India March 2024: Tata Punch best-seller for the first time
The Tata Punch is #1 in India in March.
Indian new car wholesales climb 10% year-on-year in March to an all-time high record for the month to 369,381 units. Note the previous March record was reached just last year. The Q1 tally is up 11.7% to 1,135,030 sales, the highest Q1 figure ever recorded. Maruti Suzuki (+15%) holds 41.3% share vs. 42.3% so far this year. Hyundai (+4.7%) reclaims the 2nd spot it holds year-to-date above Tata (+13.8%). Mahindra (+12.9%) follows at #4 while Toyota (+35.2%) beats its all-time monthly volume record for the third month in a row. The rest of the brands all underperform, with Honda (+5.7%) the only one in positive.
Over in the models lane, we have a momentous event: the Tata Punch (+61.1%) surges to pole position for the first time ever. This the second time in the past four month that the #1 model isn’t a Maruti Suzuki after the Tata Nexon topped the charts last December. Note the Punch sports a lower monthly volume than last month which was a record for the nameplate. Even more significantly, the Punch is now also #1 year-to-date, toppling the Maruti Suzuki Wagon R, down -5.4% to #3 this month. The Hyundai Creta (+17.3%) breaks its monthly volume record and jumps to #2 overall vs. #7 last month and #8 year-to-date. The Mahindra Scorpio (+72.4%) also reaches an all-time high with the Maruti Suzuki Ertiga (+64.9%) and Maruti Suzuki DZire (+18.7%) also in great shape in the remainder of the Top 10. Below, the Toyota Innova/Hycross (+22.6%) hits a monthly record, eclipsing its previous best of 9,368 reached in January 2017.
Previous month: India February 2024: Toyota and Tata Punch break records, all time high February volume
One year ago: India March 2023: Mahindra delivers all time monthly record in market up 4.5%
Full March 2024 Top 14 All brands and Top 79 All models below.
India March 2024 – brands:
PosBrandMar-24%/23Feb2024%/23PosFY231Maruti Suzuki152,71841.3%+ 15.0%1479,79242.3%+ 12.2%112Hyundai53,00114.3%+ 4.7%3160,31714.1%+ 8.6%223Tata50,10513.6%+ 13.8%2155,01013.7%+ 14.9%334Mahindra 40,63111.0%+ 12.9%4126,10011.1%+ 27.1%445Toyota25,1196.8%+ 35.2%571,6166.3%+ 53.8%566Kia21,4005.8%– 0.5%665,3695.8%– 12.5%657Honda7,0711.9%+ 5.7%722,8942.0%+ 11.1%778MG4,6481.3%– 23.2%813,0051.1%– 9.4%889Renault4,2251.1%– 21.6%912,1311.1%– 19.2%91010Volkswagen3,5291.0%– 9.5%109,8150.9%– 3.0%101111Skoda2,8020.8%– 36.8%127,4330.7%– 36.3%12912Nissan2,7010.7%– 17.1%118,3190.7%+ 0.9%111213Citroen1,0060.3%– 50.1%132,0770.2%– 34.0%131314Jeep4250.1%– 37.5%141,1520.1%– 44.7%1414
India March 2024 – models:
