Introduction
In today's growing automotive industry, car sales plays vital role to indicate the market trend and consumer preferences for the vehicle selection. Each month and year brings new insights into what vehicles are attracts to the customers. May 2024 data shows the customer choice for the car purchase. Today we are going to see the May month highlights for top 10 best selling cars in India. Maruti Suzuki is the market leader for four wheeler passenger vehicles in India for the long time. In this month also, Maruti Suzuki gained more popularity in the market.
Image Credit: Maruti Suzuki
Overview of the Automotive Market
Market Trends
Current market trend is shifting towards the technology advancements in automotive industry. One of the most significant and notable trend is the increasing the popularity of EVs(Electric vehicles) in India. Rise in the fuel prizes and growing environmental awareness, these are the major factors because of this Indian consumer going towards the electric vehicles(EVs). This is the most efficient and cost effective alternative of a fuel powered vehicles. Demand of SUVs and compact SUVs increased because of improved fuel efficiency, enhancement in features and safety, and the versatility in the vehicles.
Economic Factors
Several economic factors have influenced the car sales in India. Indian economy continuously growing and this will boosting the customer confidence and government is providing subsidies and tax rebates and encouraging for electric vehicles, this is playing important role in driving EV sales. Furthermore, competitive interest rates for the car loans by various banks and NBFCs have made consumer to own the cars.
We can better appreciate the dynamics behind the top selling cars by understanding these economic factors and market trends. This overview sets the stage for the analysis of each vehicle's performance and popularity in the following sections.
List of Top 10 Best Selling Cars
| #1 Maruti Suzuki Swift | |
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Model: Maruti Suzuki Swift Sales Figures: May 2024: 19,393 units May 2023: 17,346 units %Change YoY: 12% Description: Maruti Suzuki Swift has made a grand comback in the indian market, 4th Generation Maruti Suzuki Swift has launched in 2024 with new interior layout, enhanced safety and additional features and a new 3-cylinder petrol engine. Great efficiency, best driving experience and price brackat under Rs. 10 Lakh became the reasons for the success of Maruti Suzuki Swift. Mileage: 24.8 km/l for manual and 25.75 km/l for automatic |
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| #2 Tata Punch | |
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Model: Tata Punch Sales Figures: May 2024: 18,949 units May 2023: 11,124 units %Change YoY: 70% Description: Punch became the popular car in Indian market securing the second best-selling spot in May 2024. This compact SUV comes with the spacious interiors, overall affordability and impeccable safety. Tata Punch is having 5-star safety rating. Tata Punch EV is also comes with two battery choices include 25kWh and 35 kWh battery pack, which offers a range of 315 km and 421 km per charge respectively. |
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| #3 Maruti Suzuki Dzire | |
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Model: Maruti Suzuki Dzire Sales Figures: May 2024: 16,061 units May 2023: 11,315 units %Change YoY: 42% Description: Maruti Suzuki Dzire is a perfect sedan in the Indian market, this is the third best selling car in May 2024. It comes with great comfort, high efficiency spacious interior, lot of features and value for money. Maruti Suzuki Dzire gives the mileage of 22.61 km/l for petrol varient and 31.13 km/kg for CNG model. |
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| #4 Hyundai Creta | |
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Model: Hyundai Creta Sales Figures: May 2024: 14,662 units May 2023: 14,449 units %Change YoY: 1% Description: Hyundai Creta secured the 4th position in the list of best selling car of the month. With the launch of Hyundai Creta Facelift, it became popular car in India with the features like redesigned interiors, evolutionary new exterior, new advanced features and level-2 ADAS(Advanced Driving Assistance System) onboard. The mileage for the Diesel model is upto 21.8 km/l and 18.4 km/l is for petrol model. |
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| #5 Maruti Suzuki WagonR | |
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Model: Maruti Suzuki WagonR Sales Figures: May 2024: 14,492 units May 2023: 16,258 units %Change YoY: -11% Description: Maruti Suzuki WagonR is maintaining its position in the list of best selling cars, this is the value for money car of the Indian consumer. Calassic tall boy looks, impeccable frugal engine and balanced ride quality with the great interior makes it popular in the market. The incredible mileage makes it successful with 25.19 km/l on petrol and 34.05 km/kg on CNG fuel. This car is popular in retail as well as commercial users. |
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| #6 Maruti Suzuki Brezza | |
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Model: Maruti Suzuki Brezza Sales Figures: May 2024: 14,186 units May 2023: 13,398 units %Change YoY: 6% Description: The best seling compact SUV Maruti Suzuki Brezza is included in the list with impressive numbers of sales and YoY growth. The growing popularity of compact SUV is the reason for the success of 2nd generation Brezza. It comes with the amazing features like 360 degree camera, sunroof, and heads-up display. Maruti suzuki Brezza offers hybrid tech for maximum efficiency which makes it a value for money car. It gives 20.15 km/l mileage with petrol and 25.51 km/kg with the CNG varient. |
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| #7 Maruti Suzuki Ertiga | |
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Model: Maruti Suzuki Ertiga Sales Figures: May 2024: 13,893 units May 2023: 10,528 units %Change YoY: 32% Description: Maruti Suzuki Ertiga is one of the most iconic and popular seven seater cars in India. This car is best choice fot the comfort, efficient and most suitable for the family. This car is most affordable and efficient wih the mileage of 20.3 km/l for petrol and 26.11 km/kg for CNG. |
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| #8 Mahindra Scorpio | |
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Model: Mahindra Scorpio Sales Figures: May 2024: 13,717 units May 2023: 9,318 units %Change YoY: 47% Description: Mahindra Scorpio is the true legend when it comes to true SUVs. It has the long legecy of 2 decades. Both the cars Mahindra Scorpio Classic and newly launched Mahindra Scorpio N increased the position in the Indian market with huge popularity and 47% of YoY growth in sales. |
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| #9 Maruti Suzuki Baleno | |
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Model: Maruti Suzuki Baleno Sales Figures: May 2024: 12,842 units May 2023: 18,733 units %Change YoY: -31% Description: Maruti Suzuki Baleno slipped down in the sales with 31% decline in YoY sales growth. But this car is still in the list of top 10 selling cars with the impressive updated features, 360 degree camera, heads up display, bold new exterior and premium Arkamys sound setup. The impressive fuel efficiency of 22.94 km/l on petrol and 30.61 km/kg on CNG makes it a value for money car for the Indian Consumer. |
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| #10 Maruti Suzuki Fronx | |
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Model: Maruti Suzuki Fronx Sales Figures: May 2024: 12,681 units May 2023: 9,863 units %Change YoY: 29% Description: Maruti Suzuki Fronx completed its first year and gained the popularity in the market with its efficient engine, compact bodyline, balanced features, premium cabin and affordable pricing. It becomes best selling car with the YoY growth of 29%. |
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Disclaimer:
The information provided in this blog post is based on the latest available data on the internet and trusted media sources like NDTV Profit, While every effort has been made by us to ensure the accuracy of the information presented, we cannot guarantee that all the details are entirely accurate or up-to-date. readers are encouraged to research and consult multiple sources and conclude their purchasing decisions. This blog does not endorse any brand or model and intended for information purposes only.
Source Credit:
Market analysis and sales figures referenced in this blog have been sourced from NDTV Profit, Spinny, and other sources. For more detailed updates and information on the topic, please visit these links: NDTV Profit and Spinny.
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