The Tata Punch breaks its volume record and ranks #2 in January.
New car wholesales in India jump 13.8% year-on-year in January to 393,471 units. This is the highest monthly volume ever recorded in India, beating the previous best of 390,853 reached last October. Maruti Suzuki (+13.2%) posts its 2nd best ever volume at 166,802 below the 168,047 of October 2023. It delivers a strong 42.4% share vs. 41.7% over the Full Year 2023. Hyundai (+14%) breaks its all time volume record at #2 and so does Tata (+11.8%) at #3. Mahindra (+30.4%) for its part records its 2nd best ever tally. Below Kia (-17%) in difficulty, Toyota (+82.3%) also manages an all-time high mark. Renault (+27.2%) leaps up four spots on December to #8 and is the only remaining carmaker to beat the market. Jeep (-42.2%) and Skoda (-37.7%) are hit hard.
Model-wise, after a freak event in December when the Tata Nexon took the reins, the pole position returns to Maruti Suzuki with the Baleno (+20%) scoring a 4th win in the past 12 months. The Tata Punch (+49.7%) breaks its monthly volume record and advances to an all-time high 2nd place. The Maruti Suzuki Wagon R (-13.2%) rallies back up 11 spots on December but still remains well below its year-ago level to round out the podium. The Tata Nexon (+10.4%) drops three spots on last month to #4 but reaches a best-ever volume. Maruti Suzuki holds the remaining four spots in the Top 8 with the Dzire (+48.2%), Swift (-6.5%), Vitara Brezza (+6.6%) and Ertiga (+50.1%) in tow. The new Maruti Suzuki Fronx sets a new benchmark at 13,643 sales as does the Grand Vitara (+55.1%) at 13,438.
Previous post: India Full Year 2023: Market above 4 million sales, Maruti Suzuki Swift #1, Tata Nexon #1 in December
One year ago: India January 2023: Toyota, Mahindra, Kia highlight record market
Full January Top 14 All brands and Top 77 All models below.
India January 2024 – brands:
| Pos | Brand | Jan-24 | % | /23 | Dec | FY23 |
| 1 | Maruti Suzuki | 166,802 | 42.4% | + 13.2% | 1 | 1 |
| 2 | Hyundai | 57,115 | 14.5% | + 14.0% | 3 | 2 |
| 3 | Tata | 53,635 | 13.6% | + 11.8% | 2 | 3 |
| 4 | Mahindra | 43,068 | 10.9% | + 30.4% | 4 | 4 |
| 5 | Kia | 23,769 | 6.0% | – 17.0% | 6 | 5 |
| 6 | Toyota | 23,197 | 5.9% | + 82.3% | 5 | 6 |
| 7 | Honda | 8,681 | 2.2% | + 11.0% | 7 | 7 |
| 8 | Renault | 3,826 | 1.0% | + 27.2% | 12 | 10 |
| 9 | MG | 3,825 | 1.0% | – 7.0% | 10 | 8 |
| 10 | Volkswagen | 3,267 | 0.8% | + 12.4% | 8 | 11 |
| 11 | Nissan | 2,863 | 0.7% | + 2.1% | 11 | 12 |
| 12 | Skoda | 2,377 | 0.6% | – 37.7% | 9 | 9 |
| 13 | Citroen | 650 | 0.2% | – 19.2% | 13 | 13 |
| 14 | Jeep | 396 | 0.1% | – 42.2% | 14 | 14 |
India January 2024 – models:
| Pos | Model | Jan-24 | /23 | Dec | FY23 |
| 1 | Maruti Suzuki Baleno | 19,630 | + 20.0% | 8 | 3 |
| 2 | Tata Punch | 17,978 | + 49.7% | 3 | 8 |
| 3 | Maruti Suzuki Wagon R | 17,756 | – 13.2% | 14 | 2 |
| 4 | Tata Nexon | 17,182 | + 10.4% | 1 | 5 |
| 5 | Maruti Suzuki DZire | 16,773 | + 48.2% | 2 | 6 |
| 6 | Maruti Suzuki Swift | 15,370 | – 6.5% | 6 | 1 |
| 7 | Maruti Suzuki Vitara Brezza | 15,303 | + 6.6% | 5 | 4 |
| 8 | Maruti Suzuki Ertiga | 14,632 | + 50.1% | 4 | 10 |
| 9 | Mahindra Scorpio | 14,293 | + 64.0% | 7 | 13 |
| 10 | Maruti Suzuki Fronx | 13,643 | new | 12 | 17 |
| 11 | Maruti Suzuki Grand Vitara | 13,438 | + 55.1% | 18 | 14 |
| 12 | Hyundai Creta | 13,212 | – 12.1% | 13 | 7 |
