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Weak April Sales Hit Most Top Carmakers
Mint New Delhi
|May 02, 2025
M&M Overtook Hyundai and Tata Motors to the No. 2 Spot in India's Car Market for the Second Time This Year
Three of India's top four carmakers reported weak sales to dealers in April, company data showed on Thursday, as buyers delayed purchases amid concerns about slowing economic growth.
Market leader Maruti Suzuki posted a marginal 0.6% year-on-year rise, while Hyundai Motor India and Tata Motors clocked declines of 11.6% and 5.1%, respectively. Mahindra & Mahindra (M&M), in contrast, reported a near 28% jump in monthly sales, aided by strong demand for its XUV 3X0 and five-door Thar SUVs.
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