Auto sales data May 2022: Tata Motors, Mahindra continue their growth, Maruti Suzuki bounces back

• Auto makers across the board staged a recovery in May, barring a few exceptions.
  
• Maruti Suzuki bounced back after disappointing sales in April, while Mahindra & Mahindra reported double-digit growth.
  
• Tata Motors, too, continued to drive in fifth gear during the month.
  

Auto companies staged a recovery in May – even those which weren’t performing as well before, registering healthy growth in sales when compared to the $4. From market leaders like Maruti Suzuki to sprinters like Tata Motors, most companies were in the green in May this year.

Almost all auto companies in the list registered three-digit growth in their sales when compared to a year ago, but that is because of the low-base effect as there was a lockdown across the country in May 2021.

Company	May 2022	Change (month-on-month)	Change (year-on-year)
Maruti Suzuki	1,61,413	7.1%	246%
Tata Motors	76,210	5.1%	185%
Mahindra & Mahindra	53,726	15.4%	208%
Bajaj Auto	2,75,868	-2%	1%
MG Motor	4,008	99.6%	295%
Toyota	10,216	-32%	1,345%
Kia	18,718	-1.5%	69%

Source: Company reports

Bajaj Auto is the only outlier in the list, with a growth of just 1% when compared to May 2021. Compared to a month ago, its sales declined, and it joins Toyota and Kia in this regard, who also witnessed a fall in sales. Overall, two-wheeler sales accounted for 40% of the company’s total sales, with the rest being three-wheelers.

Toyota’s massive growth year-on-year is due to the fact that it sold only 707 cars in May 2021.

Mahindra, on the other hand, is gung-ho about the newly announced Scorpio-N. “We are witnessing strong bookings and have a robust pipeline. We announced the launch of Scorpio-N, which is generating very high interest levels and promises to be yet another blockbuster from Mahindra,” said Veejay Nakra, president, automotive division, M&M.

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