newsio aggregates and links to original sources. We do not own the original images or content. If you believe content infringes on intellectual property rights, contact us — it will be removed at first notice.

robotics / news / / NDTV Profit

India's largest car manufacturer Maruti Suzuki reported a strong performance for the month.

Maruti Suzuki's May sales rose 35% year-on-year to 2.42 lakh units, exceeding estimates.

KEY POINTS
Major automakers released sales data for the month of May on Monday. India's largest car manufacturer Maruti Suzuki reported a strong performance for the month, with total sales rising 35% year-on-year to 2.42 lakh units, beating the estimates of 2.27 lakh units. Domestic sales climbed 35% to 2 lakh units, while exports grew 34% to 41,914 units, reflecting robust demand across segments. Passenger car sales led the growth, surging 42% to 97,830 units, while light commercial vehicle (LCV) sales rose 17% to 3,198 units. ALSO READ: Hyundai Cars To Get Costlier As Automaker Announces Price Hike Up To Rs 12,800 Meanwhile, Mahindra and Mahindra total sales for May stood at 99,636 units, up 20% year-on-year, driven by strong performance across segments. The automaker reported better-than-expected numbers in the tractor vertical, with sales at 49,695 units beating estimates of 41,800 units. Domestic tractor sales rose 23% to 47,845 units, while exports surged 7% to 1,850 units. Passenger vehicle sales for M&M stood at 58,021 units, ahead of estimates of 57,000 units, while exports jumped 37%. LCV sales posted a 19% jump to 24,079 units. Three-wheeler sales also saw a sharp jump of 89% to 12,536 units. In contrast, Hyundai Motor missed estimates of 64,500 units with total sales at 61,137 units. Total sales rose 4.1% at 61,137 units, while domestic sales surged 9.1% at 47,837 units on an year on year basis. ALSO READ: Auto Sector Faces Rs 25,000 Crore Hit For FY26 On End-of-life Vehicle Rule
COMPANIES
Read the full story on NDTV Profit →
Share X LinkedIn

Summarized by Newsio from NDTV Profit. How we summarize →