Maruti, Hyundai, Tata Motors report best-ever wholesales in FY23

Maruti Suzuki, Hyundai and Tata Motors reported their highest-ever dispatches to dealers last fiscal, enabling the domestic passenger vehicle industry to log in the best-ever performance to date.

Maruti Suzuki, Hyundai and Tata Motors reported their highest-ever dispatches to dealers last fiscal, enabling the domestic passenger vehicle industry to log in the best-ever performance to date.

The country's largest carmaker Maruti Suzuki India reported its highest wholesales to date at 19,66,164 units, up 19% from 16,52,653 units in 2021-22.

Its domestic dispatches rose to 17,06,831 units in 2022-23, up 21% from 14,14,277 units in 2021-22 fiscal.

Hyundai Motor India said its overall wholesales last fiscal were the highest ever since commencing operations in the country.

The automaker dispatched 7,20,565 units to dealers last fiscal, up 18% from 6,10,760 units in 2021-22. Its domestic dispatches rose to 5,67,546 units last fiscal, up 18% from 4,81,500 units in the 2021-22 financial year.

The country's second-largest carmaker said it was its best performance to date in terms of sales volume in the domestic market in a financial year.

Tata Motors also reported the best-ever passenger vehicle dispatches in the domestic market last fiscal at 5,38,640 units, up 45% from 3,70,372 units FY22.