Here’s a breakdown of the highlights from the month:
JSW MG Motor India
JSW MG Motor India reported a 20% rise in wholesales, reaching 6,019 units in November 2024 compared to the same month last year.
The company’s electric crossover, Windsor, led this growth with 3,144 units sold, maintaining its strong momentum for the second consecutive month.
Notably, new energy vehicles (NEVs) accounted for 70% of the total monthly sales, highlighting their significant contribution to the company’s overall performance.
Escorts Kubota
Escorts Kubota faced a decline in November 2024, with total sales falling 9.4% year-on-year, totaling 8,974 units. The company sold 8,730 tractors domestically, marking an 8.1% drop from the previous year.
Exports also shrank by 39.5% to 244 units. However, during the festive months (September-November), Escorts saw a 9% rise in tractor sales, amounting to 38,554 units.
Toyota India
Toyota Kirloskar Motor India experienced 44% surge in sales, reaching 25,586 units in November 2024, up from 17,818 units last year.
This surge was largely driven by a strong demand for the company’s SUVs.
The increase marks another successful month for the automaker in India.