Auto Sales March 2024 LIVE Updates: Hero MotoCorp domestic sales down 8.6%, Maruti Suzuki total sales meet estimates; here is what to expect from other auto makers
Auto sales India March 2024, car sales, two-wheeler sales, motorcycle sales, CV sales, EV sales: The last month of FY24 brought a mixed bag of news for auto makers in terms of sales. While Maruti Suzuki India, the country's largest carmaker, registered a total sales reading that just met analysts' estimates, Tata Motors reported a mixed set of numbers with domestic PV sales exceeding expectations but CV sales falling short of estimates. Mahindra & Mahindra missed expectations in terms of total sales, with tractor sales falling as much as 26 per cent.
Catch the latest data from manufacturers across segments, including passenger cars, two-wheelers, commercial vehicles, electric vehicles, and farm equipment:
Auto sales India March 2024, car sales, two-wheeler sales, motorcycle sales, CV sales, EV sales: The last month of FY24 brought a mixed bag of news for auto makers in terms of sales. While Maruti Suzuki India, the country's largest carmaker, registered a total sales reading that just met analysts' estimates, Tata Motors reported a mixed set of numbers with domestic PV sales exceeding expectations but CV sales falling short of estimates. Mahindra & Mahindra missed expectations in terms of total sales, with tractor sales falling as much as 26 per cent.
Catch the latest data from manufacturers across segments, including passenger cars, two-wheelers, commercial vehicles, electric vehicles, and farm equipment:
Latest Updates
Auto Sales March 2024: Bajaj Auto total domestic sales up 18.2% at 2,20,393 units
Image: Regulatory filing
Auto Sales March 2024: Hyundai Motor India sales up 7%
Hyundai Motor India reports a seven per cent increase in total sales to 65,601 units in March.
Domestic dispatch to dealers increases five per cent to 53,001 units in March, according to a statement.
Auto Sales March 2024: Ashok Leyland domestic sales down 6.9%; exports jump 48.8%
Ashok Leyland reports total sales of 21,317 units in the domestic market last month as against 22,885 units in March 2023.
Its exports stand at 1,549 in the final month of FY24 as against 1,041 units in the year-ago period.
Image: Regulatory filing
Auto Sales March 2024: VST Tillers Tractors total sales at 4,823 units vs 6,468 units a year ago
VST Tillers Tractors registers sales of 4,061 power tillers and 762 tractors in the month gone by, as against 5,596 units and 872 units a year ago, respectively.
Image: Regulatory filing
Auto Sales March 2024: Hero MotoCorp exports nearly double
Hero MotoCorp reports total exports of 31,158 units in March, as against 16,612 units in the year-ago period.
Image: Regulatory filing
Auto Sales LIVE Update: Hero MotoCorp expects double-digit revenue growth in FY25
The motorcycle and scooter maker expects to record double-digit growth in revenue in the current financial year, which began on April 1.
The growth will be led by a gain in the 125cc segment, with the launch of the Xtreme 125R, a ramp-up of its premium motorcycle portfolio, and a gain in its EV market share gain on the back of launches, according to a statement.
Auto Sales March LIVE Update: Hero MotoCorp says VIDA V1 sales cross record 4,000 mark
Hero MotoCorp's sales of VIDA V1 stand at more than 4,000 units in March, its highest-ever in a month.
Here are some key highlights of the development:
- Hero MotoCorp has expanded presence of emerging mobility brand VIDA
- VIDA is now in more than 100 cities in the country
- Hero MotoCorp has entered partnership with Ather Energy for interoperable charging network
- The network now has more than 2,000 charging points across 100 cities
Auto Sales March 2024: Escorts Kubota tractor sales at 8,587 vs 10,305 a year ago, in line with estimates
The tractor maker reports a 17 per cent decline in sales to 8,587 units in March, marking a fourth back-to-back month of sales de-growth.
According to Zee Business research, Escorts Kubota was estimated to register monthly sales of 8,650 tractors.
Auto Sales LIVE Update: From HarleyDavidson X440, Karizma XMR to VIDA network expansion, a summary of milestones reached by Hero MotoCorp in FY24
Here are some of the highlights of key achievements by Hero MotoCorp in FY24:
- Debut of the Mavrick 440 in upper-premium segment; first motorcycle with Harley-Davidson
- Iconic Karizma in all-new avatar: Karizma XMR
- Launch of Hero Xtreme 125R
- New Xtreme 160R 4V
- Record festive retail sales of over 14 lakh during 32-day festive period
- Expansion of Premia outlets and Hero 2.0 stores
- Expansion of VIDA presence to over 100 cities
Auto Sales March 2024 LIVE Update: Hero MotoCorp domestic monthly sales down 8.6%
Hero MotoCorp's total sales decline 5.6 per cent on a year-on-year basis to 4,90,415 units in March 2024, according to a regulatory filing.
Here are some highlights of Heero MotoCorp's monthly sales report:
- Q4 sales growth at 10%
- Latest monthly data solidifies auto maker's leadership position for 23 consecutive years
- FY24 sales at 56,21,455 motorcycles & scooters
- FY24 global business sales up 16%
Auto Sales March 2024 LIVE Update: Hero MotoCorp sells 4,90,415 motorcycles & scooters in March vs 5,19,342 a year ago
Hero MotoCorp's total sales decline 5.6 per cent on a year-on-year basis to 4,90,415 units in March 2024, according to a regulatory filing.
Here are some highlights of Heero MotoCorp's monthly sales report:
- Q4 sales growth at 10%
- Latest monthly data solidifies auto maker's leadership position for 23 consecutive years
- FY24 sales at 56,21,455 motorcycles & scooters
- FY24 global business sales up 16%
Auto Sales March 2024 LIVE Update: Maruti Suzuki exports down 14%
Maruti Suzuki India, the country's largest carmaker, registers exports of 25,892 units last month, as against 30,119 units a year ago.
Image: Regulatory filing
Auto Sales March 2024 LIVE Update: Maruti Suzuki total domestic sales up 14.3% at 1,56,330 units
The carmaker registers total sales (comprising the sales of PVs and light commercial vehicles, of 1,56,330 units in the domestic market, as against 1,36,787 units a year ago.
Auto Sales March 2024 LIVE Update: Maruti Suzuki India total sales at 1,87,196, in line with estimates
Maruti Suzuki India, the country's largest carmaker, reports total sales of 1,87,196 units last month.
According to Zee Business research, the carmaker was estimated to register total sales of 1,88,000 units in March 2024.
Auto Sales March 2024 LIVE Update: Tata Motors domestic PV sales sales beat Street estimates
The Tata group auto giant reports total domestic PV sales of 50,110 units (including EVs) in March, as against 44,044 units a year ago.
According to Zee Business research, Tata Motors was estimated to register monthly domestic PV sales of 48,700.