Published 12:32 IST, November 4th 2024
Maruti Suzuki to Kia: Top 5 auto manufacturers with highest registration in October 2024
According to the data from Vahan Portal, the auto industry saw a surge of 33 percent on a year-on-year basis and recorded total registrations of 4,75,567 units.
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Vehicle registrations in October: automobile industry in India witnessed a surge in registrations of vehicles in October 2024. data from Vahan Portal, which is an official source of vehicle registration, highlighted that Maruti Suzuki had highest number of registrations in October 2024. automobile industry witnessed a surge of 33 per cent on a year-on-year basis and recorded total registrations of 4,75,567 vehicles. Amid festive season and discounts from automakers, re was a surge in demand and market had a positive momentum in this period. Maruti Suzuki recorded highest registrations, followed by Hyundai Motors India, and ors.
Let us look at top five automakers with highest registrations in October 2024:
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Maruti Suzuki
first position on registration chart is secured by Maruti Suzuki. Maruti Suzuki witnessed total registrations of 1,99,418 vehicles in October 2024. automaker registered a growth of 35 per cent on a year-on-year basis and had a market share of 41.93 per cent.
Hyundai Motors India
Hyundai Motors India was in second position on list of registration charts in October 2024. Amid festive season, company recently brought IPO in India and it was fully subscribed. In October 2024, Hyundai recorded total registrations of 67,854 vehicles and saw a growth of 30 per cent on a year-on-year basis. market share of Hyundai in October 2024 was 14.27 per cent.
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Tata Motors
third position on registrations chart was secured by Tata Motors. Tata Motors recorded a total number of 58,472 vehicle registrations in October 2024 and saw a growth of 32 per cent on a year-on-year basis. Tata Motors recorded a market share of 12.30 per cent in October 2024.
Mahindra and Mahindra
Mahindra and Mahindra were in fourth place on registration chart in October 2024. automaker recorded a total registrations of 57,694 vehicles in October 2024, having a growth of 55 per cent on a year-on-year basis. Mahindra recorded a market share of 12.13 per cent.
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Kia Motors
Kia India was in fifth place on registration chart in October 2024. Kia recorded total registrations of 28,564 vehicles and had a growth of 30 per cent on a year-on-year basis. market share of Kia Motors in October was 6.01 per cent.
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12:32 IST, November 4th 2024