Sales Report
Mahindra Cars registered a total sales of 43,218 units in May 2024. Last month i.e. in April 2024, the brand’s sales numbers stood at 41,008 units. This results in a MoM growth of 5.39%.
Additionally, Mahindra sold 32,886 units in May 2023, constituting a YoY growth of 31.42%.
The recently launched Mahindra XUV 3XO contributed 2,500 units in the brand’s May 2024 sales numbers.
May-24 | Apr-24 | May-23 | MoM Diff | YoY Diff | MoM % | YoY % |
43,218 | 41,008 | 32,886 | 2,210 | 10,332 | 5.39 | 31.42 |
Toyota India May 2024 Sales Report
Toyota Motors India registered a total sales of 23,959 units in May 2024. Last month i.e. in April 2024, the brand’s sales numbers stood at 18,700 units. This results in a MoM growth of 28.12%
Additionally, Toyota Motors sold 20,410 units in May 2023, constituting a YoY growth of 17.39%.
May-24 | Apr-24 | May-23 | MoM Diff | YoY Diff | MoM % | YoY % |
23,959 | 18,700 | 20,410 | 5,259 | 3,549 | 28.12 | 17.39 |
Kia Motors India May 2024 Sales Report
Kia Motors India registered a total sales of 19,500 units in May 2024. Last month i.e. in April 2024, the brand’s sales numbers stood at 19,968 units. This results in a MoM decline of 2.34%
Additionally, Kia Motors sold 18,766 units in May 2023, constituting a YoY growth of 3.91%.
May-24 | Apr-24 | May-23 | MoM Diff | YoY Diff | MoM % | YoY % |
19,500 | 19,968 | 18,766 | -468 | 734 | -2.34 | 3.91 |
Honda Cars India May 2024 Sales Report
Honda Cars India registered a total sales of 4,822 units in May 2024. Last month i.e. in April 2024, the brand’s sales numbers stood at 4,351 units. This results in a MoM growth of 10.83%
Additionally, Honda Cars sold 4,660 units in May 2023, constituting a YoY growth of 3.48%.
May-24 | Apr-24 | May-23 | MoM Diff | YoY Diff | MoM % | YoY % |
4,822 | 4,351 | 4,660 | 471 | 162 | 10.83 | 3.48 |
MG Motors May 2024 Sales Report
MG Cars India registered a total sales of 4,769 units in May 2024. Last month i.e. in April 2024, the brand’s sales numbers stood at 4,485 units. This results in a MoM growth of 6.33%
Additionally, MG India sold 5006 units in May 2023, constituting a YoY decline of 4.73%.
The electric models from MG i.e. Comet EV and ZS EV, both contributed a significant 36% of total sales in May 2024.
May-24 | Apr-24 | May-23 | MoM Diff | YoY Diff | MoM % | YoY % |
4,769 | 4,485 | 5,006 | 284 | -237 | 6.33 | -4.73 |
Renault India May 2024 Sales Report
Renault India registered a total sales of 3,709 units in May 2024. Last month i.e. in April 2024, the brand’s sales numbers stood at 3,707 units. This results in a MoM growth of 0.05%
Additionally, Renault sold 4,625 units in May 2023, constituting a YoY decline of 19.81%.
May-24 | Apr-24 | May-23 | MoM Diff | YoY Diff | MoM % | YoY % |
3,709 | 3,707 | 4,625 | 2 | -916 | 0.05395198 | -19.81 |
Volkswagen India May 2024 Sales Report
Volkswagen India registered a total sales of 3,273 units in May 2024. Last month i.e. in April 2024, the brand’s sales numbers stood at 3,049 units. This results in a MoM growth of 7.35%
Additionally, Volkswagen sold 3,286 units in May 2023, constituting a YoY decline of 0.39%.
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