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Rediff.com  » Business » Maruti, Hyundai, Ford cheer bumper sales ahead of Diwali

Maruti, Hyundai, Ford cheer bumper sales ahead of Diwali

Source: PTI
Last updated on: November 02, 2015 17:18 IST
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Honda Cars India, Mahindra & Mahindra and Tata Motors also saw sales rise during the month.

 

Riding high on festive demand, car sales grew at a brisk pace with the market leader Maruti Suzuki India and rival Hyundai Motor India posting their best-ever monthly dispatches in October.

 

Honda Cars India, Mahindra & Mahindra and Tata Motors also saw sales rise during the month.  

Maruti Suzuki India (MSI) said its domestic sales surged by 24.7 per cent during the month to 1,21,063 units as against 97,069 units in October last year.

 

There was no sale of premium sedan Kizashi during the month. Sales of utility vehicles, including Gypsy, Grand Vitara, Ertiga and S-Cross rose by 56.5 per cent at 9,435 units in October this year from 6,027 units in the corresponding month last year.

Sales of vans -- Omni and Eeco -- rose 30.8 per cent to 13,677 units in October this year as compared to 10,453 units in the same period of the previous year.

Exports during the month rose by 90.4 per cent to 13,146 units as compared to 6,904 units in October last year, MSI said.

 

"With new models and product refreshments, we are upbeat on the festival season. In anticipation of good retail sales during this time, we have adequately prepared our network.  

This is the company's highest-ever domestic and total sales number." MSI Executive Director Marketing and Sales R S Kalsi told PTI.  

Sales of the company's small cars including, Alto and WagonR increased by 5.2 per cent to 37,595 units compared with 35,753 units in the year-ago month.

 

Rival Hyundai Motor India also saw its highest-ever monthly domestic sales at 47,015 units last month compared with 38,010 units in October 2014, up 23.7 per cent.            

"Hyundai sales of 47,015 units are all-time high with an all-time high sales of Grand i10 at 14,079 units and continued strong performance of modern premium brands Creta and Elite i20/Active," HMIL Senior Vice-President (Sales and Marketing) Rakesh Srivastava said.            

The company expects the growth momentum to continue in the coming months with improving customer sentiments, he added. 

 

Honda Cars India Ltd (HCIL) also reported a 52 per cent increase in its domestic sales at 20,166 units in October. It had sold 13,242 units in the same month last year.            

"The festive demand has led to a strong growth for HCIL during October wherein we recorded our highest monthly sales of this fiscal year," HCIL, Senior Vice President – Marketing & Sales, Jnaneswar Sen said.            

 

Mahindra's domestic sales were up 21 per cent 48,815 to units last month as against 40,278 units in October last year.            

"We are happy with our performance during October 2015, which has witnessed a positive growth of 20 per cent backed by excellent response garnered from the recently launched TUV300 as well as other brands such as XUV500, Scorpio, Bolero and pickups."

"We are quite hopeful of this positive growth momentum continuing for the rest of the year," M&M Chief Executive (Automotive Division) Pravin Shah said.  

Ford India also reported 75.58 per cent increase in its total sales at 20,420 units in October. It had sold 11,630 units last year.

The company's domestic sales were at 10,008 units last month, up 49 per cent from 6,723 units a year ago, the company said in a statement.

It said exports during the month stood at 10,412 units as against 4,907 units in October 2014.

"With three new products –- Figo Aspire, new Figo and new EcoSport -- we have ensured that our customers have a cracker of a Diwali," said Anurag Mehrotra, executive director Marketing, Sales and Service at Ford India.

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