Top 10 Car Companies May 2024 - Maruti, Hyundai, Tata, Mahindra

The brand-wise sales numbers for the month of May 2024 have been officially released. Maruti Suzuki once again retains the top-spot in the list of top 10 car brands in the country. What's interesting is that there is a tough battle going on between Hyundai, Tata Motors and Mahindra for the second position.

Most of the automakers have posted positive year-on-year sales growth; however, few brands reported a slight decline. Maruti Suzuki is at top with 1,44,002 cars sold in the month of May 2024 as against 1,43,708 units in the same month last year, reporting a YoY sales growth of 0.2%.

Top 10 Car Companies May 2024

Hyundai, the second-largest car maker, has posted a YoY sales growth of 1.1 percent. The company sold 49,151 vehicles in May 2024 as against 48,601 units in the same month last year. Tata Motors is at third position and is very close to dethrone Hyundai to grab the second position. It sold 46,700 vehicles last month, as against 45,880 units in May 2023. Tata Motors posted a marginal year-on-year sales growth of 1.8 percent. 

Mahindra has posted a remarkable YoY sales growth of 31.4 percent. The company posted 43,218 units in May 2024 compared to 32,883 units in the same month last year. Toyota and Kia are at 5th and 6th position, respectively. While Toyota reported a YoY growth of 23.6% with 23,959 units sold last month, Kia sold 19500 vehicles last month registering a year-on-year growth of 3.9 per cent. 

Honda slipped to 7th place with only 4,822 cars delivered in May 2024 as against 4,660 units sold in the same month last year. MG, Renault and Volkswagen at 8th, 9th and 10th positions, respectively. These three brands posted a decline in YoY sales. 

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