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Cars Sales November 2024: Maruti, Hyundai, TATA, Mahindra, Toyota, Kia, MG, Honda

Ishita Sharma 2024-12-05

The car sales data for November 2024 highlights key trends and performance in the automotive industry, reflecting consumer demand, market shifts, and the impact of economic factors. This month saw a mix of growth and challenges, with certain vehicle categories experiencing a surge in popularity, while others faced slight slowdowns. Electric vehicles (EVs) continued their upward trajectory, while traditional combustion engine models showed signs of stability. This report provides a comprehensive overview of sales figures, emerging trends, and key insights from November 2024, offering a snapshot of the current state of the automotive market.

Here’s your data converted into a table format:

Rank

OEM

Nov '24 Sales

Nov '23 Sales

YoY Growth (%)

Nov '24 vs Oct '24 Sales

MoM Growth (%)

Nov '24 Market Share

Nov '23 Market Share

Market Share Change (%)

1

Maruti Suzuki

1,41,312

1,34,158

5.3%

1,41,312

-11.5%

40.2%

40.1%

0.1%

2

Hyundai

48,246

49,451

-2.4%

48,246

-13.2%

13.7%

14.8%

-1.0%

3

Tata

47,063

46,070

2.2%

47,063

-2.2%

13.4%

13.8%

-0.4%

4

Mahindra

46,222

39,981

15.6%

46,222

-15.2%

13.1%

11.9%

1.2%

5

Toyota

25,183

16,924

48.8%

25,183

-10.5%

7.2%

5.1%

2.1%

6

Kia

20,600

22,762

-9.5%

20,600

-9.5%

5.9%

6.8%

-0.9%

7

MG

6,019

4,154

44.9%

6,019

-14.6%

1.7%

1.2%

0.5%

8

Honda

5,005

8,730

-42.7%

5,005

-9.8%

1.4%

2.6%

-1.2%

9

VW

3,033

3,095

-2.0%

3,033

-32.0%

0.9%

0.9%

-0.1%

10

Skoda

2,886

3,783

-23.7%

2,886

-29.2%

0.8%

1.1%

-0.3%

11

Renault

2,811

2,452

14.6%

2,811

-27.4%

0.8%

0.7%

0.1%

12

Nissan

2,342

2,454

-4.6%

2,342

-25.0%

0.7%

0.7%

-0.1%

13

Citroen

509

537

-5.2%

509

-29.0%

0.1%

0.2%

0.0%

14

Jeep

361

317

13.9%

361

-14.9%

0.1%

0.1%

0.0%

Total

-

3,51,592

3,34,868

5.0%

3,51,592

-11.6%

-

-

-

 

This table provides a snapshot of car sales in November 2024, comparing it with sales from November 2023 (YoY) and October 2024 (MoM), along with market share data for different OEMs (Original Equipment Manufacturers). Here's a brief summary:

  1. Overall Market Performance: Total sales in November 2024 reached 3,51,592 units, showing a 5.0% increase compared to November 2023, but a significant 11.6% decline compared to October 2024.

  2. Top Performers:

    • Maruti Suzuki remained the leader with 1,41,312 units sold, growing by 5.3% YoY but declining by 11.5% MoM. Their market share was almost stable at 40.2%.
    • Hyundai experienced a small decline of 2.4% YoY and 13.2% MoM, with their market share dropping by 1% to 13.7%.
    • Tata saw a 2.2% increase in YoY sales but also a 2.2% drop from the previous month, holding a 13.4% market share.

  3. Notable Growth:

    • Toyota saw the largest YoY growth (48.8%), but had a 10.5% drop MoM, reflecting a strong performance compared to last year.
    • MG and Mahindra also showed significant YoY growths of 44.9% and 15.6%, respectively, although Mahindra’s MoM performance dropped by 15.2%.

  4. Declining Brands:

    • Honda, VW, and Skoda faced notable declines in both YoY and MoM sales, with Honda seeing the largest YoY decrease of 42.7%.

  5. Market Share Trends:

    • Maruti Suzuki had a slight increase in market share (+0.1%), while other brands like Hyundai, Honda, and VW saw declines in their market share.

In summary, while overall sales improved YoY, many OEMs faced a decrease in MoM performance, with a few brands experiencing significant market share changes.

 

 

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