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:

PosBrandJan-24%/23DecFY231Maruti Suzuki166,80242.4%+ 13.2%112Hyundai57,11514.5%+ 14.0%323Tata53,63513.6%+ 11.8%234Mahindra  43,06810.9%+ 30.4%445Kia23,7696.0%– 17.0%656Toyota23,1975.9%+ 82.3%567Honda8,6812.2%+ 11.0%778Renault3,8261.0%+ 27.2%12109MG3,8251.0%– 7.0%10810Volkswagen3,2670.8%+ 12.4%81111Nissan2,8630.7%+ 2.1%111212Skoda2,3770.6%– 37.7%9913Citroen6500.2%– 19.2%131314Jeep3960.1%– 42.2%1414

India January 2024 – models:

PosModelJan-24/23DecFY231Maruti Suzuki Baleno19,630+ 20.0%832Tata Punch17,978+ 49.7%383Maruti Suzuki Wagon R17,756– 13.2%1424Tata Nexon17,182+ 10.4%155Maruti Suzuki DZire16,773+ 48.2%266Maruti Suzuki Swift15,370– 6.5%617Maruti Suzuki Vitara Brezza15,303+ 6.6%548Maruti Suzuki Ertiga14,632+ 50.1%4109Mahindra Scorpio14,293+ 64.0%71310Maruti Suzuki Fronx13,643new121711Maruti Suzuki Grand Vitara13,438+ 55.1%181412Hyundai Creta13,212– 12.1%13713Maruti Suzuki Alto12,395– 42.1%321214Maruti Suzuki Eeco12,019+ 2.6%10915Hyundai Venue11,831+ 10.2%91116Kia Sonet11,530+ 24.5%752117Mahindra Bolero9,964+ 16.2%151518Toyota Innova + Hycross9,400+ 558.7%161919Hyundai Exter8,229new173020Mahindra XUV7007,206+ 24.5%192321Hyundai Elite i207,083– 13.5%242222Hyundai Grand i106,865– 21.6%212023Tata Tiago6,482– 28.2%231824Kia Seltos6,391– 39.0%111625Mahindra Thar6,059+ 37.4%202626Kia Carens5,848– 26.0%312527Toyota Hyryder5,543+ 32.2%223128Hyundai Aura (Xcent)5,516+ 19.0%282829Tata Altroz4,935– 13.0%272430Mahindra XUV3004,817– 10.6%292731Honda Elevate4,586new254532Maruti Suzuki Celerio4,406+ 28.9%633333Maruti Suzuki XL64,363+ 69.0%363434Toyota Glanza3,740+ 12.4%262935Maruti Suzuki S-Presso3,454– 14.4%723736Toyota Fortuner3,213– 13.1%303637Honda Amaze2,972– 46.7%353238Tata Safari2,893+ 180.3%405139Nissan Magnite2,863+ 2.1%394040Tata Harrier2,626+ 67.0%434341Maruti Suzuki Ignis2,598– 55.5%583542Renault Triber2,220+ 23.6%524443Hyundai Verna2,172+ 118.3%514144VW Virtus1,879+ 36.3%374845Hyundai Alcazar1,827+ 18.9%454646MG Hector1,817– 25.6%383847Tata Tigor1,539– 50.5%413948VW Taigun1,275– 12.4%344749Skoda Slavia1,242– 12.1%425050Honda City1,123– 45.4%444951Skoda Kushaq1,082– 46.2%334252MG Astor966+ 0.8%485653Renault Kwid856+ 1350.8%575554Renault Kiger750– 35.0%465355Mahindra XUV400697new535756Toyota Rumion639new476157MG Comet505new495858Maruti Suzuki Invicto496new546459MG ZS EV398– 15.5%565960Maruti Suzuki Ciaz363– 63.7%555461Toyota Camry312+ 428.8%687062Toyota Hilux289+ 28800.0%606963Jeep Compass286– 41.0%646264Citroen C3234– 70.3%616065Citroen C3 Aircross231new597466Citroen E C3184new –6867Hyundai Tucson183+ 1.7%666368Maruti Suzuki Jimny163new505269MG Gloster139– 43.0%696570VW Tiguan113+ 56.9%627271Jeep Meridian110– 45.0%676672Hyundai Kona102+ 155.0%747873Hyundai Ioniq 595new707574Toyota Vellfire61+ 177.3%737775Skoda Kodiaq53– 73.0%656776Mahindra Marazzo32– 80.5%717377Citroen C5 Aircross1– 93.8%7782

Source: Manufacturers