YoY PV Exports Surge In July Despite Domestic Sales Dip

YoY PV Exports Surge In July Despite Domestic Sales Dip

Data released by the Society of Indian Automobile Manufacturers (SIAM) show a modest uptick in Year-over-Year (YoY) exports in the passenger vehicle (PV) segment despite a slight slump in domestic sales volumes. 

The category representing passenger vehicles, utility vehicles and vans cumulatively recorded 61,929 units being exported in July 2024 compared to 59,594 units in July 2023. Domestic sales volume, however, stood at 2,96,785 units in 2024 compared to 3,02,727 units a year earlier. 

Nonetheless, the production volumes within the PV segment witnessed a YoY uptick with 3,97,854 units manufactured in July 2024 compared to 3,93,094 units a year ago.

Maruti Suzuki India clinched top place for exports in utility vehicles and van while Hyundai Motor India was the frontrunner in the passenger car segment in July 2024. 

Hyundai Motor India exported 12, 297 units (passenger cars) while Maruti Suzuki India shipped off 13,694 units (utility vehicles) and 651 units (vans), respectively. The latter also cliched the second place in passenger car exports with 9,551 units. 

This trend saw a flip in domestic sales with Maruti Suzuki clinching top spot. It sold 69,245 units (passenger car) during July 2024 compared to 16,037 units of Hyundai Motor India. In the utility vehicle and van category Maruti Suzuki sold 56,302 and 11,916 units compared to 16,037 units of Hyundai Motor India. 

India’s three-wheeler market showcased mixed growth in July 2024, as highlighted by SIAM’s latest report. Overall production rose to 90,505 units, marking a 6.1 percent increase compared to July 2023. Bajaj Auto Ltd. led the segment, with production growing by 18 percent to 56,085 units, driven by robust domestic sales of 37,852 units and steady exports.

Mahindra & Mahindra Ltd. saw a notable shift in its passenger carrier segment, with a production decline to 1,384 units in July 2024 from 3,275 units a year earlier. However, the company’s e-rickshaw segment gained momentum, producing 1,606 units, a 19 percent dip from 2023, but still showing resilience.

In goods carriers, production across manufacturers slightly dipped to 8,721 units, down from 9,654 in July 2023, despite Bajaj Auto’s growth in this subsegment. 

The two-wheeler industry displayed robust growth in July 2024. The sector’s production soared by 21 percent YoY, reaching 19,48,223 units, compared to 16,08,414 units in July 2023. This growth was led by the scooter segment, which surged 41.2 percent to 6,54,748 units. Honda Motorcycle & Scooter India and TVS Motor Company were the primary drivers, reflecting strong demand across urban and semi-urban markets.

The motorcycle segment also recorded healthy growth, with production increasing by 12.8 percent to 12,49,903 units. Bajaj Auto Ltd and Hero MotoCorp Ltd maintained their leadership positions, contributing significantly to this expansion. TVS Motor Company Ltd further solidified its presence, with gains across scooters, motorcycles, and mopeds. Notably, mopeds saw a 19 percent rise in production to 43,572 units, highlighting their continued relevance in certain markets.

Domestic sales remained strong, with the two-wheeler market clocking 14,41,694 units, up from 12,82,054 units in July 2023. Scooters and motorcycles were the top performers, with domestic sales of 5,53,642 units and 8,50,489 units, respectively. 

On the export front, the sector experienced a 7.8 percent rise, reaching 3,24,908 units. Yamaha Motor India and TVS Motor Company led this growth, showcasing the increasing global appeal of Indian two-wheelers.

Overall, the two-wheeler industry continues to thrive, driven by strong domestic demand and a solid export performance, reinforcing its critical role in India’s automotive landscape.

Commenting on July-2024 performance, SIAM Director General Rajesh Menon said, “In July 2024, passenger vehicle segment de-grew by (-)2.5 percent compared to July 2023, posting a sales of about 3.42 lakh units. Three-wheelers posted a growth of 5.1 percent compared to July last year, with sales of 0.59 Lakh units in July 2024, which is close to the peak of 2018-19. Two-wheeler segment also posted a decent growth of 12.5 percent in July 2024 as compared to July 2023, with sales of 14.42 Lakh units”.

