- motoring
- SIAM
- OEM
- Sales
- July 2024
YoY PV Exports Surge In July Despite Domestic Sales Dip
- by Gaurav Nandi
- August 18, 2024

Data released by the Society of Indian Automobile Manufacturers (SIAM) show a modest uptick in Year-over-Year (YoY) exports in the passenger vehicle (PV) segment despite a slight slump in domestic sales volumes.
The category representing passenger vehicles, utility vehicles and vans cumulatively recorded 61,929 units being exported in July 2024 compared to 59,594 units in July 2023. Domestic sales volume, however, stood at 2,96,785 units in 2024 compared to 3,02,727 units a year earlier.
Nonetheless, the production volumes within the PV segment witnessed a YoY uptick with 3,97,854 units manufactured in July 2024 compared to 3,93,094 units a year ago.
Maruti Suzuki India clinched top place for exports in utility vehicles and van while Hyundai Motor India was the frontrunner in the passenger car segment in July 2024.
Hyundai Motor India exported 12, 297 units (passenger cars) while Maruti Suzuki India shipped off 13,694 units (utility vehicles) and 651 units (vans), respectively. The latter also cliched the second place in passenger car exports with 9,551 units.
This trend saw a flip in domestic sales with Maruti Suzuki clinching top spot. It sold 69,245 units (passenger car) during July 2024 compared to 16,037 units of Hyundai Motor India. In the utility vehicle and van category Maruti Suzuki sold 56,302 and 11,916 units compared to 16,037 units of Hyundai Motor India.
India’s three-wheeler market showcased mixed growth in July 2024, as highlighted by SIAM’s latest report. Overall production rose to 90,505 units, marking a 6.1 percent increase compared to July 2023. Bajaj Auto Ltd. led the segment, with production growing by 18 percent to 56,085 units, driven by robust domestic sales of 37,852 units and steady exports.
Mahindra & Mahindra Ltd. saw a notable shift in its passenger carrier segment, with a production decline to 1,384 units in July 2024 from 3,275 units a year earlier. However, the company’s e-rickshaw segment gained momentum, producing 1,606 units, a 19 percent dip from 2023, but still showing resilience.
In goods carriers, production across manufacturers slightly dipped to 8,721 units, down from 9,654 in July 2023, despite Bajaj Auto’s growth in this subsegment.
The two-wheeler industry displayed robust growth in July 2024. The sector’s production soared by 21 percent YoY, reaching 19,48,223 units, compared to 16,08,414 units in July 2023. This growth was led by the scooter segment, which surged 41.2 percent to 6,54,748 units. Honda Motorcycle & Scooter India and TVS Motor Company were the primary drivers, reflecting strong demand across urban and semi-urban markets.
The motorcycle segment also recorded healthy growth, with production increasing by 12.8 percent to 12,49,903 units. Bajaj Auto Ltd and Hero MotoCorp Ltd maintained their leadership positions, contributing significantly to this expansion. TVS Motor Company Ltd further solidified its presence, with gains across scooters, motorcycles, and mopeds. Notably, mopeds saw a 19 percent rise in production to 43,572 units, highlighting their continued relevance in certain markets.
Domestic sales remained strong, with the two-wheeler market clocking 14,41,694 units, up from 12,82,054 units in July 2023. Scooters and motorcycles were the top performers, with domestic sales of 5,53,642 units and 8,50,489 units, respectively.
On the export front, the sector experienced a 7.8 percent rise, reaching 3,24,908 units. Yamaha Motor India and TVS Motor Company led this growth, showcasing the increasing global appeal of Indian two-wheelers.
Overall, the two-wheeler industry continues to thrive, driven by strong domestic demand and a solid export performance, reinforcing its critical role in India’s automotive landscape.
Commenting on July-2024 performance, SIAM Director General Rajesh Menon said, “In July 2024, passenger vehicle segment de-grew by (-)2.5 percent compared to July 2023, posting a sales of about 3.42 lakh units. Three-wheelers posted a growth of 5.1 percent compared to July last year, with sales of 0.59 Lakh units in July 2024, which is close to the peak of 2018-19. Two-wheeler segment also posted a decent growth of 12.5 percent in July 2024 as compared to July 2023, with sales of 14.42 Lakh units”.
Commenting on sales data of July 2024, SIAM President Vinod Aggarwal said, “Though three-wheeler and two-wheeler segments are performing well, there has been some de-growth of passenger vehicles and commercial vehicles in July 2024, compared to July 2023. The above average rainfall coupled with upcoming festive season is likely to again propel growth in the short term. In addition, enabling budget announcements which emphasises on overall economic growth with fiscal support for infrastructure and rural sector should augur well for the automobile sector in the medium term.”
Photo: Prateek Karandikar (Wikimedia Commons)
- Mahindra & Mahindra
- Veejay Nakra
Mahindra SUV Sales See 28% Growth In April 2025
- by MT Bureau
- May 01, 2025

