News & Top StoriesIn June 2024, these car brands were the most sought-after ones.
In June 2024, Maruti Suzuki, Hyundai, and Tata emerged as the top car brands in terms of sales. Last month, Maruti alone sold more than one lakh cars, and Hyundai sold more than fifty thousand units. Let’s examine the June 2024 brand-wise sales report in more detail.
| Brand | June 2024 | May 2024 | MoM Growth % | June 2023 | YoY Growth % |
| Maruti Suzuki | 1,37,160 | 1,37,952 | -0.6% | 1,33,027 | 3.1% |
| Hyundai | 50,103 | 50,201 | -0.2% | 50,001 | 0.2% |
| Tata | 43,527 | 47,885 | -9.1% | 47,240 | -7.9% |
| Mahindra | 40,022 | 41,008 | -2.4% | 32,585 | 22.8% |
| Toyota | 25,752 | 18,700 | 37.7% | 18,237 | 41.2% |
| Kia | 21,300 | 19,968 | 6.7% | 19,391 | 9.8% |
| Honda | 4,804 | 4,351 | 10.4% | 5,080 | -5.4% |
| MG | 4,664 | 4,485 | 3.5% | 5,125 | -9.4% |
| Renault | 3,553 | 3,707 | -4.2% | 5,450 | -34.8% |
| Volkswagen | 3,260 | 3,049 | 6.9% | 3,394 | -3.9% |
Key Takeaways
- As usual, Maruti Suzuki continued to lead the auto industry in June 2024, selling more than 1.37 lakh vehicles—more than Hyundai, Tata, and Mahindra combined. While the company’s demand increased by about 3% year over year, its month-after-month sales were mostly unchanged as of May 2024.
- In June 2024, Hyundai ranked as the second best-selling automobile brand, having shipped over 50,000 units in the previous month. The Korean carmaker saw steady demand in sales both year over year (YoY) and month over month (MoM).
- With about 43,000 automobiles shipped in June 2024, Indian automaker Tata ranked third in terms of June sales. Still, its YoY and MoM numbers decreased by about 8% and 9%, respectively.
- Mahindra was the only carmaker to achieve 40,000 sales last month, aside from Tata. Mahindra’s annual sales increased by almost 23% despite a fall in MoM sales of more than 2%.
- In June 2024, Toyota sold over 25,000 cars, with the largest MoM and YoY growth of over 38% and roughly 41%, respectively.
- In June 2024, Kia sold more than 1,300 vehicles than it did in May 2024. Additionally, the Korean carmaker reported an annual gain of around 10%.
- Even though Honda sold over 4,800 vehicles in June 2024, a little over 10% more than the previous month, its year-over-year sales figure fell by over 5.5 percent.
- June 2024 saw MG maintain a steady monthly demand with total sales surpassing 4,600 units, but its yearly sales decreased by more than 9 percent.
- Over 3,500 Renault vehicles were distributed in June. The French brand saw negative growth in monthly sales of 4% and yearly sales of roughly 35% (the highest of all the automakers here).
- With slightly more than 3,000 units sold in June 2024, Volkswagen crossed the sales threshold and ranked tenth in the June sales table. Despite selling 200 more automobiles in June than in May, the company’s year-over-year sales decreased by about 4%.