Car, Motorcycle, EV & CV Sales October HIGHLIGHTS: Maruti Suzuki, Tata Motors, M&M, Hyundai Motor, Bajaj Auto, TVS Motor, other auto makers release monthly sales reports; Baleno makers domestic PV sales fall 5%
Auto Sales October 2024, car sales, two-wheeler sales, motorcycle sales, CV sales, EV sales: Starting November 1, auto manufacturers-including the likes of Maruti Suzuki India, Tata Motors, Mahindra & Mahindra, Hyundai Motor India, Hero MotoCorp, Bajaj Auto, TVS Motor Company and Eicher Motors-reported their sales for October 2024. Catch highlights of the monthly sales reports from key auto makers.
Auto Sales October 2024, car sales, two-wheeler sales, motorcycle sales, CV sales, EV sales: As the country celebrated Diwali, auto manufacturers—including the likes of Maruti Suzuki India, Tata Motors, Mahindra & Mahindra, Hyundai Motor India, Hero MotoCorp, Bajaj Auto, TVS Motor Company and Eicher Motors—started releasing their sales reports for October 2024 starting November 1.
Investors and analysts closely monitor these monthly reports from key manufacturers spanning various segments, including passenger vehicles, commercial vehicles, motorcycles, scooters, and electric vehicles, to gauge the health of the country's automobile space.
Catch HIGHLIGHTS of the latest monthly sales data from Maruti Suzuki India, Tata Motors, Hyundai Motor India, Bajaj Auto, Hero MotoCorp, TVS Motor Company, Eicher Motors, and other major auto makers:
Latest Updates
Auto Sales October: Bajaj Auto total sales up nearly 2%
Bajaj Auto registers total sales of 4,79,707 units in October 2024, marking an increase of 1.8 per cent over 4,71,188 units sold in October 2023.
Image: Regulatory filing
Auto Sales October: TVS Motor Company sales almost meet Street estimates
TVS Motor's total sales increase about 12 per cent on a year-on-year basis to 4.89 lakh units in October.
Zee Business analysts had pegged the auto maker's sales at 4.91 lakh units.
Auto Sales October 2024: Eicher Motors misses analysts' expectations
Eicher Motors sales fall short of analysts' estimates.
VECV sales decline about five per cent to 7,112 units in October.
Royal Enfield sales jump by about one-third to 1,10,574 units during the month.
Zee Business analysts had estimated Eicher Motors' VECV sales at 7,300 units and RE sales at 1,14,000 units.
Auto Sales October: Tractor sales jump 30%
Mahindra & Mahindra reports total sales of 65,453 tractors during the month, marking a jump of 29.6 per cent.
Zee Business analysts had pegged M&M's tractor sales at 49,000 units for the month.
Auto Sales October: Mahindra & Mahindra logs record SUV sales
Mahindra & Mahindra logs total sales of 96,648 units in October, marking a jump of 19.8 per cent over the year-ago period.
Zee Business analysts had pegged the auto maker's monthly sales at 84,500 units.
Hyundai Motor India Sales: Total sales at 70,078 units in October, third highest monthly figure since inception
Hyundai Motor India registers total sales of 55,568 units in the domestic market for October 2024, marking its third highest monthly sales since its inception.
The auto major registers its record SUV sales at 37,902 units for October, including record domestic sales of the Hyundai CRETA at 17,497 units.
The newly-listed company says the overall contribution of its SUVs to its domestic sales continues remains strong at 68.2 per cent.
Image: Regulatory filing
Auto Sales October: Tata Motors total domestic sales flat
Tata Motors' total sales in the domestic market stand at 80,839 units in October 2024 as aginst 80,825 units sold in October 2023.
Here's what the company's PV sales look like:
Images: Regulatory filing
Auto Sales October: Tata Motors total sales down 0.3% at 82,682 units
The Tata group auto giant reports total sales of 82,682 units in the domestic as well as international markets for October 2024 as against 82,954 units sold a year ago.
Tata Motors' total sales in the PV and CV segments each remained largely unchanged at 48,423 units and 34,259 units respectively.
Auto Sales LIVE Update October: Take a look at Maruti Suzuki's overall sales report
Source: Regulatory filing
Maruti Suzuki India Sales LIVE: SUV sales jump over 19%
Maruti Suzuki India registers total sales of 70,644 utility vehicles in October, sharply higher than 59,147 units sold a year ago.
The carmaker's UV segment includes popular models such as Jimny, Ertiga, Brezza and Fronx.
Maruti Suzuki India Sales LIVE: SUV sales jump over 19%
Maruti Suzuki India registers total sales of 70,644 utility vehicles in October, sharply higher than 59,147 units sold a year ago.
The carmaker's UV segment includes popular models such as Jimny, Ertiga, Brezza and Fronx.
Maruti Suzuki India Sales LIVE: Total sales at 2,06,434 units
Maruti Suzuki India clinches total sales (comprising the domestic as well as foreign market sales) of 2,06,434 units in October, translating to an increase of
3.6 per cent on a year-on-year basis.Maruti Suzuki India Sales LIVE: Exports jump 51%
The auto maker reports total exports of 33,168 units in October, sharply higher than 21,951 exports reported for the corresponding period a year ago.
Maruti Suzuki India Sales LIVE: Total domestic scales including light commercial vehicles at 1,63,130 units
The auto major reports total sales of 1,63,130 PVs and LCVs in the domestic market in October, marking a decline of 5.1 per cent on a year-on-year basis.
