Auto Sales In September 2024 Live: Hero MotoCorp Surges Nearly 20%, Maruti Suzuki Dips 4%
Here's a look at who sold how much in the month gone by.
7:00 PM | Auto Sales In September 2024: HMSI
Three Honda Activa scooters ready for dispatch at a dealership in Ahmedabad. (Photo: Tushar Deep Singh/NDTV Profit)
Honda Motorcycle and Scooter India Pvt. Ltd. has clocked double-digit growth in sales ahead of the festive season.
Total sales of the Indian unit of Honda Motor Co. Ltd. rose 11% year-on-year to 5,83,633 units in September 2024, according to a media statement on Tuesday.
Domestic sales up 9% YoY at 5,36,391 units
Exports up 34% YoY at 47,242 units
In the first six months of Fiscal 2025, HMSI clocked domestic sales of 28,81,419 units and exports of 2,76,958 units.
6:45 PM | Auto Sales In September 2024: Hero MotoCorp
Hero MotoCorp Ltd. has increased dispatches to dealerships by nearly a fifth in anticipation of higher rural demand during the upcoming festive season.
Total sales of India's largest two-wheeler maker rose 18.75% year-on-year o 6,37,050 units in September 2024, as against 5,36,499 units in the year-ago period, according to an exchange filing on Tuesday.
What's noteworthy was the jump in motorcycle sales—up 21% year-on-year to 5,97,529 units—even as scooter sales declined 6.4%.
Total sales up 18.75% YoY at 637,050 units
Motorcycle sales up 20.9% YoY at 597,529 units
Scooter sales down 6.4% YoY at 39,521 units
Exports up 21.75% YoY at 20,344 units
"A positive sentiment is prevalent in the industry as it approaches the festive season on the back of a good monsoon," the company said in the exchange filing. "Hero is geared up with a host of customer offers, in line with previous festive periods, across its wide and attractive portfolio."
The Splendor maker said it has a strong pipeline of bookings amid higher footfalls at dealerships ahead of the festive season. It expects healthy growth during the 32-day festive season starting Oct. 3.
5:27 PM | Auto Sales In September 2024: Maruti Suzuki
Maruti Suzuki’s car sales declined nearly 4% year-on-year in September 2024 as India’s largest carmaker balanced production against inventory ahead of the crucial festive season.
SEPTEMBER AUTO SALES - MARUTI SUZUKI
Domestic PV sales [RD] 3.9% at 144,962 units
Total India PV sales [RD] 1.15% at 156,999
Exports [GU] 23.1% at 27,728 units
Total sales [GU] 1.86% at 184,727 units
4:45 PM | Auto Sales In September 2024: Hyundai India
Hyundai Motor India Pvt. Ltd. has recorded a decline in sales, amid plans to launch what can potentially be the country's largest initial public offering.
Total sales of the Indian unit of the South Korean carmaker fell 10.4% year-on-year to 64,201 units, as against 71,641 units in the year-ago period, according to an exchange filing on Tuesday.
Domestic sales down 5.8% YoY at 51,101 units
Exports down 24.7% YoY at 13,100 units
According to Hyundai India, SUVs now make up 70% of monthly volumes—the highest ever. Cars with a CNG powertrains account for 13.8% of sales.
"With the festive season kicking in, we have introduced many new models and variants to meet customers aspirations," Tarun Garg, chief operating officer of Hyundai Motor India, said in the media statement. "Our dealer touchpoints are fully geared up to delight customers with deliveries of their favourite Hyundai cars in this auspicious period."
3:55 PM | Auto Sales In September 2024: Kia India
Kia India's product line-up: (From left) Sonet, EV6, Seltos and Carens.
Kia India Pvt. Ltd., the local unit of the South Korean automaker, has clocked sales of 23,523 units in September, a jump of 17% year-on-year.
Key Highlights (YoY):
Total sales up 17% at 23,523 units.
Sonet is Kia India’s best-selling model with 10,335 units.
Seltos and Carens clock 6,959 and 6,217 units, respectively.
