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Car Sales Report For May 2024, MoM & YoY Changes & Trends

By
Vishesh Goyal
Vishesh Goyal
|Updated on:01-Jun-2024 03:29 PM

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ByVishesh Goyal

Updated on:01-Jun-2024 03:29 PM

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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.

Car Sales Report For May 2024, MoM & YoY Changes & Trends

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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Car Sales Report For May 2024, MoM & YoY Changes & Trends
Maruti Suzuki Car Sales

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

Car Sales Report For May 2024, MoM & YoY Changes & Trends
Hyundai Car Sales

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

Car Sales Report For May 2024, MoM & YoY Changes & Trends
Tata Car Sales

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

Car Sales Report For May 2024, MoM & YoY Changes & Trends
Mahindra Car Sales

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

Car Sales Report For May 2024, MoM & YoY Changes & Trends
Toyota Car Sales

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

Car Sales Report For May 2024, MoM & YoY Changes & Trends
Kia Car Sales

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

Car Sales Report For May 2024, MoM & YoY Changes & Trends
Honda Car Sales

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

Car Sales Report For May 2024, MoM & YoY Changes & Trends
MG Car Sales

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

Car Sales Report For May 2024, MoM & YoY Changes & Trends
Renault Car Sales

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

Car Sales Report For May 2024, MoM & YoY Changes & Trends
Volkswagen Car Sales

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%.

May-24

Apr-24

May-23

MoM Diff

YoY Diff


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