| 13 | Maruti Suzuki Alto | 12,395 | – 42.1% | 32 | 12 |
| 14 | Maruti Suzuki Eeco | 12,019 | + 2.6% | 10 | 9 |
| 15 | Hyundai Venue | 11,831 | + 10.2% | 9 | 11 |
| 16 | Kia Sonet | 11,530 | + 24.5% | 75 | 21 |
| 17 | Mahindra Bolero | 9,964 | + 16.2% | 15 | 15 |
| 18 | Toyota Innova + Hycross | 9,400 | + 558.7% | 16 | 19 |
| 19 | Hyundai Exter | 8,229 | new | 17 | 30 |
| 20 | Mahindra XUV700 | 7,206 | + 24.5% | 19 | 23 |
| 21 | Hyundai Elite i20 | 7,083 | – 13.5% | 24 | 22 |
| 22 | Hyundai Grand i10 | 6,865 | – 21.6% | 21 | 20 |
| 23 | Tata Tiago | 6,482 | – 28.2% | 23 | 18 |
| 24 | Kia Seltos | 6,391 | – 39.0% | 11 | 16 |
| 25 | Mahindra Thar | 6,059 | + 37.4% | 20 | 26 |
| 26 | Kia Carens | 5,848 | – 26.0% | 31 | 25 |
| 27 | Toyota Hyryder | 5,543 | + 32.2% | 22 | 31 |
| 28 | Hyundai Aura (Xcent) | 5,516 | + 19.0% | 28 | 28 |
| 29 | Tata Altroz | 4,935 | – 13.0% | 27 | 24 |
| 30 | Mahindra XUV300 | 4,817 | – 10.6% | 29 | 27 |
| 31 | Honda Elevate | 4,586 | new | 25 | 45 |
| 32 | Maruti Suzuki Celerio | 4,406 | + 28.9% | 63 | 33 |
| 33 | Maruti Suzuki XL6 | 4,363 | + 69.0% | 36 | 34 |
| 34 | Toyota Glanza | 3,740 | + 12.4% | 26 | 29 |
| 35 | Maruti Suzuki S-Presso | 3,454 | – 14.4% | 72 | 37 |
| 36 | Toyota Fortuner | 3,213 | – 13.1% | 30 | 36 |
| 37 | Honda Amaze | 2,972 | – 46.7% | 35 | 32 |
| 38 | Tata Safari | 2,893 | + 180.3% | 40 | 51 |
| 39 | Nissan Magnite | 2,863 | + 2.1% | 39 | 40 |
| 40 | Tata Harrier | 2,626 | + 67.0% | 43 | 43 |
| 41 | Maruti Suzuki Ignis | 2,598 | – 55.5% | 58 | 35 |
| 42 | Renault Triber | 2,220 | + 23.6% | 52 | 44 |
| 43 | Hyundai Verna | 2,172 | + 118.3% | 51 | 41 |
| 44 | VW Virtus | 1,879 | + 36.3% | 37 | 48 |
| 45 | Hyundai Alcazar | 1,827 | + 18.9% | 45 | 46 |
| 46 | MG Hector | 1,817 | – 25.6% | 38 | 38 |
| 47 | Tata Tigor | 1,539 | – 50.5% | 41 | 39 |
| 48 | VW Taigun | 1,275 | – 12.4% | 34 | 47 |
| 49 | Skoda Slavia | 1,242 | – 12.1% | 42 | 50 |
| 50 | Honda City | 1,123 | – 45.4% | 44 | 49 |
| 51 | Skoda Kushaq | 1,082 | – 46.2% | 33 | 42 |
| 52 | MG Astor | 966 | + 0.8% | 48 | 56 |
| 53 | Renault Kwid | 856 | + 1350.8% | 57 | 55 |
| 54 | Renault Kiger | 750 | – 35.0% | 46 | 53 |
| 55 | Mahindra XUV400 | 697 | new | 53 | 57 |
| 56 | Toyota Rumion | 639 | new | 47 | 61 |
| 57 | MG Comet | 505 | new | 49 | 58 |
| 58 | Maruti Suzuki Invicto | 496 | new | 54 | 64 |
| 59 | MG ZS EV | 398 | – 15.5% | 56 | 59 |
| 60 | Maruti Suzuki Ciaz | 363 | – 63.7% | 55 | 54 |
| 61 | Toyota Camry | 312 | + 428.8% | 68 | 70 |
| 62 | Toyota Hilux | 289 | + 28800.0% | 60 | 69 |
| 63 | Jeep Compass | 286 | – 41.0% | 64 | 62 |
| 64 | Citroen C3 | 234 | – 70.3% | 61 | 60 |
| 65 | Citroen C3 Aircross | 231 | new | 59 | 74 |
| 66 | Citroen E C3 | 184 | new | – | 68 |
| 67 | Hyundai Tucson | 183 | + 1.7% | 66 | 63 |
| 68 | Maruti Suzuki Jimny | 163 | new | 50 | 52 |
| 69 | MG Gloster | 139 | – 43.0% | 69 | 65 |
| 70 | VW Tiguan | 113 | + 56.9% | 62 | 72 |
| 71 | Jeep Meridian | 110 | – 45.0% | 67 | 66 |
| 72 | Hyundai Kona | 102 | + 155.0% | 74 | 78 |
| 73 | Hyundai Ioniq 5 | 95 | new | 70 | 75 |
| 74 | Toyota Vellfire | 61 | + 177.3% | 73 | 77 |
| 75 | Skoda Kodiaq | 53 | – 73.0% | 65 | 67 |
| 76 | Mahindra Marazzo | 32 | – 80.5% | 71 | 73 |
| 77 | Citroen C5 Aircross | 1 | – 93.8% | 77 | 82 |
Source: Manufacturers
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