Maruti Suzuki, Hyundai, and Tata Motors report sales declines due to reduced dispatches and falling demand.

In September 2024, major Indian automakers Maruti Suzuki, Hyundai, and Tata Motors reported declines in wholesales due to reduced dispatches aimed at managing inventory amid falling demand. Maruti's domestic passenger vehicle sales dropped by 4%, Hyundai's by 6%, and Tata's by 8%. Conversely, Mahindra & Mahindra and Toyota Kirloskar saw increases in wholesales. The industry anticipates improved sales in October during the festive season, despite current challenges.

October 01, 2024
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