Passenger Vehicles sales in December 2023: FADA Report

A total of 2,93,005 passenger vehicles (PVs) were sold in December 2023 as compared to 2,85,429 PVs sold in December 2022.

Source: Pexels

Among the top sellers were Maruti Suzuki India (MSI) Ltd, Tata Motors Ltd, Hyundai Motors India, Mahindra & Mahindra Ltd (M&M), Kia Motors India and Toyota Kirloskar Motor, according to the FADA.

Source: Pixabay

Maruti Suzuki comprised a lion's share to the passenger vehicle sales across the country last month. MSI sold a total of 1,18,295 PVs in December 2023 and comprised 40.37 per cent of the market share.

Source: Maruti Maruti

Tata Motors sold a total of 43,859 PVs and commanded 14.97 per cent market share in the last month versus 37,190 passenger vehicles sold in December 2022.

Source: PC-Shutterstock

Hyundai Motors sold a total of 39,501 passenger vehicles in December 2023.

Source: Hyundai

Mahindra & Mahindra sold a total of 31,544 PVs in December 2023.

Source: Mahindra

Kia Motors India logged in sales of 15,765 PVs in the same period.

Source: Kia Sonet

Toyota Kirloskar Motor, on the other hand, sold a total of 14,389 units of passenger vehicles in December 2023, the FADA data further said.

Source: Toyota

FADA President Manish Raj Singhania said that SUVs saw strong demand in the segment. He added that the surge in SUV sales was triggered by year-end promotions and the introduction of new models.

Source: Unsplash