Mumbai-based automotive major Mahindra & Mahindra has announced its wholesales for April 2025 at 84,170 vehicles, a growth of 19 percent, including exports.
The auto major sold a total of 52,330 SUVs in the domestic market, which was 28 percent higher than 41,008 SUVs sold for the same period last year. Commercial vehicle sales in the domestic market came at 22,989 units, which was 4 percent YoY.
Veejay Nakra, President, Automotive Division, Mahindra & Mahindra, said, “Building on the strong momentum of last year's performance, we began the year on a strong note in April by achieving SUV sales of 52,330 units, a growth of 28 percent and total vehicle sales of 84,170 units, a 19 percent growth over the same month last year. These numbers indicate the strength of our portfolio and customer offerings.”
- JSW MG Motor India
- Windsor EV
JSW MG Motor India Sells 5,829 Vehicles In April 2025
- by MT Bureau
- May 01, 2025

JSW MG Motor India, a leading passenger vehicles manufacturer, has announced its wholesales for April 2025.
The company reported sales of 5,829 units, which was 23 percent higher over April 2024, when it sold 4,725 vehicles.
Interestingly, the automaker's popular offering, the Windsor EV, has continued to be the top-selling electric passenger vehicle for the seventh month in a row.
JSW MG Motor India's Windsor EV has now gone home to over 20,000 customers.
- Maruti Suzuki India
- Toyota Kirloskar Motor
- wholesales
SUVs & Exports Power Maruti Suzuki India Sales in April 2025
- by MT Bureau
- May 01, 2025

Maruti Suzuki India, the country’s largest carmaker, has reported its wholesales of 179,791 units in April 2025, marking a 7 percent increase compared to 168,089 units sold in April 2024. The growth was primarily propelled by strong performance in utility vehicles and a sharp rise in export volumes.
Domestic sales, including passenger and light commercial vehicles, remained flat with 142,053 units, as compared to 140,448 units in April 2024. Within this, light commercial vehicles (LCVs) like the Super Carry saw a significant jump of 34.2 percent, with sales rising to 3,349 units from 2,496 units last year.
In the passenger vehicle segment, SUVs such as the Brezza, Ertiga, Grand Vitara and others recorded a 4.4 percent increase, selling 59,022 units compared to 56,553 in the previous year. However, sales for Eeco declined by 5.2 percent, while the mini segment (Alto, S-Presso) saw a sharp 45 percent drop, falling to 6,332 units from 11,519 units. The compact segment, which includes high-volume models like the Baleno and Swift, grew by 8.1 percent, reaching 61,591 units.
Sales to Toyota Kirloskar Motor rose sharply by 79.2 percent, from 5,481 units to 9,827 units, indicating a growing demand for cross-badged products.
The standout performer was the export segment, which surged 26 percent to 27,911 units from 22,160 units in April 2024. This strong export growth helped bolster the company’s overall numbers despite weaknesses in domestic sub-segments.
While some product lines such as the mid-size sedan Ciaz (-63 percent) continue to struggle.
- Tata Motors
- Tata PV
- Tata CV
- Tata EV
Tata Motors Reports 72,753 Units Sold in April 2025; PV and CV Segments Show Decline
- by MT Bureau
- May 01, 2025

Tata Motors reported total wholesales of 72,753 units for April 2025, reflecting a 6 percent year-on-year decline from 77,521 units in April 2024.
The passenger vehicle (PV) segment, including electric vehicles, accounted for 45,532 units, down 5 percent from 47,983 units in the same month last year. Within this, domestic PV sales dropped 6 percent to 45,199 units, while international business (IB) sales rose significantly to 333 units, up from 100 units. Electric vehicle sales (domestic + IB) declined 16 percent year-on-year to 5,318 units.
Commercial vehicle (CV) sales stood at 27,221 units, marking an 8 percent YoY drop from 29,538 units in April 2024. Domestic CV sales contracted 10 percent to 25,764 units, while CV exports (IB) grew 43 percent to 1,457 units. Key sub-segments like Small Commercial Vehicles (SCV) and pickups saw a steep 23 percent decline.
Despite growth in certain categories like ILMCV trucks and passenger carriers, overall sales momentum was tempered across both PV and CV segments.
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