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

Published ByAmit Sharma

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2024-06-10

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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%.

new Maruti Swift

Top 10 Car Companies May 2024

Brand Name	May 2024	May 2023	YoY Sales Growth
Maruti Suzuki	144002	143708	0.2%
Hyundai	49,151	48,601	1.1%
Tata Motors	46,700	45880	1.8%
Mahindra	43218	32883	31.4%
Toyota	23959	19379	23.6%
Kia	19500	18766	3.9%
Honda	4,822	4,660	3.5%
MG Motor	4,769	5006	-4.7%
Renault	3709	4625	-19.8%
Volkswagen	3,273	3286	-0.4%

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.

Also See - Top 10 Cheapest Diesel Cars In India

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About Author

Amit Sharma

Sub-Editor

Amit is responsible for the content creation on the Carlelo website with an objective to serve the online visitors to the best of his abilities. He has a vast experience of over 12 years in motoring journalism and has worked with multiple automotive brands including CarDekho, IndiaCarNews and Zee Network (India.com Auto)

Education: B-Tech in Information Technology (Rajasthan Technical University)

Expertise: Car Reviews, Live Coverage, Automobile News Writing, Industry-Driven Automotive Blogs, Content Strategy, On-Page SEO, and Keyword Research.

Achievements: His SEO-driven content strategy has significantly boosted organic traffic to our automotive news and blogs, consistently landing stories in Google’s Top Stories, enhancing Discover Traffic, and optimising for AI overviews.

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