Overview

• Toyota Kirloskar Motor sold 30,864 units in May, marking a 22% year-on-year increase fueled by strong SUV and MPV demand and solid performances from badge-engineered models.
• Mahindra & Mahindra recorded 84,110 May sales, up 17% from last year with SUV volumes jumping 21% to 52,431 units and gains in light commercial vehicles and three-wheelers.
• Mahindra’s farm equipment division saw domestic tractor sales rise 10% to 38,914 units on the back of favourable monsoon forecasts boosting rural demand.
• Tata Motors’ total May deliveries fell 8.6% to 70,187 units, although its electric vehicle sales edged up 2% to 5,685 units.
• Industry sentiment remains positive with expectations that SUV popularity and improved rural purchasing power will drive further auto market expansion in coming months.