The leading models in terms of sales for the year 2024 include the Maruti Suzuki Baleno, Tata Punch, Maruti Suzuki Wagon R, Tata Nexon, Maruti Suzuki Dzire, Maruti Suzuki Swift, Maruti Suzuki Brezza, Maruti Suzuki Ertiga, Mahindra Scorpio, and the newly introduced Maruti Suzuki Fronx. These vehicles have demonstrated strong market demand and consumer preference throughout the year, reflecting their popularity and competitive performance in the automotive industry.
In January 2024, the automotive industry witnessed notable trends in vehicle sales, particularly within the passenger car segment, which experienced a robust start to the year. A total of 3.94 lakh cars were sold across various segments during this period, marking a substantial 37% increase compared to the preceding month of December 2023. This surge in sales can be attributed to the optimistic consumer sentiment fueled by the fresh start of the new year, coupled with manufacturers significantly ramping up their vehicle deliveries. Notably, January recorded the highest dispatch numbers ever, surpassing even the traditionally strong sales seen during the festive period in October 2023.
The sales landscape in January showcased a mix of familiar contenders and new entrants, adding to the excitement of the market. Noteworthy shifts included the introduction of newcomers such as the Maruti Suzuki Fronx, which made its mark on the sales chart. Additionally, historic moments were witnessed as veteran models like the Hyundai Creta were displaced from their long-held positions for the first time. The dynamics of the January sales chart reflect the dynamism and competitiveness inherent in the automotive industry.
Below presents the comprehensive list of the best-selling cars for the month of January 2024, indicative of the prevailing trends and preferences among consumers during this period.