Sales charts provide a clear picture of our automobile industry and some incredible observations can be made from them.
As per the latest sales data from the month gone by, a resounding 8 out of the top 10 highest-selling cars hail from the Maruti Suzuki brand. The Japanese carmaker is the biggest four-wheeler manufacturer in India since its inception. It has captured the market since time immemorial. Today, it enjoys an unbelievable over 40% market share. This is despite over 10 prominent automobile companies in the country. That is a testament to the kind of love people have for its products. Let us take a look at the sales chart for August 2023.
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Top 10 Highest-Selling Cars in August 2023
Car | Sales |
Maruti Suzuki Swift | 18,653 |
Maruti Suzuki Baleno | 18,516 |
Maruti Suzuki WagonR | 15,578 |
Maruti Suzuki Brezza | 14,572 |
Tata Punch | 14,523 |
Hyundai Creta | 13,832 |
Maruti Suzuki Dzire | 13,293 |
Maruti Suzuki Ertiga | 12,315 |
Maruti Suzuki Fronx | 12,164 |
Maruti Suzuki Eeco | 11,859 |
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This table represents an impressive fact. As many as 8 cars on this list come from Maruti Suzuki. That is simply outrageous. The two non-Maruti cars that were able to feature on this list are the Tata Punch and the Hyundai Creta. Punch is a micro SUV which has taken the market by storm. People love the idea of owning a car with an SUV silhouette at attractive prices. On top of that, it features a 5-star safety rating and imposing exterior styling. On the other hand, the Creta continues to be the highest-selling SUV in the country. It is the go-to choice for a whole bunch of people in the mid-size SUV segment.
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Overall Sales Statistics
In total, there were 3,60,230 cars sold in India in August 2023, compared to 3,27,936 cars sold in the same month last year. This marks a healthy 9.8% year-on-year growth. In fact, the sales are even higher than the previous month (July 2023) where 3,51,908 cars were sold. Hence, this shows a strong growth in the Indian auto sector. That is a welcome scenario after the horrible last couple of years. Firstly, the sector collapsed due to lockdowns and the pandemic. Thereafter, the supply chain issues and semiconductor chip shortage caused a slowdown in production. Finally, the industry is back on track and is set for the upcoming festive season.