First Top 10 finish for the Mahindra Scorpio.

It’s another all time record month for the Indian new wholesales market: sales are up 16.3% to 390,853 units. This is the third month in a row that the monthly record for any month is broken, after 360,230 in August and 362,836 in September. The year-to-date volume is up 9.1% to 3,475.317, a record after 10 months. This is the festive season in India which is auspicious to the purchase of new cars, it peaked with Dusshera last month and Diwali in early November. In this context, dealerships had stocked up on cars and were ready for the onslaught of sales for October.

Maruti Suzuki (+19.7%) breaks its monthly volume record at 168,047, eclipsing its previous best of 163,656 established in October 2020. It holds 43% of the market vs. 42.3% so far this year. Hyundai (+14.8%) trails the market slightly up manages its 2nd best ever volume at 55,128, only beaten by the 56,605 it reached also in October 2020. Tata (+6.9%) disappoints at #3 unlike Mahindra (+35.6%) which signs a third consecutive all time high month at 43,708 vs. 41,267 in September. Toyota (+56.3%) is the most dynamic carmaker in the market this month, with Skoda (+34.7%) also positing a solid uptick.

Over in the models lane, the Maruti Suzuki Wagon R (+23%) reclaims the top spot for the first time since last June  and is now only 159 units below the Maruti Suzuki Swift in the race for the year-end pole position. The Swift which is itself up 19.5% this month at #2. At #3, the Tata Nexon (+22.7%) is boosted by its facelift to a new all-time record month at 16,887 sales. It distances the Maruti Suzuki Baleno (-3.2%) and Vitara Brezza (+61.5%). The Tata Punch (+39.5%) is another model breaking its all-time volume record at 15,317, as do the Mahindra Scorpio (+82.5%) at 13,578, lodging its first ever Top 10 finish at #9, and the Mahindra XUV700 (+59.9%) at 9,297.

Previous month: India September 2023: Mahindra, Toyota break records again, all-time high month (again)

One year ago: India October 2022: Maruti Suzuki Alto repeats at #1, market up 29.3%

Full October 2023 Top 14 All brands and Top 80 All models below.

India October 2023 – brands:

PosBrandOct-23%/22Sep2023%/22PosFY221Maruti Suzuki168,04743.0%+ 19.7%11,468,73242.3%+ 10.3%112Hyundai55,12814.1%+ 14.8%2509,87714.7%+ 9.5%223Tata48,34312.4%+ 6.9%3461,33013.3%+ 4.7%334Mahindra  43,70811.2%+ 35.6%4357,84910.3%+ 30.5%445Kia24,3516.2%+ 4.4%6219,7026.3%+ 2.0%556Toyota20,5425.3%+ 56.3%5182,7945.3%+ 32.3%667Honda9,4002.4%– 1.5%767,6571.9%– 16.4%778MG5,1081.3%+ 17.0%848,3481.4%+ 20.6%8109Skoda4,5661.2%+ 34.7%940,3021.2%– 9.5%10910Volkswagen4,0891.0%+ 16.5%1035,4761.0%+ 3.8%111111Renault3,8611.0%– 50.4%1143,8811.3%– 41.2%9812Nissan2,5730.7%– 15.9%1225,4710.7%– 15.5%121213Citroen6300.2%– 47.3%138,3010.2%+ 92.6%131414Jeep5070.1%– 55.4%145,5970.2%– 52.0%1413

India October 2023 – models:

