Maruti Suzuki dominated January, with seven of the top ten cars, but SUVs stole the show. The Baleno led the charge, with newcomers like the Fronx joining the party. SUVs such as Tata’s Punch and Mahindra’s Scorpio/N dominated, taking five spots. Popular models like the Swift remained stable, but the Grand Vitara’s impressive growth hinted at exciting possibilities. Both car and SUV sales increased, indicating a strong market. Maruti remains king, but Tata’s strong SUV presence and Mahindra’s resurgence point to a competitive future. The Indian car market is being driven forward by innovation and diversification.
2024 began on a positive note for the Indian passenger vehicle (PV) market. A total of 3,93,471 cars were dispatched to dealerships across the country, representing a 14% YoY increase and a 37% month-on-month growth. This was reflected in the top ten best-selling cars, with the majority of them experiencing positive growth.
10 Best selling Cars in January 2024
- Maruti Baleno : The Maruti Baleno is a compact hatchback known for its fuel efficiency and sleek design. In January 2024, it was India’s best-selling car, with 19,630 units sold. This represents a 20.01 percent increase over sales in January 2023.Maruti sold 16,357 premium hatchbacks during the same time period last year. Tata Punch finished second with a volume of 17,978 units, representing a significant 50% YoY growth.Sales stood at 19,630 units, up 20.01 percent over 16,357 units sold in January 2023. This was a 3,273 unit volume growth with the Baleno commanding a 12.08 percent share on this list.
- Tata Punch: The Tata Punch is a micro-SUV that debuted in India in October 2021. It quickly became popular due to its spacious cabin and reasonable price. In January 2024, it was India’s second best-selling car, with 17,978 units sold. This represents a 49.74% increase in sales from January 2023.Tata Punch holds an 11.06 percent share of the top ten car sales. Punch has surpassed Nexon to become India’s best-selling SUV, thanks to the recent launch of Punch EV.
- Maruti Waggon R: Maruti WagonR is a tallboy hatchback that has long been a popular choice among Indian buyers. In January 2024, it was India’s third best-selling car, selling 17,756 units. However, this represents a 13.24% decrease in sales from January 2023.
- Tata Nexon: The Tata Nexon is a subcompact SUV that stands out for its safety features and performance. In January 2024, it was India’s fourth best-selling car, selling 17,182 units. This represents a 10.37% increase in sales from January 2023.
- Maruti Dzire: The Maruti Dzire is a compact sedan based on the Swift hatchback. In January 2024, it was India’s fifth best-selling car, selling 16,773 units. This represents a 48.21% increase in sales from January 2023.
- Maruti Swift: The Maruti Swift is a hatchback that stands out for its handling and performance. In January 2024, it was India’s sixth best-selling car, selling 15,370 units. This represents a 6.51% decrease in sales from January 2023.
- Maruti Brezza: The Maruti Brezza is a subcompact SUV that debuted in India in 2016. In January 2024, it was India’s seventh best-selling car, selling 15,303 units. This represents a 6.57% increase in sales from January 2023.
- Maruthi Ertiga : The Maruti Ertiga is an MPV known for its large cabin and versatility. It was India’s eighth best-selling car in January 2024, with 14,632 units sold. This represents a 50.07% increase in sales from January 2023.
- Mahindra Scorpio /N : The Mahindra Scorpio is a mid-size SUV known for its off-road abilities. The Mahindra Scorpio N is a new version of the Scorpio that debuted in India in June 2022. In January 2024, they were the ninth best-selling car in India, selling 14,293 units combined. This represents a 64.00% increase in sales from January 2023.
- Maruti Fronx : The Maruti Fronx is a new crossover SUV that was launched in India on April 23. It was the tenth best-selling car in India in January 2024, selling 13,643 units.
Overall, Maruti Suzuki vehicles dominated the top ten list, with seven models making the cut. Tata Motors had two models on the list, while Mahindra had one.