The Indian automotive industry in the month of August 2024 was dynamic, with the top five car makers still being at the forefront despite several challenges facing them. This month saw some stiff competition, fluctuating consumer demand, and strategic launches, which had an impact on how these leading players performed. The transition to electric vehicles and new models added complexity to it, hence making it a particularly interesting time for people who follow this industry. In spite of these obstacles, the top five car manufacturers retained their leadership positions, although not without changes in sales figures when compared to the last year – that is, they are Maruti Suzuki, Hyundai, Tata Motors, Mahindra, and Kia, respectively.
| Brand | 24-Jul | 23-Jul | Growth |
|---|---|---|---|
| Maruti Suzuki | 1,37,463 | 1,52,126 | -9.60% |
| Hyundai | 49,013 | 50,701 | -3.30% |
| Tata Motors | 44,727 | 47,630 | -6.10% |
| Mahindra | 41,623 | 36,205 | 15% |
| Toyota | 29,533 | 20,759 | 42.30% |
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