Auto Sales May 2024 LIVE: Tata Motors domestic sales rise 2%, M&M PV sales jump 31%
Auto sales India May 2024, car sales, two-wheeler sales, motorcycle sales, CV sales, EV sales: Maruti Suzuki India, Tata Motors, Bajaj Auto, Hero MotoCorp, TVS Motor Company, Eicher Motors and other major auto manufacturers are scheduled to report their monthly sales reports soon. Catch key highlights of the the latest data and trends in the countrys auto space here.
Auto sales India May 2024, car sales, two-wheeler sales, motorcycle sales, CV sales, EV sales: Auto majors - including the likes of Maruti Suzuki India, Tata Motors, Hero MotoCorp, Bajaj Auto, TVS Motor Company and Eicher Motors - are all set to release their sales reports for the previous month starting June 1. Both investors and analysts closely track the monthly data sheets from key manufacturers across segments - ranging from passenger and commercial vehicles, to motorcycles, scooters, and electric vehicles - to gauge the performance of the country's auto sectorto gauge the overall health of the country's automobile sector.
Follow this space to catch the latest monthly sales data from Maruti Suzuki India, Tata Motors, Bajaj Auto, Hero MotoCorp, TVS Motor Company, Eicher Motors and other major auto makers:
Latest Updates
Maruti Suzuki clocks 74% jump in production of Brezza, Ertiga, Jimny, XL6, other utility vehicles in May
Maruti Suzuki India, the country's largest carmaker, reports total production of 70,831 utility vehicles in May 2024, as against 40,794 units in May 2023.
The auto major's UV segment includes the Brezza, Ertiga, Fronx and Jimny models.
Auto Sales May 2024 LIVE: Tata Motors domestic sales rise 2%
Tata Motors registers total sales of 75,173 units in the domestic market in May 2024, as against 73,448 units in May 2023.
Auto Sales May 2024: MG Motor India wholesales drop 5%
MG Motor India registers wholesales of 4,769 units in May 2024 as against 5,006 units in May 2023.
The auto maker says it has received positive traction for its EVs in May.
Auto Sales May 2024 LIVE: M&M total exports up 2%
Mahindra & Mahindra reports total exports of 2,671 units in May 20224, as against 2,616 units a year ago.
Image: BSEIndia.com
Mahindra & Mahindra May 2024 Sales LIVE: M&M domestic SUV sales jump 31%
Image: BSEIndia.com
Auto Sales May 2024 LIVE: Mahindra & Mahindra passenger vehicle sales jump 31%
Mahindra & Mahindra (M&M) registers passenger vehicle sales - comprising utility vehicles, cars and vans - of 43,218 units in May 2024, as against 32,886 units in May 2023.
Auto Sales Data: In April, two-wheeler makers staged a strong show
Hero MotoCo registered growth of 35 per cent in total sales while its exports more than doubled in April.
Bajaj Auto's total sales increased 17 per cent and exports 18 per cent.
TVS Motor Company clocked a 25 per cent jump in total sales with 12 per cent growth in exports.
Royal Enfield registered a 12 per cent increase in total sales to 81,870 units.
Auto Sales Data: In April, passenger vehicle sales slowed down owing to high base while commercial vehicle sales grew
Here's a summary of the April sales reports of key auto manufacturers:
Maruti Suzuki logged third straight month of lower sales
Its total sales grew about five per cent to 1,68,089 units but fell short of analaysts' expectations. According to Zee Business research, the carmaker was estimated to register total sales of 1,73,500 units.
Tata Motors staged a mixed performance; CVs beat but PVs missed expectations
Its total commercial vehicle sales grew 31 per cent to 29,358 units as against Zee Business analysts' estimate of 24,430 units. Domestic passenger vehicle sales stood at 47,983 units, lower than the estimate of 51,170 units.
Auto Sales May 2024: TVS Motor Company likely to log 17% jump in monthly two-wheeler sales
TVS Motor Company is estimated to register total two-wheeler sales of 3,74,500 units in May 2024 as against 3,19,295 units a year ago, according to Zee Business research.
Auto Sales May 2024: Bajaj Auto two-wheeler sales seen growing 4%
Bajaj Auto is expected to register total two-wheeler sales of 3,20,000 units in May 2024, according to Zee Business research.
Bajaj Auto had logged total two-wheeler sales of 3,07,696 units in the corresponding period last year.
Auto Sales May 2024: Hero MotoCorp total sales estimated to remain unchanged YoY
Hero MotoCorp is likely to register total sales of 5,20,000 motorcycles and scooters in May 2024, almost unchanged from 5,19,474 units a year ago, according to Zee Business research.
Out of the total sales in May 2023, 5,08,309 units were sold in the domestic market.
Auto Sales May 2024: Mahindra & Mahindra (M&M) likely to clock 233% jump in total sales
Mahindra & Mahindra is likely to register total sales - comprising domestic sales as well as exports - of 75,550 passenger and commercial vehicles in May 2024.
The auto major's overall domestic sales and exports had stood at 61,415 units in May 2023, including domestic sales of 32,886 passenger vehicles.
Auto Sales May 2024: Tata Motors likely to register nearly 9% growth in total PV sales
Tata Motors is expected to register total passenger vehicle sales of 50,000 units (including electric vehicles) in May 2024, as against 45,984 units in the corresponding period a year ago, according to Zee Business research.
Auto Sales May 2024: India's largest carmaker estimated to log flat total sales vs May 2023
Maruti Suzuki India is estimated to register total sales of 1,78,000 units in the domestic as well as foreign markets in May 2024, largely unchanged from the corresponding month a year ago, according to Zee Business research.
Maruti Suzuki India - the country's largest carmaker - had logged total sales of 1,78,083 units in May 2023.
Auto Sales May 2024: Maruti Suzuki India, Tata Motors, Mahindra & Mahindra, Hero MotoCorp, TVS Motor Company, Bajaj Auto, Eicher Motors, Ashok Leyland, Escorts, other auto manufacturers are all set to report their monthly sales numbers soon
Investors will closely track the monthly sales data from manufacturers across key segments including passenger, commercial, and two- and three wheeler vehicles to gauge the performance of the country's auto sector.
Welcome to Zeebiz.com's blog on May 2024 auto sales
Catch the latest monthly sales data from the likes of Maruti Suzuki, Tata Motors, Mahindra & Mahindra, Bajaj Auto, Hero MotoCorp, TVS Motor Company, Royal Enfield and Ashok Leyland soon.
- Are your favourite cars and motorcycles among the top-selling models?
- Which auto makers are topping the charts and which are lagging?
- Find answers to all your questions and the latest trends in the domestic auto sector here.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.