Car sales in India rose 30% year on year in May to 148,481 units, according to the Society of Indian Automobile Manufacturers (SIAM).
Market leader Maruti Suzuki continued to post higher sales of its hatchback A-Star, Ritz and Swift models while Hyundai reported increased sales of its i10 and i20.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
A-Star (as the Alto and Nissan Pixo), Swift, i10 and i20 are all exported and SIAM said passenger vehicle shipments abroad were up almost 20%.
Car sales have been on the increase in India due to inexpensive loans, new models and a recovery in demand. The latest figures are the best May result ever.
Maruti Suzuki sales rose 21% to 76,120 cars in May from a year earlier and Hyundai reported 27,151 sales, up 15%.
SIAM also said that sales of trucks and buses, a barometer of economic activity, jumped 58% to 48,580 units in May,
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataThe Indian auto market is forecast to triple over the next decade to 6m cars a year from 2m now.