Commenting on sales data of July 2024, SIAM President Vinod Aggarwal said, “Though three-wheeler and two-wheeler segments are performing well, there has been some de-growth of passenger vehicles and commercial vehicles in July 2024, compared to July 2023. The above average rainfall coupled with upcoming festive season is likely to again propel growth in the short term. In addition, enabling budget announcements which emphasises on overall economic growth with fiscal support for infrastructure and rural sector should augur well for the automobile sector in the medium term.”

 

Photo: Prateek Karandikar (Wikimedia Commons)

Hyundai Alcazar Corporate Variant With Panoramic Sunroof Launched At INR 1.78 Million

Hyundai Alcazar

Hyundai Motor India (HMIL) has expanded its Alcazar SUV range with a new Corporate variant with diesel powertrain at prices starting INR 1.78 million and an expansion of automatic transmission options in the Prestige DCT Petrol (7-speed) at INR 1.86 million.

The Alcazar Corporate variant is equipped with a voice-enabled smart Panoramic Sunroof and is available with both 6-speed Manual and 6-speed Automatic transmission choices, and is designed to appeal to the evolving aspirations of Indian SUV buyers.

Tarun Garg, Whole-Time Director and Chief Operating Officer, Hyundai Motor India, said, “At Hyundai Motor India, we are continuously listening to customer feedback and evolving our product offerings to meet their aspirations. The introduction of the Corporate variant in Alcazar Diesel with a voice enabled smart panoramic sunroof and the inclusion of DCT in the Prestige Petrol variant reflects our commitment to providing a more personalized and premium SUV experience. With these updates, we aim to offer more choice and delight to our customers who seek performance, technology and sophistication in their vehicles.”

HYUNDAI ALCAZAR
Premium Exteriors Quad beam LED headlamps
LED turn signal with sequential function
R17 (D=436.6 mm) Diamond cut alloys
Bridge type roof rails
Premium Convenience Smart key with push button start
Dual zone automatic temperature control (DATC)
Voice enabled smart panoramic sunroof
Ambient light on crashpad, front and rear doors
Hi-Tech Experience 26.03 cm (10.25") HD Audio Video Navigation System
Wireless Android Auto & Apple Carplay (Wired to Wireless Adapter)
Hyundai Bluelink (connected car technology)
Front row wireless charger
Advanced Safety 6 airbags
Electronic stability control (ESC)
Hill-start assist control (HAC)
Vehicle stability management (VSM)

Tata Motors Bets On Familiar Design To Tap Into New Customer Base

Tata Harrier.ev

When Tata Motors launched the Harrier.ev, it wasn’t just introducing another electric vehicle — it was signalling a shift in India’s premium electric vehicle landscape. Based on Tata’s Gen 2 EV (acti.ev+) architecture, the Harrier.ev blends familiarity with futuristic design, making electrification a natural progression rather than a disruptive leap.

Interestingly, the company is providing a lifetime warranty on the battery for the first vehicle owners, applicable only to private owners. 

Anand Kulkarni, Chief Product Officer, Tata Passenger Electric Mobility, told Motoring Trends, “We have said that our Gen 2 approach is basically a pure EV approach. Much the same way, the acti.ev+, in fact, we have taken that architecture further ahead on the Harrier.ev to make sure that you can get the seating comfort of a regular SUV without any compromise on the battery or powertrain.”

While rivals explore born-electric platforms from scratch, Tata’s strategy with the Harrier.ev is different – marrying known aesthetics with a ground-up EV design. That’s not just a technical decision, but as Kulkarni stated, it’s rooted in customer behaviour.

“There is a section of people who are saying, who want the comfort and the familiarity of the product that they are using. So we have made a product that retains that familiarity, while giving them the benefits of electrification,” Kulkarni explained.

The Harrier.ev isn’t just about powertrains and batteries – it’s about creating a ‘third space.’ With features like a 14.5-inch Neo QLED screen and Dolby audio, Tata wants the Harrier.ev to be as comfortable and connected as a living room.

“You have office, you have home, and everything in between is where you spend a lot of time in the car. People expect it to be comfortable, convenient, connected and safe,” Kulkarni said.

Even as the EV market rapidly matures, Tata remains mindful of long-term viability. Decisions around battery size, AWD vs FWD configurations, and software-driven features were all taken with a delicate balance of affordability and future-readiness in mind.

“We worked with two sizes of batteries. This was about making the right choices,” said Kulkarni, noting how Tata’s dual-battery strategy is now industry standard.