PosModelOct-23/22Sep2023/22PosFY221Maruti Suzuki Wagon R22,080+ 23.0%2176,156– 8.5%212Maruti Suzuki Swift20,598+ 19.5%5176,315+ 18.2%133Tata Nexon16,887+ 22.7%3140,112– 0.2%544Maruti Suzuki Baleno16,594– 3.2%1170,359+ 15.3%325Maruti Suzuki Vitara Brezza16,050+ 61.5%4144,351+ 33.6%496Tata Punch15,317+ 39.5%8122,012+ 13.8%8107Maruti Suzuki DZire14,699+ 19.3%6127,545– 4.4%768Maruti Suzuki Ertiga14,209+ 35.4%7104,136– 3.3%1289Mahindra Scorpio13,578+ 82.5%1197,880+ 93.0%142210Hyundai Creta13,077+ 10.1%9136,254+ 16.1%6711Maruti Suzuki Eeco12,975+ 46.4%14115,750+ 7.9%101112Kia Seltos12,362+ 26.4%1583,250– 3.5%161413Hyundai Venue11,581+ 20.8%10107,715+ 5.9%111214Maruti Suzuki Fronx11,357new1374,834new18 –15Maruti Suzuki Alto11,200– 47.3%20116,596– 15.7%9516Maruti Suzuki Grand Vitara10,834+ 34.6%1298,462+ 668.0%134417Mahindra Bolero9,647+ 10.0%1690,361+ 14.6%151518Mahindra XUV7009,297+ 59.9%1961,332+ 13.5%232019Toyota Innova + Hycross8,183+ 118.9%1769,329+ 27.2%212720Hyundai Exter8,097new1831,174new35 –21Hyundai Elite i207,212– 7.7%2366,386+ 4.3%221722Hyundai Grand i106,552– 26.0%2671,662– 20.3%201323Kia Sonet6,493– 14.7%2773,333+ 0.9%191624Tata Altroz5,984+ 25.5%2259,130+ 19.6%252525Mahindra Thar5,593+ 52.6%2550,145+ 28.8%263126Tata Tiago5,356– 25.5%2179,163+ 41.1%171927Kia Carens5,355– 2.3%3160,817+ 14.3%242328Honda Elevate4,957new2413,464new52 –29Mahindra XUV3004,865– 22.6%2848,959– 1.1%272430Toyota Glanza4,724+ 25.4%2942,499+ 74.7%293531Maruti Suzuki XL64,367+ 75.8%3033,119+ 3.4%343232Maruti Suzuki Celerio4,317+ 0.5%3438,521– 44.3%301833Hyundai Aura (Xcent)4,096– 3.6%3246,033+ 17.7%282934Toyota Hyryder3,987+ 17.8%3334,801+ 665.4%335335Maruti Suzuki S-Presso3,368– 8.4%4029,425– 52.2%372136Honda Amaze2,890– 46.9%3936,139– 7.4%323037MG Hector2,703+ 65.8%3626,695+ 38.4%404638Nissan Magnite2,573– 8.7%4125,471– 11.3%413639Toyota Fortuner2,475+ 21.9%3530,086+ 33.5%364240Skoda Kushaq2,447+ 44.7%4221,538– 4.2%424141Maruti Suzuki Ignis2,374– 49.9%4336,266– 22.3%312642Hyundai Verna2,313+ 6.1%3826,843+ 71.2%384943VW Taigun2,219– 5.8%4817,197– 10.4%474344Renault Triber2,080– 35.0%4621,186– 27.4%433445Skoda Slavia1,943+ 41.2%4916,016– 12.7%494746Tata Harrier1,896– 31.4%5519,916– 28.9%443747Maruti Suzuki Jimny1,852new3714,456new50 –48Hyundai Alcazar1,837– 35.5%4418,964– 24.8%454049VW Virtus1,772+ 65.3%4517,098+ 83.9%485250Tata Tigor1,563– 60.9%5026,793– 33.6%392851Honda City1,553– 52.2%4717,767– 45.4%463352Tata Safari1,340– 23.5%5914,204– 26.2%514853MG Comet1,036new535,008new60 –54Renault Kiger912– 66.0%5413,106– 48.9%533955MG Astor890– 49.8%568,875– 44.3%565056Renault Kwid869– 54.1%589,589– 51.6%554557Toyota Rumion792new522,365new63 –58Maruti Suzuki Ciaz695– 63.1%5110,228– 28.1%545159Mahindra XUV400639new577,244new57 –60Maruti Suzuki Invicto478new622,213new67 –61Jeep Compass398– 45.6%613,317– 62.4%625662MG Gloster247+ 38.0%662,292+ 38.2%656563MG ZS EV232– 70.4%655,478+ 71.1%585964Citroen C3 Aircross224new60675new75 –65Citroen C3222– 81.2%695,164+ 30.1%595866Hyundai Tucson202– 58.5%643,365+ 87.4%616467Toyota Camry197+ 233.9%631,440+ 44.3%717168Toyota Hilux181+ 141.3%741,799+ 238.2%697669Citroen E C3179new712,342new64 –70Skoda Kodiaq176+ 220.0%672,059+ 113.6%687071Kia EV6141– 7.2%72627+ 273.2%767972Hyundai Ioniq 5117new701,018new73 –73Jeep Meridian109– 73.0%752,280– 19.2%666374VW Tiguan98+ 18.1%681,012+ 6.3%747275Mahindra Marazzo89– 58.2%731,298– 12.2%726676Hyundai Kona44– 58.5%76463– 35.5%787377Citroen C5 Aircross5– 66.7%77120– 64.7%828078Toyota Vellfire3– 96.6% –475– 11.0%777579Kia Carnival0– 100.0% –1,675– 45.0%706280Skoda Superb0– 100.0% –421– 69.5%7967

Source: Manufacturers