Maruti Suzuki India Sales LIVE: Total domestic PV sales drop 5%
Maruti Suzuki India reports total sales of 1,59,591 passenger vehicles in the domestic market in October.
The auto giant sold 1,68,047 PVs in the domestic market in October 2023.
Auto Sales October 2024 LIVE Update: Tata Motors CV sales may drop 15%
Tata Motors is estimated to register sales of 27,500 CVs in October as against 32,500 units sold a year ago, according to Zee Business research.
Auto Sales October 2024 LIVE Update: Ashok Leyland sales likely to dip 7%
According to Zee Business research, Ashok Leyland is expected to log sales of 16,100 commercial vehicles last month.
The CV maker had reported 17,300 units sold in October 2023.
Auto Sales Update October: Eicher VECV sales likely to decline 3%
According to Zee Business research, Eicher VECV is estimated to register sales of 7,300 units in October versus 7,500 units last year.
Auto Sales LIVE: Royal Enfield likely to stage a big jump
Eicher Motors subsidiary Royal Enfield is estimated to register sales of 1.14 lakh motorcycles in October versus 84,400 motorcycles sold in the same month last year.
This marks a surge of 35 per cent in sales.
Commercial Vehicle Auto Sales Estimates October: Tata Motors likely to log 15% fall
According to Zee Business research, the Tata group auto giant is estimated to register sales of 27,500 units in the commercial vehicles segment in October, translating to a fall of around 15 per cent from the year-ago levels.
Auto Sales LIVE: Analysts anticipating a lean period for commercial vehicle makers
According to Zee Business research, Eicher VECV, Ashok Leyland and Tata Motors are estimated to register a fall of up to 15 per cent in their commercial vehicle sales for October.
Auto Sales LIVE: Royal Enfield likely to stage a big jump
Eicher Motors subsidiary Royal Enfield is estimated to register sales of 1.14 lakh motorcycles in October versus 84,400 motorcycles sold in the same month last year.
This marks a surge of 35 per cent in sales.
Auto Sales LIVE October 2024: TVS Motor Company likely to register double-digit growth in total sales
TVS Motor Company is estimated to register total sales of 4.91 lakh units in October, which translates to growth of about 13 per cent on a year-on-year basis, according to Zee Business research.
Auto Sales LIVE: Bajaj Auto two-wheeler sales may decline 7%
According to Zee Business research, Bajaj Auto is estimated to log two-wheeler sales of 3.06 lakh units in October versus 3.29 lakh units sold in the corresponding month last year.
Festive Season Auto Sales LIVE: Bajaj Auto likely to log mild growth in total sales; two-wheelers may play spoilsport
Bajaj Auto is expected to clinch total sales of 4.75 lakh units in October, higher than 4.71 lakh units sold in the year-ago period, according to Zee Business research.
Diwali Season Auto Sales LIVE: Hero MotoCorp likely to clinch double-digit percentage growth in two-wheeler sales
Hero MotoCorp is estimated to register two-wheeler sales of 6.4 lakh units in October, translating to an 11 per cent increase over the corresponding period a year ago, according to Zee Business research.
Auto Sales LIVE October 2024: All eyes on Hyundai Motor India, first sales report since IPO & listing
This will be the first monthly sales report for Hyundai Motor India since its market debut last month.
Since its lukewarm debut, the Hyundai Motor India stock—traded with the symbol HYUNDAI—has only briefly traded with a premium over the issue price.
At the current level, Hyundai shares trade at a discount of about 2 per cent to the lower end of its IPO price range.
Auto Sales LIVE October 2024: Mahindra & Mahindra set to report year-on-year growth
According to Zee Business research, M&M is estimated to register total sales of 84,500 units in October versus 80,700 units a year ago. This translates to year-on-year growth of 4.7 per cent.
Auto Sales LIVE October 2024: Newly-listed Hyundai Motor likely to report largely steady PV sales
Hyundai Motor India—which recently entered the country's listed space following a mega IPO—is expected to register sales of 68,000 passenger vehicles in October, nearly unchanged from sales of 68,700 units a year ago, according to Zee Business research.
Auto Sales LIVE October 2024: Maruti Suzuki India likely to log 3% decline in PV sales
According to Zee Business research, Maruti Suzuki India—the country's largest carmaker—is expected to register passenger vehicle (PV) sales of 1.93 lakh in October versus 1.99 lakh in the corresponding period a year ago.
Auto Sales LIVE Update: What to expect in October?
Analysts anticipate a mixed trend in passenger vehicle sales in October, with manufacturers like Mahindra & Mahindra anticipated to register mid-single-digit percentage year-on-year growth in its total sales.
Auto Sales LIVE Update: Car, SUV, two-wheeler makers to get festive boost?
Most auto manufacturers anticipate a rise in this time of the year as customers line up their big purchases during festivals like Diwali.
This year also, several auto makers have offered discounts in a bid to gain market share in the run-up to the festive season.
Welcome to Zeebiz.com's blog on auto sales in October 2024
- 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
Catch the latest monthly sales data from the likes of Maruti Suzuki India, Tata Motors, Mahindra & Mahindra (M&M), TVS Motor Company, Hero MotoCorp, Bajaj Auto, and Eicher Motors.
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