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Hyundai beats Tata Motors to reclaim 2nd spot in India

Tata Motors had pipped Hyundai to take the second spot in December 2021.

Hyundai has reclaimed the second spot in the Indian car market, registering a 5% growth in sales last month.

Hyundai’s domestic sales for March 2024 stood at 53,001 units, up from 50,600 units in the same month last year. Exports grew by 16% from 10,900 units in March 2023 to 12,600 units last month.

Hyundai registered record sales in FY2024 and a growth of 8%. The carmaker sold 7,77,876 vehicles, up from 7,20,565 vehicles in FY2023.

Hyundai beat Tata Motors, which dropped to third place with 50,297 vehicles sold in March 2024. Still, Tata sales were up 14% compared to March 2023.

Tata Motors registered an annual sales growth of 6% in FY2024. The carmaker dispatched 5,73,495 vehicles in FY2024 compared to 5,41,087 units in FY2023.

Tata Motors had pipped Hyundai to take the second spot in December 2021.

Source: Business Insider

 
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