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Witness the Tata Punch losing its top spot, making way for Maruti Suzuki's new Swift to capture attention and boost bookings. Despite this shake-up, the hatchback market remains robust, with Maruti Suzuki's dominance evident as 7 out of the top 10 best-se
Key Highlights:
Maruti Suzuki Swift emerged as the best-selling car in May 2024, with the company sending 19,393 units in response to strong demand, as shown by approximately 40,000 bookings. Tata Punch remained India's best-selling SUV in May 2024, selling nearly 19,000 units, just 444 units behind the Swift, which ranked second. The Maruti Dzire, which benefited from increased taxi demand, finished third with over 16,000 units sent. Hyundai's Creta retained its position as the best-selling mid-SUV, entering the Top 5 in May 2024.
Whereas the Wagon R and Baleno saw significant declines in sales compared to last year, with the Wagon R dropping by 11% and the Baleno by 31%. These two hatchbacks are experiencing month-by-month decreases in sales.
Rank | OEM | Model | May ’24 Sales | May ’23 Sales | YoY Growth |
1 | Maruti | Swift | 19,393 | 17,346 | 12% |
2 | Tata | Punch | 18,949 | 11,124 | 70% |
3 | Maruti | Dzire | 16,061 | 11,315 | 42% |
4 | Hyundai | Creta | 14,662 | 14,449 | 1% |
5 | Maruti | Wagon R | 14,492 | 16,258 | -11% |
6 | Maruti | Brezza | 14,186 | 13,398 | 6% |
7 | Maruti | Ertiga | 13,893 | 10,528 | 32% |
8 | Mahindra | Scorpio N + Classic | 13,717 | 9318 | 47% |
9 | Maruti | Baleno | 12,842 | 18,733 | -31% |
10 | Maruti | Fronx | 12,681 | 9863 | 29% |
The Maruti Swift continues to be the best-selling car, showcasing steady growth and maintaining its strong market presence with a 12% increase in sales compared to last year.
Tata Punch has made significant strides, witnessing a remarkable 70% year-over-year growth. This substantial increase positions Punch as a strong competitor in the market.
The Maruti Dzire experienced impressive growth with a 42% increase in sales, solidifying its popularity among consumers.
The Hyundai Creta remains a favorite in the SUV segment, with stable sales and a slight increase of 1% compared to May 2023.
The Maruti Wagon R saw a decline in sales by 11%, indicating a shift in consumer preference within this segment.
The Maruti Brezza continues to perform well with a 6% increase in sales year-over-year, maintaining its appeal in the compact SUV market.
The Maruti Ertiga has shown strong growth with a 32% rise in sales, reflecting its increasing popularity in the MPV segment.
The Mahindra Scorpio series achieved a notable 47% growth in sales, demonstrating a significant resurgence and consumer interest.
The Maruti Baleno experienced a substantial decline in sales by 31%, suggesting a shift in consumer preferences or increased competition.
The Maruti Fronx saw a healthy 29% increase in sales, indicating a growing demand for this model.
This month's leaderboard saw a shift as the Tata Punch lost its top spot but remains the best-selling SUV in the Indian market. Maruti Suzuki changed the game by launching the new generation Swift, which captured everyone's attention and boosted bookings. Despite this shake-up, no major changes occurred otherwise, proving that the hatchback market is still strong. Notably, 7 out of the 10 best-selling cars in India are from Maruti Suzuki, demonstrating their continued dominance.
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