SUV demand puts Dec PV sales in the fast lane
Financial Express Bengaluru|January 02, 2025
Sales hit 4.3 million in 2024, marking 4.8% growth
RAGHAV AGGARWAL

DRIVEN BY ROBUST demand for sports utility vehicles (SUV), passenger vehicle (PV) sales dispatches from manufacturers to dealers in December stood at 320,000 units, up 14% year-on-year, marking a strong end to 2024.

Of the five leading automakers – Maruti Suzuki, Hyundai Motor India, Tata Motors, Mahindra & Mahindra, and Toyota Kirloskar – which reported their sales number on Wednesday, only Hyundai reported a decline of 1.3%, while Tata Motors reported a low single-digit growth of 2%.

For the 2024 calendar year, PV sales reached approximately 4.3 million units, up 4.8% from 4.1 million in 2023. The SUV segment has been instrumental in this growth, with its share of total PV sales climbing to over 55% at the end of December compared to less than 50% at the end of March this year.

この記事は Financial Express Bengaluru の January 02, 2025 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Financial Express Bengaluru の January 02, 2025 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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