PosModelMar-24/23Feb2024/23PosFY231Tata Punch17,547+ 61.1%253,963+ 58.4%182Hyundai Creta16,458+ 17.3%744,946+ 13.8%873Maruti Suzuki Wagon R16,368– 5.4%153,536– 2.1%224Maruti Suzuki DZire15,894+ 18.7%448,504+ 16.9%465Maruti Suzuki Swift15,728– 10.4%1144,263– 15.5%1016Maruti Suzuki Baleno15,588– 3.6%352,735+ 3.2%337Mahindra Scorpio15,151+ 72.4%844,495+ 82.0%9138Maruti Suzuki Ertiga14,888+ 64.9%645,039+ 78.4%7109Maruti Suzuki Vitara Brezza14,614– 9.9%545,682– 1.5%5410Tata Nexon14,058– 4.8%945,635+ 3.1%6511Maruti Suzuki Fronx12,531new1040,342new111712Maruti Suzuki Eeco12,019+ 0.2%1236,185+ 3.2%12913Maruti Suzuki Grand Vitara11,232+ 11.8%1435,672+ 27.9%131414Mahindra Bolero10,347+ 8.4%1530,424+ 9.0%151515Toyota Innova + Hycross9,900+ 22.6%1827,781+ 103.2%181916Hyundai Venue9,614– 4.1%1730,378– 1.2%161117Maruti Suzuki Alto9,332+ 2.1%1333,450– 31.3%141218Kia Sonet8,750+ 0.8%1629,382+ 5.8%172119Hyundai Exter8,475new1924,286new193020Kia Seltos7,912+ 20.7%2220,568– 17.8%201621Mahindra XUV7006,611+ 29.4%2120,363+ 32.2%212322Tata Tiago6,381– 13.4%2019,810– 17.0%221823Mahindra Thar6,049+ 20.8%2317,920+ 24.3%232624Tata Altroz5,985+ 55.0%3015,488+ 14.8%272425Toyota Hyryder5,965+ 71.7%2417,109+ 55.9%253126Hyundai Elite i205,155– 21.8%2517,369– 27.8%242227Hyundai Grand i105,034– 45.9%2716,846– 39.2%262028Hyundai Aura (Xcent)4,883+ 29.4%2615,452+ 10.9%282829Kia Carens4,737– 22.4%2815,417– 23.9%292530Maruti Suzuki XL64,505+ 156.8%3212,961+ 101.1%303431Toyota Glanza4,319+ 28.4%2912,640+ 15.8%312932Toyota Fortuner3,621+ 16.5%3410,229– 0.0%353633Maruti Suzuki Celerio3,478– 25.1%3311,470– 8.4%323334Honda Elevate3,277new3511,047new344535Maruti Suzuki Ignis2,788+ 1.0%427,496– 43.9%403536Nissan Magnite2,701– 17.1%388,319+ 0.9%384037Honda Amaze2,678– 33.0%378,424– 38.5%373238Maruti Suzuki S-Presso2,497+ 2.2%369,010– 12.0%363739Renault Triber2,247– 11.5%416,672– 9.7%424440Mahindra XUV3002,072– 59.6%3111,107– 22.5%332741Tata Safari2,063+ 9.2%397,604+ 82.2%395142Tata Harrier2,054– 19.8%407,242+ 17.1%414343Tata Tigor2,017– 25.4%445,268– 40.6%463944MG Hector1,887– 54.0%435,530– 39.3%443845VW Virtus1,847+ 3.1%465,357+ 13.2%454846Hyundai Verna1,716– 54.3%455,568+ 16.1%434147VW Taigun1,588– 19.6%484,149– 18.5%484748Hyundai Alcazar1,420– 43.6%474,537– 19.2%474649Skoda Slavia1,358– 13.7%533,628– 14.9%495050Skoda Kushaq1,293– 42.6%503,512– 41.9%504251MG Astor1,274+ 10.7%523,276+ 4.7%525652Honda City1,116– 58.6%493,423– 49.0%514953Renault Kiger1,050– 33.0%512,847– 37.1%535354Renault Kwid928– 27.7%552,612– 15.7%545555MG Comet875new542,300new555856Toyota Rumion688new562,057new566157Maruti Suzuki Ciaz590+ 96.7%591,434– 31.5%595458Citroen E C3530– 40.3%73797– 27.6%646859MG ZS EV481– 12.2%581,461– 4.7%585960Toyota Hilux356+ 59.6%62890+ 272.4%616961Mahindra XUV400350– 81.7%571,657– 13.2%575762Maruti Suzuki Invicto348new601,210new606463Jeep Compass329– 16.7%65819– 36.3%626264Maruti Suzuki Jimny318new61803new635265Citroen C3265– 75.3%63710– 64.0%666066Toyota Camry232+ 136.7%64754+ 236.6%657067Citroen C3 Aircross211new68569new677468Skoda Kodiaq136– 67.3%71278– 65.3%726769MG Gloster131– 47.0%66438– 26.0%696570Hyundai Tucson110– 81.1%67450– 64.3%686371Jeep Meridian96– 66.3%69333– 58.3%706672VW Tiguan94– 28.8%70309+ 4.0%717273Hyundai Kona71n/a72259+ 547.5%737874Hyundai Ioniq 565+ 209.5%74226+ 976.2%747575Mahindra Marazzo51– 89.6%76134– 83.8%767376Toyota Vellfire38– 84.1%75156– 51.4%757777Skoda Superb15– 85.6% –15– 94.8%777978Kia EV61new772new787679Citroen C5 Aircross0– 100.0% –1– 98.6%7982
Source: Manufacturers