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regular-article-logo Friday, 22 November 2024

Maruti Suzuki, Hyundai and Tata Motors report decline in wholesales in August

Market leader Maruti Suzuki India said its total domestic passenger vehicle wholesales were at 1,43,075 unitslast month compared with 1,56,114 units in the year-ago month, registering a dip of 8 per cent

Our Bureau, PTI Calcutta Published 02.09.24, 11:28 AM
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Leading automakers Maruti Suzuki, Hyundai and Tata Motors reported decline in wholesales in August as the companies curtailed vehicle dispatches amid drop in demand and cut in inventories at dealer level.

Market leader Maruti Suzuki India said its total domestic passenger vehicle wholesales were at 1,43,075 unitslast month compared with 1,56,114 units in the year-ago month, registering a dip of 8 per cent.

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Utility vehicle dispatches, consisting of Grand Vitara, Brezza, Ertiga, Invicto, Fronx and XL6, however, rose to 62,684 units last month compared with 58,746 units earlier.

Rival Hyundai reported an 8 per cent dip in domestic dispatches last month at 49,525 units, from 53,830 units in the year-ago period.

Similarly, Tata Motors reported a 3 per cent dip in passenger vehicle wholesales at 44,142 units last month compared with 45,513 units in the year-ago month.

Kia India achieved sales of 22,523 unit sales, a 17.19 per cent growth compared with 19,219 units sold a year ago.

JSW MG Motor India reported 9 per cent growth in sales at 4,571 units.

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