Tata Motors Punch Drops To 4th Position In July; Nexon Rises To 7th In Top-Selling Cars List
byBenzinga India StaffBenzinga Staff Writer
August 6, 2024 7:50 PM
1 min read
LinkedIn
Share on WhatsApp
Take Stock Of The Week Ahead

Get all the latest Share Market trends and news to set you up for the week ahead.

Congratulations!
You have successfully subscribed.

Tata Motors‘ Punch, the best-seller in June, slipped to fourth place with 16,121 units sold, in July, a 34% year-on-year growth. Tata’s Nexon also saw sales go up around 13% to 13,902 units compared to July 2023.

What Happened: Hyundai‘s Creta topped the sales chart with 17,350 units sold, registering a 23% YoY growth. The new Creta also reached the 1 lakh sales milestone since its launch in January 2024.

In June 2024, Tata Motors’ Punch was the best-selling car in India, selling 18,238 units, a 65% increase from the same month the previous year. However, the sales dipped slightly from the 18,949 units sold in May 2024. Nexon had bagged the 10th spot in June.

ModelJuly 2024July 2023Growth
Hyundai Creta17,35014,06223%
Maruti Suzuki Swift16,85417,896-6%
Maruti Suzuki Wagon R16,19112,97025%
Tata Punch16,12112,01934%
Maruti Suzuki Ertiga15,70114,3529%
Maruti Suzuki Brezza14,67616,543-11%
Tata Nexon13,90212,34913%
Mahindra Scorpio12,23710,52216%
Maruti Suzuki Eeco11,91612,037-1%
Maruti Suzuki Dzire11,64713,395-13%

See Also: PB Fintech Q1 Net Profit At ₹60 Cr, Revenue Jumps 51%

Maruti Suzuki’s Swift and Wagon R followed closely, with sales of 16,854 and 16,121 units respectively. However, Swift experienced a 6% YoY sales decline, while Wagon R saw a 25% growth. Maruti dominated the list yet again bagging six out of the top 10 places.

Other notable performers include Mahindra’s Scorpio with 12,237 units sold, and Maruti Suzuki’s Ertiga and Brezza, selling 15,701 and 14,676 units respectively.

Read Next: IRFC To Post Q1 Financial Results On August 12: What Investors Can Expect

Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.

Don't miss a beat on the share market. Get real-time updates on top stock movers and trading ideas on Benzinga India Telegram channel.

Comments
Loading...
Posted In: EquitiesNewsRetail SalesMarketsHyundaiMaruti SuzukiTata GroupTata Motors