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India's Four-Wheelers In Top Gear

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Buoyancy in the automobile industry continues, with car majors delivering a strong set of sales numbers last month. Maruti Suzuki reported the highest-ever sales, followed by Tata Motors and Hyundai Motors, mainly due to new launches and easy availability of loans. Export-wise, Maruti had an edge over Tata Motors and Hyundai.

Maruti Suzuki

Maruti Suzuki India Ltd. reported the highest-ever total sales in January, including export of 95,649 vehicles, up by 33.3% from the 71,779 units of last year. Indigenously, it reported sales of 81,087 units, up by 21% from 67,005 units in the corresponding month last year.

Sales of its flagship model, Maruti 800, dipped by 55.2% to 2,494 units from the 5,571 units sold in January last year. Exports surged by 205% to 14,562 units from the 4,774 units in January last year.

During the first ten months of this fiscal, the company's total sales, including exports, were 826,592 units, up by 31.8% from the 627,308 units in the corresponding period last year.

Tata Motors

For the month under review, total sales for Tata Motors, including exports, were 65,478 units, up by 77% from the 36,931 units sold in last January last. Cumulative sales, including exports, rose by 24% to 498,108 units from the 400,284 in April-January last year.

Sales of commercial vehicles domestically were 35,957 units, the second highest-ever--a 107% growth--compared to the 17,373 units sold in January last year. The company reported the highest-ever indigenous passenger vehicle sales and the distribution off-take of 28,547 unis, up by 43% from the 19,911 vehicles sold in the preceding year.

Export sales last month more than doubled to 3,276 vehicles, compared to the 1,227 in the corresponding month last year.

Jaguar Land Rover sales continued their upward trend since its launch in June with their highest sales in January.

Hyundai Motors

Hyundai Motor India Ltd., or HMIL, began the year on a positive note, with both domestic and overseas sales recording a positive growth.

Its total sales for January were 52,635 units, up by 41.6% from the 37,171 units last January. Domestic sales stood at 29,601 units (the highest since 1998 when HMIL launched the Santro in September), compared with the 21,106 units for the same month last year, while exports were 23,034 units, compared with the 16,155 units last January, an increase of 43%.

Commenting on January 2010 sales, Senior Vice President- Marketing and Sales Arvind Saxena said: "We started the year on the right note and we hope the momentum will continue with the help of the stimulus package offered by the government."

At BSE Sectoral indices, the auto sector was up 0.58% at 11.16 hrs. on Tuesday at 10.30 IST.

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Global Economics Weekly Update - Jun 08-12, 2026

June 12, 2026 17:14 ET
Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.