When it comes to year-on-year (YoY) gross sales, the Indian automotive market recorded a gross sales of 1,91,320 items (185.71 per cent) as in opposition to 1,91,320 items (185.71 per cent) achieved in Could 2021 with automotive makers Black entered. In Could 2021, the carmaker bought only one,03,022 items because the pandemic and chip shortages ravaged the business. Each carmaker confirmed a rise in gross sales besides the French carmaker Citroen.
When it comes to MoM metrics, the Indian automotive market grew by solely 0.31 per cent (907 items) from April 2022’s gross sales depend of two,93,435 items. The carmaker was break up down the center with 7 in black and the opposite 7 in crimson.
Allow us to now take a look on the high 10 Indian automotive producers when it comes to gross sales numbers for the reason that month of Could 2022.
1) Maruti Suzuki – 1,24,474 items
When it comes to YoY gross sales, the month of Could 2022 was a blockbuster for Maruti as gross sales grew by an astonishing 278.31 per cent (91,571 items) as in comparison with Could 2021, when it bought 32,903 items. MoM gross sales have been additionally rising by 2.03 per cent (2,479 items) as in comparison with April 2022, when the carmaker bought 1,21,995 items.
2) Tata Motors – 43,341 items
Tata Motors loved a record-breaking interval in Could 2022, with the carmaker registering its finest ever gross sales numbers, which in flip allowed it to surpass the Hyundai TP on the second place on the gross sales charts.
Tata Motors’ annual gross sales grew by 185.50 p.c (28,160 items) in comparison with Could 2021, when Tata bought solely 15,181 items. The MoM’s gross sales numbers additionally elevated by 4.22 per cent (1,754 items) as in comparison with the April 2022 determine of 41,587 items.
3) Hyundai – 42,293 items
South Korean carmaker Hyundai misplaced its place because the second largest carmaker in India when it comes to gross sales within the month of Could 2022, regardless of a rise of 69.17 per cent (17,292 items) in YoY gross sales in comparison with Could 2021, when The Korean automotive big had bought 25,001 items. in India. Hyundai’s MoM gross sales contracted by 3.88 per cent (1,708 items) in comparison with April 2022 gross sales of 44,001 items.
4) Mahindra – 26,904 items
Mumbai-based carmaker Mahindra additionally loved 31 days of gross sales in Could 2022. Mahindra YoY gross sales numbers have been an enormous enhance of 236.13 per cent (18,900 items) as in comparison with Could 2021, when it bought simply 8,004 automobiles and SUVs. MoM gross sales additionally elevated by 19.44 per cent (4,378 items) as in comparison with April 2022, when Mahindra bought 22,526 items.
5) Kia – 18,718 items
Kia loved one other good month of gross sales for the South Korean carmaker with gross sales up 69.39 p.c (7,668 items) in comparison with Could 2021, when it bought 11,051 items. MoM’s gross sales, nevertheless, have been down simply 1.58 per cent (301 items) from April 2022, when it bought 19,019 items.
Japanese carmaker Toyota recorded the best development when it comes to share factors in Could 2022 with gross sales of 10,216 items. This was 1,344.98 per cent (9,509 items) greater than the Could 2021 gross sales determine of solely 707 items. Nonetheless, the MoM’s gross sales numbers have been down by 32.28 per cent (4,869 items) as in comparison with final month’s gross sales of 15,085 items.
Honda continued its maintain on the seventh place with gross sales of 8,188 within the month of Could 2022. When it comes to YoY gross sales, Honda’s Could 2021 gross sales numbers grew by 302.95 per cent (6,156 items) as in comparison with simply 2,032 items. Honda’s MoM gross sales numbers elevated by 3.99 per cent (314 items) as in comparison with April 2022, with the Japanese marque promoting 7,874 automobiles and SUVs within the fourth month of 2022.
Renault bought a complete of 5,010 items in Could 2022, which noticed a 91.22 per cent (2,390 items) enhance within the French carmaker’s YoY gross sales numbers in comparison with Could 2021, when it bought solely 2,620 items. MoM gross sales metrics contracted 34.03 per cent (2,584 items) as in comparison with 7,594 items in April 2022.
Skoda occupied the ninth place within the gross sales chart for Could 2022, with the Czech carmaker promoting 4,604 items in a interval of 31 days. Skoda’s YoY numbers elevated by an astonishing 543.02 per cent (3,888 items) as in comparison with Could 2021, when it bought solely 716 items. MoM metrics have been down 10.64 per cent by 548 items as in comparison with 5,152 items in April.
The final spot within the high 10 listing was occupied by the Chinese language-owned British carmaker MG Motor. MG bought a complete of 4,008 items in Could 2022, up 294.49 per cent (2,992 items) in comparison with the identical interval final yr, when it bought only one,016 items.
Month-on-month gross sales numbers for MG have been additionally within the black, with the carmaker rising 99.60 per cent (2,000 items) in gross sales numbers, the best when it comes to share numbers in the complete Indian automotive market. MG bought a complete of two,008 items in April 2022.
Consideration of gross sales numbers of 4 wheelers on Could 2022
The Indian automotive market is displaying indicators of enchancment with an enormous 185.71 p.c year-on-year gross sales development. Whereas the month-on-month development was not that nice, hopefully it’s a signal of excellent issues to come back.