August 2024 Sees Drop in Car Sales: Maruti Suzuki Tops the Charts While SUV Sales Surge
Maruti Suzuki Maintains Lead Amidst Overall Sales Dip; SUV Segment Sees Notable Growth
In August 2024, there was a noticeable decline in the number of cars sold, both on a monthly and annual basis. Over the past 31 days, a total of 3,09,053 cars were sold by all companies, reflecting a decrease of 3.46% month-on-month and 4.53% year-on-year. You might be wondering which companies are in the top 10 and how many companies are active in the Indian car market. Let me give you a detailed overview.
Currently, Maruti Suzuki holds the top spot as the leading car company in India, followed by Hyundai, Tata, Mahindra, Toyota, Kia, Skoda, Honda, MG, and Renault.
Recent months have seen a significant increase in SUV sales, making them the most popular segment. However, hatchback cars also sell well, with Maruti Suzuki dominating this category. Models like the Swift and WagonR continue to be favorites among buyers. In the SUV segment, Hyundai has also seen notable success.
