Domestic passenger vehicle sales lose momentum in April tribuneindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribuneindia.com Daily Mail and Mail on Sunday newspapers.
Last month, sales of cars, sedans, and utility vehicles in the local market increased by approximately 2%, reaching around 338,341 vehicles, compared to 332,468 units sold in April 2023. This marks the 16th consecutive month of best-ever monthly sales for automakers in the region. Despite a moderation in growth rate, the absolute volume remained robust. Maruti Suzuki, Hyundai, and Tata Motors reported marginal increases in sales, while SUV sales surged by about 15%, constituting 53.6% of total car sales.
Hyundai Domestic Sales 2024: Hyundai totally sold 58,201 units in April 2023, which posted a Y-o-Y growth of 9.5% with 63,701 units in April 2024. The company’s exports also saw a growth of 58.8% in April 2024 with 13,500 units sold in previous month.