Auto Gross sales In September 2024 Dwell: Hero MotoCorp Surges Practically 20%, Maruti Suzuki Dips 4%

India’s high automakers are reporting their month-to-month gross sales information for the month of September, whilst stock builds forward of an important festive season. Here is a have a look at who offered how a lot within the month passed by.

7:00 PM | Auto Gross sales In September 2024: HMSI

Honda Bike and Scooter India Pvt. Ltd. has clocked double-digit development in gross sales forward of the festive season.

Whole gross sales of the Indian unit of Honda Motor Co. Ltd. rose 11% year-on-year to five,83,633 models in September 2024, in line with a media assertion on Tuesday.

• Home gross sales up 9% YoY at 5,36,391 models

• Exports up 34% YoY at 47,242 models

Within the first six months of Fiscal 2025, HMSI clocked home gross sales of 28,81,419 models and exports of two,76,958 models.

6:45 PM | Auto Gross sales In September 2024: Hero MotoCorp

Hero MotoCorp Ltd. has elevated dispatches to dealerships by practically a fifth in anticipation of upper rural demand throughout the upcoming festive season.

Whole gross sales of India’s largest two-wheeler maker rose 18.75% year-on-year o 6,37,050 models in September 2024, as towards 5,36,499 models within the year-ago interval, in line with an alternate submitting on Tuesday.

What’s noteworthy was the bounce in bike gross sales—up 21% year-on-year to five,97,529 models—whilst scooter gross sales declined 6.4%.

• ⁠Whole gross sales up 18.75% YoY at 637,050 models

• Bike gross sales up 20.9% YoY at 597,529 models

• ⁠Scooter gross sales down 6.4% YoY at 39,521 models

• Exports up 21.75% YoY at 20,344 models

“A constructive sentiment is prevalent within the business because it approaches the festive season on the again of a superb monsoon,” the corporate stated within the alternate submitting. “Hero is equipped with a bunch of buyer presents, in step with earlier festive durations, throughout its huge and engaging portfolio.”

The Splendor maker stated it has a robust pipeline of bookings amid increased footfalls at dealerships forward of the festive season. It expects wholesome development throughout the 32-day festive season beginning Oct. 3.

5:27 PM | Auto Gross sales In September 2024: Maruti Suzuki

Maruti Suzuki’s automobile gross sales declined practically 4% year-on-year in September 2024 as India’s largest carmaker balanced manufacturing towards stock forward of the essential festive season.

SEPTEMBER AUTO SALES – MARUTI SUZUKI

• Home PV gross sales [RD] 3.9% at 144,962 models

• Whole India PV gross sales [RD] 1.15% at 156,999

• Exports [GU] 23.1% at 27,728 models

• Whole gross sales [GU] 1.86% at 184,727 models

4:45 PM | Auto Gross sales In September 2024: Hyundai India

Hyundai Motor India Pvt. Ltd. has recorded a decline in gross sales, amid plans to launch what can doubtlessly be the nation’s largest preliminary public providing.

Whole gross sales of the Indian unit of the South Korean carmaker fell 10.4% year-on-year to 64,201 models, as towards 71,641 models within the year-ago interval, in line with an alternate submitting on Tuesday.

• Home gross sales down 5.8% YoY at 51,101 models

• Exports down 24.7% YoY at 13,100 models

Based on Hyundai India, SUVs now make up 70% of month-to-month volumes—the very best ever. Automobiles with a CNG powertrains account for 13.8% of gross sales.

“With the festive season kicking in, we’ve launched many new fashions and variants to satisfy clients aspirations,” Tarun Garg, chief working officer of Hyundai Motor India, stated within the media assertion. “Our vendor touchpoints are absolutely geared as much as delight clients with deliveries of their favorite Hyundai automobiles on this auspicious interval.”

3:55 PM | Auto Gross sales In September 2024: Kia India

Kia India Pvt. Ltd., the native unit of the South Korean automaker, has clocked gross sales of 23,523 models in September, a bounce of 17% year-on-year.

Key Highlights (YoY):

• Whole gross sales up 17% at 23,523 models.

• Sonet is Kia India’s best-selling mannequin with 10,335 models.

