Indian Car Sales Analysis: January to November 2024

Welcome to the comprehensive analysis of Indian car sales from January to November 2024. This blog, powered by insights from WordCounters, dives into the trends of passenger vehicle sales, including SUV sales, EV growth, and more.

Monthly Sales Overview

Here’s a summary of monthly car sales in India and year-over-year changes for 2024:

Month	Total Sales	Year-over-Year Change
January	339,441 units	+13.9%
February	319,519 units	+12.2%
March	317,976 units	+11.8%
April	287,746 units	+9.6%
May	300,795 units	+10.1%
June	294,233 units	+9.0%
July	296,785 units	+8.7%
August	308,779 units	+9.8%
September	315,689 units	+10.2%
October	345,107 units	+12.5%
November	300,459 units	+4.4%

Top Car Manufacturers' Performance

The table below highlights the November 2024 sales performance of leading car brands in India:

Manufacturer	Sales in November 2024	Year-over-Year Change
Maruti Suzuki	144,238 units	+5.5%
Tata Motors	73,246 units	+42.3%
Mahindra & Mahindra	67,383 units	+38.5%
Hyundai	48,246 units	+15.2%
Toyota	25,183 units	+48.8%
Kia	20,527 units	+12.7%
Honda	8,732 units	-5.3%
Renault	6,458 units	-8.4%
MG Motor	4,783 units	+10.1%
Volkswagen	3,987 units	+6.4%

Key Market Trends

As noted by WordCounters, the Indian automotive industry saw the following:

EV Adoption: Electric vehicles gained traction, led by Tata Motors, which witnessed a surge in EV sales by over 70%.
SUV Growth: SUVs dominated market growth with new launches from Mahindra, Hyundai, and Kia contributing significantly.
Luxury Segment: Brands like Mercedes-Benz and BMW also reported growth, driven by increasing demand for high-end models.
Compact Car Demand: Compact cars from Maruti Suzuki and Hyundai remained a favorite among first-time buyers.

Conclusion

The Indian car market’s dynamic trends reflect evolving consumer preferences. For more data-driven blogs, visit WordCounters.