Auto Sales In September 2024 Live: Bajaj Auto, M&M Grow Sales By Nearly A Quarter

India's top automakers are reporting their monthly sales data for the month of September, even as inventory builds ahead of a crucial festive season. Here's a look at who sold how much in the month gone by.

VE Commercial Vehicles has clocked growth on the back of exports that nearly doubled. Domestic sales were largely muted on account of cyclicality.

Total sales of the unit of Eicher Motors Ltd. rose 5.7% year-on-year to 7,609 units in September 2024, as against 7,198 units in the year-ago period, according to an exchange filing on Tuesday.

• Domestic sales up 2.0% YoY at 6,847 units

• Exports up 90% YoY at 475 units

In the first six months of Fiscal 2025, VECV has clocked 3.5% growth—the company has sold 40,476 units in April-September 2024 as against 39,122 units in the year-ago period.

Ashok Leyland Ltd. saw a decline in sales last month, even as the wider commercial-vehicle industry awaited a turn in cyclicality.

Total sales of the truck-and-bus maker fell 10% year-on-year to 17,233 units in September 2024, as against 19202 units in September 2023.

• Domestic sales down 12% YoY at 16,041 units

• Exports up 18.13% YoY at 1,192 units

Toyota Kirloskar Motor India Pvt. Ltd. has clocked 14% year-on-year growth in September 2024 on higher offtake across its line-up of cars and SUVs.

Total sales of the Indian unit of Japan's Toyota Motor Corp. stood at 26,847 units last month as against 23,590 units in the year-ago period—a growth of 14% year-on-year, according to a media statement on Tuesday. The company shipped 23,802 units to local dealerships while a further 3,045 units were exported.

"Our SUV (sports utility vehicle), MPV (multi-purpose vehicle), and small car segments have experienced significant growth nationwide, contributing over 90% to our sales in September," Sabari Manohar, vice president - sales, service and used cars, Toyota India, said in the statement.

In the six months through September, Toyota India recorded its best half-yearly performance—wholesales grew 31% 1,62,623 units as against 1,23,939 units in the year-ago period.

"The key to meeting this rising demand has been our strategic operational improvements, such as the introduction of a third shift," Manohar said. "This has significantly optimised our supply chain, particularly for high-demand models where waiting periods have been reduced."

Tractor sales of Escorts Kubota Ltd. grew last month, bolstering hopes of even higher sales in the upcoming festive season.

As many as 12,380 Escorts tractors were dispatched to dealerships in September 2024, as against 12,081 units in the year-ago period—a growth of 2.5% year-on-year, according to an exchange filing on Tuesday.

• Domestic sales up 5.7% year-on-year at 11,334 units

• Exports down 47.1% year-on-year at 395 units

"With timely, widespread and above average monsoon leading to replenished water reservoirs and favourable terms of trade, we anticipate good sales growth during second half of current fiscal," Escorts Kubota said in the exchange filing.

In the first half of Fiscal 2025, Escorts Kubota sales declined 3.6% year-on-year to 54,177 units, as against 55,587 units in the year-ago period. An exports slump—down 24.7% year-on-year—ate into the volumes.

Total sales of Bajaj Auto Ltd. surged yet again as premiumisation and electric mobility continued to drive domestic volumes.

The Pune-based automaker dispatched 2,59,333 units to dealerships in September 2024, as against 2,02,510 units in the year-ago period—a growth of 28% year-on-year, according to an exchange filing on Tuesday.

Exports, which used to outpace domestic sales not very long ago, grew 13% year-on-year to 1,41,156 units. Overall, total two-wheeler sales rose 22% annually to 4,00,489 units.

Mahindra & Mahindra Ltd. grew its SUV sales by nearly a fourth in September 2024, even as the tractor business remained muted.

• Total SUV sales up 24% YoY at 51,062 units.

• Total exports up 25% YoY At 3,027 units.

• Domestic tractor sales up 3% at 43,201 units.

• Total tractor sales up 2% at 44,256 units.

• Total three-wheeler sales up 27% at 10,044 units.

• Total commercial vehicle sales at 23,706 units.