Indian Auto Market Sees Major Shift in Rankings

In a surprising turn of events, Hyundai was pushed out of the top 3 in the Indian car market during the first month of the new financial year. Homegrown giants Mahindra & Mahindra and Tata Motors surged past the Korean car major, with Maruti Suzuki retaining its top position.

Mahindra Leads with Impressive Growth

Mahindra emerged as the second-biggest seller in April, dispatching 52,330 units, marking a 28% growth. The company's success is driven by its robust SUV lineup, including the ScorpioN, Thar, and XUV range, alongside its newly-launched electric vehicles, the XEV9e and BE6.

Tata Motors and Hyundai Face Challenges

At 45,199 units, Tata Motors secured the third spot, slightly ahead of Hyundai's 44,374 units. Both companies, offering a full range of cars, are feeling the pressure from the general slowdown in the domestic car industry, particularly affecting compact cars and sedans.

SUV Segment Continues to Thrive

With an exclusive focus on SUVs, Mahindra remains relatively insulated from the downturn, as the off-roader category continues to attract buyers and grow.

Industry Analysts Predict Ongoing Volatility

Analysts anticipate that the rankings among Mahindra, Hyundai, and Tata Motors may continue to fluctuate in the coming months, reflecting the dynamic nature of the Indian auto market.