As Kulkarni explained, For Tata, the Harrier.ev is more than a product – it's a culmination of years of foresight, strategic evolution and a deep understanding of the Indian consumer. It’s a vehicle that reflects not just where the market is headed, but how Tata Motors is determined to lead it there.

Toyota Kirloskar Motor Introduces Neo Drive Variant For Fortuner And Legender SUVs

Toyota Legender 48V

Toyota Kirloskar Motor (TKM) has launched the Fortuner and Legender in a new Neo Drive in a hybrid avatar, featuring a 48-volt system that delivers improved fuel efficiency. The models are priced at INR 4.47 million and INR 5.09 million, respectively.  

Since its debut in 2009, the Toyota Fortuner has defined the premium SUV segment in India, admired for its rugged design, robust performance and unmatched all-terrain capabilities. The stylish and feature-rich Legender complements the Fortuner, exemplifying Toyota’s core values of quality, durability and reliability. Together, they have cultivated a loyal following among urban adventurers and off-road enthusiasts alike.

The new Neo Drive variants introduce Toyota’s advanced 2.8-litre, four-cylinder turbo-diesel engine paired with a 48V system comprising a belt-integrated starter generator and lithium-ion battery. This technology mirrors hybrid electric systems by recuperating braking energy during deceleration, contributing to smoother low-end acceleration, quieter operation and improved fuel efficiency. The Smart Idle Start-Stop function further enhances efficiency by automatically shutting off the engine when stationary, resulting in lower emissions and fuel savings.

Importantly, the company claims that these enhancements do not compromise the Fortuner and Legender’s formidable payload capacity, durability or off-road performance. The Multi-Terrain Select system optimises throttle response, braking and traction control to deliver a superior driving experience across diverse terrains.

On the design front, the Fortuner retains its bold, purposeful stance, ideal for rugged adventures, while the Legender exudes a more dynamic and premium appeal with dual-tone body colours, split LED headlamps and a sleek fascia. Both models offer dual-tone leather upholstery, soft-touch materials and ergonomic seating designed for long-distance comfort.

In terms of safety the SUVs come with ABS, Vehicle Stability Control with Brake Assist, WIL Concept Seats, Hill Assist Control, Traction Control and more. Toyota’s focus on customer convenience extends to tailored finance solutions, including up to 8-year funding plans, Toyota Smart Balloon Finance and pre-approved value-added services such as extended warranty and genuine accessories. Buyers will also benefit from five years of complimentary roadside assistance and a standard 3-year/100,000 km warranty, extendable to 5 years/220,000 km, along with the customisable Toyota Smiles Plus service package.

Varinder Wadhwa, Vice President, Sales-Service-Used Car Business, Toyota Kirloskar Motor, said, “As the SUV market in India grows steadily, customers are seeking advanced features and differentiated styling. The new Fortuner and Legender Neo Drive variants meet these expectations with bold design, powerful performance, and comprehensive features, underscoring Toyota’s commitment to delivering ever-better cars and advancing towards carbon neutrality.”

Bookings for the Fortuner and Legender Neo Drive variants commenced on 2 June 2025, with deliveries set to begin from the third week of June.

Hyundai Motor India Appoints Pankaj Tripathi As Its New Brand Ambassador

Hyundai India - Pankaj Tripathi

Hyundai Motor India, a leading passenger vehicle manufacturer, has onboarded popular actor Pankaj Tripathi as its new brand ambassador.

The company shared that Tripathi, who is known for his versatility and grounded charm, embodies Hyundai India’s values of reliability, authenticity and a deep-rooted connection with the country’s diverse audience. With this association, HMIL further strengthens its ambassador lineup that already includes iconic personalities.

Tarun Garg, Whole-Time Director and Chief Operating Officer, Hyundai Motor India, said, “At HMIL, we celebrate stories of progress and inspiration. We are delighted to welcome Pankaj Tripathi to HMIL family. His grounded persona, exceptional talent and widespread appeal resonate with the values of HMIL and our vision of ‘Progress for Humanity’. Together, we aim to drive deeper emotional connections with our diverse customer base across India.”

Pankaj Tripathi, said, “It is an honour to associate with Hyundai Motor India, a brand that has long stood for trust, innovation and customer-first approach. My first car was a Hyundai, and over the years, that relationship has grown into something truly personal. As someone who deeply values simplicity, sincerity and staying true to one’s roots, I find a natural alignment with HMIL’s ethos. I look forward to this partnership where together, we can connect with people across the country - not just through technology, but through shared stories and values.”