• Seltos and Carens clock 6,959 and 6,217 models, respectively.

2:44 PM | Auto Gross sales In September 2024: Tata Motors

Tata Motors Ltd. stated on Tuesday that it registered gross sales of 69,694 models in September, a decline of 15% in comparison with the year-ago interval.

Key Highlights (YoY):

• Whole home gross sales down 15% to 69,694 models.

• Whole electrical car gross sales down 23% to 4,680 models.

• Whole passenger car gross sales down 9% to 41,313 models.

• Whole industrial car gross sales down 23% to 30,032 models.

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2:13 PM | Auto Gross sales In September 2024: Atul Auto

Atul Auto Ltd. has grown its month-to-month gross sales by greater than 1 / 4 on the again of upper dispatches of electrical three-wheelers.

Whole gross sales of the Gujarat-based automaker rose 26.26% year-on-year to three,361 models in September 2024, as towards 2,662 models within the year-ago interval, in line with an alternate submitting on Tuesday.

Whereas home three-wheeler gross sales, excluding EVs, rose 9.97% year-on-year to 2,084 models, exports nearly tripled to 299 models.

What stood out, nonetheless, was gross sales of electrical three-wheelers.

Throughout two product classes, EV unit gross sales rose 38.72% year-on-year to 978 models in September 2024, as towards 705 models within the year-ago interval.

1:35 PM | Auto Gross sales In September 2024: TVS Motor

TVS Motor Co. Ltd. has clocked its highest ever month-to-month volumes on the again of surging electrical two-wheeler gross sales.

Whole two-wheeler gross sales of the Chennai-based automaker rose 20% year-on-year to 4,71,792 models in September 2024, as towards 3,86,955 models within the year-ago interval, in line with an alternate submitting on Tuesday. Whereas home gross sales have been up 23% year-on-year at 3,69,138 models, exports rose 19% to 102,654 models over the identical time interval.

What stood out, nonetheless, was the surge in EV gross sales.

The corporate shipped 28,901 electrical autos to dealerships final month, as towards 20,356 models within the year-ago interval—a development of 42%.

TVS Motor Gross sales In September 2024: Key Highlights

• Whole gross sales up 20% YoY at 4,82,495 models

• Whole exports up 11% YoY at 1,11,007 models

• Whole 2W gross sales up 22% YoY at 4,71,792 models

• Home 2W gross sales up 23% YoY at 3,69,138 models

• 2W exports up 19% YoY at 1,02,654 models

Throughout the two-wheeler house, motorycle gross sales rose 19% year-on-year to 2,29,268 models in September 2024. Scooter gross sales have been up 20% at 1,86,751 models.

However the three-wheeler enterprise disillusioned. TVS Motor shipped 10,703 auto-rickshaws in September 2024 as towards 15,598 models within the year-ago interval.

Quarterly Efficiency

Within the three months ended 30 September 2024, TVS Motor recorded whole two-wheeler gross sales of 11.90 lakh models as towards 10.31 lakh models within the year-ago interval. That translated to a development charge of 15% year-on-year.

Three-wheeler gross sales stood at 38,000 models whereas whole exports rose 11% year-on-year to three.09 lakh models.

1:04 PM | Auto Gross sales In September 2024: SML Isuzu

SML Isuzu Ltd., a maker of utility autos—life-style or in any other case, is seeing a surge in quantity as Indians heat as much as the “pickup” lifestyle.

Whole gross sales of the Japanese automaker rose 21% year-on-year to 1,055 models in September 2024, as towards 872 models within the year-ago interval, in line with an alternate submitting on Tuesday.

• Cargo-vehicle gross sales up 19.4% YoY at 407 models

• Passenger-vehicle gross sales up 22.0% YoY at 648 models

Within the first six months of Fiscal 2025, SML Isuzu gross sales are up 6.9% year-on-year at 7,627 models, as towards 7,133 within the year-ago interval.

12:45 PM | Auto Gross sales In September 2024: VECV

VE Business Autos has clocked development on the again of exports that just about doubled. Home gross sales have been largely muted on account of cyclicality.

Whole gross sales of the unit of Eicher Motors Ltd. rose 5.7% year-on-year to 7,609 models in September 2024, as towards 7,198 models within the year-ago interval, in line with an alternate submitting on Tuesday.

