Hyundai holds its ground as Tata inches closer in May 2024 car sales

Hyundai has managed to outsell Tata Motors in May 2024, despite the latter putting on strong competition.

hyundai creta
The Creta N Line is a sportier offering | Image: Express Drives

As we roll into June 2024, the battle between Hyundai and Tata Motors is strong in terms of passenger vehicle sales, however, Hyundai has managed to hold on to the second spot, while Tata Motors settles for third despite strong performance. The Tata Punch outsold every car to become the best-selling model last month, however, the Creta facelift has given Hyundai the edge to outsell Tata overall.

Hyundai vs Tata sales May 2024

In May 2024, Hyundai registered overall sales of 63,551 units, which include domestic sales of 49,151 units and 14,400 units as exports. The domestic sales for Hyundai registered a YoY growth of 1.13 percent, while its exports saw a YoY growth of 31 percent, accounting for an overall growth of 6.63 percent overall.

For Tata Motors, the company’s overall sales stood at 47,075 units, which includes domestic sales of 46,697 units and 378 units as part of its exports. Tata’s domestic sales saw a growth of 2 percent while its exports saw a massive 257 percent growth, albeit with a small base. For Tata Motors, it was not all growth as its EV sales saw a 4 percent decline with 5,558 units sold in May 2024.

Hyundai vs Tata sales May 2024: Best-selling models and new launches

For Hyundai, the Creta has been the best-seller for many years and it will continue to be that way for a while. The facelift version has even helped Hyundai boost its sales numbers, while other models such as the Exter and Venue continue to do their part.

For Tata Motors, the best-selling model is either the Punch or the Nexon. The Tata Punch has been leading sales for Tata Motors over the last two months, while it was the Nexon before that. The addition of the Punch EV has helped Tata gain numbers. That said, the upcoming Tata Altroz Racer is expected to add to Tata’s sales numbers, while for Hyundai, the Creta EV is something the company will bank on.

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This article was first uploaded on June three, twenty twenty-four, at fifty-five minutes past two in the afternoon.
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