{"id":1279823,"date":"2024-03-10T06:36:35","date_gmt":"2024-03-10T01:06:35","guid":{"rendered":"https:\/\/trak.in\/stories\/?p=1279823"},"modified":"2024-03-10T06:36:55","modified_gmt":"2024-03-10T01:06:55","slug":"mg-motors-beat-tata-maruti-hyundai-in-growth-rate-for-february-maruti-still-1-car-brand-in-india","status":"publish","type":"post","link":"https:\/\/trak.in\/stories\/mg-motors-beat-tata-maruti-hyundai-in-growth-rate-for-february-maruti-still-1-car-brand-in-india\/","title":{"rendered":"MG Motors Beat Tata, Maruti, Hyundai In Growth Rate For February; Maruti Still #1 Car Brand In India"},"content":{"rendered":"\n

In the month of February 2024, Maruti retained its top spot of being the best-selling Indian car brand<\/a>. Second in the list is Tata, which beat Hyundai to clinch second spot. Other than Mahindra, MG, and Renault, all other brands have experienced have seen a dip in sales.<\/p>\n\n\n\n

\"MG<\/figure>\n\n\n\n

February 2024 Auto Sales Report<\/strong><\/p>\n\n\n\n

With 1.60 lacs units sold in month of February, Maruti Suzuki retained the top spot. Notably, this is more than the combined sales of other rival which include Tata, Hyundai & Mahindra. While the brand grew 9% YoY, it saw a MoM decline of 4%.<\/p>\n\n\n\n

With a 20% YoY growth, Hyundai sold more than 50 thousand cars in the month of February 2024. Notably, it also saw a 12% MoM decline.<\/p>\n\n\n\n

Mahindra registered a massive 40% YoY increase in car sales and sold 42,000 SUVs in February. It also saw a decline of 1.5%.<\/p>\n\n\n\n

Clinching the 5th<\/sup> spot, Toyota overtook Kia and sold 23,000-odd units last month and despite a minor dip in MoM sales, it saw massive 53% YoY growth.<\/p>\n\n\n\n

Mixed Performance Among Major Automakers<\/strong><\/p>\n\n\n\n

Kia saw a 15% MoM decline in February 2024 and 18% YoY decline and sold 20,000 cars in the month of February.<\/p>\n\n\n\n

With a 17.5 % YoY rise in 2024, Honda saw a decrease of 1500 units in February as compared to January.<\/p>\n\n\n\n

The only automaker to witness positive MoM and YoY sales in February 2024 is 18.5% and 8% respectively and sold more than 4,500 in February 2024.<\/p>\n\n\n\n

Renault saw a 38% decline YoY and registered a MoM growth of 7% with 4000 unit\u2019s sales.<\/p>\n\n\n\n

Last in the list is Volkswagen with 3000 units of car sales with MoM and YoY being 7.5% and 9% respectively.<\/p>\n","protected":false},"excerpt":{"rendered":"

In the month of February 2024, Maruti retained its top spot of being the best-selling Indian car brand. Second in the list is Tata, which beat Hyundai to clinch second spot. Other than Mahindra, MG, and Renault, all other brands have experienced have seen a dip in sales. February 2024 Auto Sales Report With 1.60 […]<\/p>\n","protected":false},"author":26,"featured_media":1279827,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[251,1863],"class_list":["post-1279823","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-hyundai","tag-mg-motors"],"acf":[],"yoast_head":"\nMG Motors Beat Tata, Maruti, Hyundai In Growth Rate For February; Maruti Still #1 Car Brand In India - Trak.in - Indian Business of Tech, Mobile & Startups<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trak.in\/stories\/mg-motors-beat-tata-maruti-hyundai-in-growth-rate-for-february-maruti-still-1-car-brand-in-india\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MG Motors Beat Tata, Maruti, Hyundai In Growth Rate For February; Maruti Still #1 Car Brand In India - Trak.in - Indian Business of Tech, Mobile & Startups\" \/>\n<meta property=\"og:description\" content=\"In the month of February 2024, Maruti retained its top spot of being the best-selling Indian car brand. 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