• Home gross sales up 2.0% YoY at 6,847 models

• Exports up 90% YoY at 475 models

Within the first six months of Fiscal 2025, VECV has clocked 3.5% development—the corporate has offered 40,476 models in April-September 2024 as towards 39,122 models within the year-ago interval.

12:37 PM | Auto Gross sales In September 2024: Ashok Leyland 

Ashok Leyland Ltd. noticed a decline in gross sales final month, whilst the broader commercial-vehicle business awaited a flip in cyclicality.

Whole gross sales of the truck-and-bus maker fell 10% year-on-year to 17,233 models in September 2024, as towards 19202 models in September 2023.

• Home gross sales down 12% YoY at 16,041 models

• Exports up 18.13% YoY at 1,192 models

11:45 AM | Auto Gross sales In September 2024: Toyota India

Toyota Kirloskar Motor India Pvt. Ltd. has clocked 14% year-on-year development in September 2024 on increased offtake throughout its line-up of automobiles and SUVs.

Whole gross sales of the Indian unit of Japan’s Toyota Motor Corp. stood at 26,847 models final month as towards 23,590 models within the year-ago interval—a development of 14% year-on-year, in line with a media assertion on Tuesday. The corporate shipped 23,802 models to native dealerships whereas an additional 3,045 models have been exported.

“Our SUV (sports activities utility car), MPV (multi-purpose car), and small automobile segments have skilled important development nationwide, contributing over 90% to our gross sales in September,” Sabari Manohar, vice chairman – gross sales, service and used automobiles, Toyota India, stated within the assertion.

Within the six months by September, Toyota India recorded its finest half-yearly efficiency—wholesales grew 31% 1,62,623 models as towards 1,23,939 models within the year-ago interval.

“The important thing to assembly this rising demand has been our strategic operational enhancements, such because the introduction of a 3rd shift,” Manohar stated. “This has considerably optimised our provide chain, significantly for high-demand fashions the place ready durations have been decreased.”

9:15 AM | Auto Gross sales In September 2024: Escorts Kubota

Tractor gross sales of Escorts Kubota Ltd. grew final month, bolstering hopes of even increased gross sales within the upcoming festive season.

As many as 12,380 Escorts tractors have been dispatched to dealerships in September 2024, as towards 12,081 models within the year-ago interval—a development of two.5% year-on-year, in line with an alternate submitting on Tuesday.

• Home gross sales up 5.7% year-on-year at 11,334 models

• Exports down 47.1% year-on-year at 395 models

“With well timed, widespread and above common monsoon resulting in replenished water reservoirs and beneficial phrases of commerce, we anticipate good gross sales development throughout second half of present fiscal,” Escorts Kubota stated within the alternate submitting.

Within the first half of Fiscal 2025, Escorts Kubota gross sales declined 3.6% year-on-year to 54,177 models, as towards 55,587 models within the year-ago interval. An exports droop—down 24.7% year-on-year—ate into the volumes.

9:13 AM | Auto Gross sales In September 2024: Bajaj Auto

Whole gross sales of Bajaj Auto Ltd. surged but once more as premiumisation and electrical mobility continued to drive home volumes.

The Pune-based automaker dispatched 2,59,333 models to dealerships in September 2024, as towards 2,02,510 models within the year-ago interval—a development of 28% year-on-year, in line with an alternate submitting on Tuesday.

Exports, which used to outpace home gross sales not very way back, grew 13% year-on-year to 1,41,156 models. Total, whole two-wheeler gross sales rose 22% yearly to 4,00,489 models.

8:33 AM | Auto Gross sales In September 2024: M&M

Mahindra & Mahindra Ltd. grew its SUV gross sales by practically a fourth in September 2024, even because the tractor enterprise remained muted.

• Whole SUV gross sales up 24% YoY at 51,062 models.

• Whole exports up 25% YoY At 3,027 models.

• Home tractor gross sales up 3% at 43,201 models.

• Whole tractor gross sales up 2% at 44,256 models.

• Whole three-wheeler gross sales up 27% at 10,044 models.

• Whole industrial car gross sales at 23,706 models.

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