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Rediff.com  » Business » Maruti, Hyundai record bumper sales in Nov, GM bucks trend

Maruti, Hyundai record bumper sales in Nov, GM bucks trend

Source: PTI
Last updated on: December 01, 2014 15:01 IST
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Maruti and Hyundai have recorded 19.5 per cent and 8.7 per cent rise in sales during November.

Image: Maruti Ritz. Photograph: Courtesy, Maruti Suzuki

Country's largest car-maker Maruti Suzuki India (MSI) on Monday reported a 19.5 per cent increase in total sales in November at 1,10,147 units as against 92,140 units in the same month last year. 

The company said its domestic sales increased by 17 per cent during the month to 1,00,024 units as against 85,510 units in November 2013.

Sales of mini segment cars, including, Alto, A-Star and WagonR, declined marginally to 37,746 units as compared to 38,040 units in the year-ago month, MSI said in a statement.

The company said sales of the compact segment comprising Swift, Estilo, Ritz, Dzire rose by 13.8 per cent to 37,339 units in November this year as against 32,804 units last year.

MSI said sales of its compact sedan Dzire Tour surged over three-fold during the month under review at 1,989 units as against 604 units in November 2013.

Image: Maruti Ciaz. Photograph: Courtesy, Maruti Suzuki
 

The sales of company's mid-sized sedan Ciaz, which was launched in October, stood at 5,232 units. The company had sold 200 units of SX4 sedan in November 2013. There was no sale of premium sedan Kizashi during the month.

Sales of utility vehicles, including Gypsy, Grand Vitara and Ertiga, declined by 5.6 per cent at 5,515 units in November this year from 5,840 units in the corresponding month last year.

Sales of vans -- Omni and Eeco rose by 52.1 per cent to 12,203 units in November this year as compared to 8,021 units in the same period of previous year.

Exports during the month rose by 52.7 per cent to 10,123 units as compared to 6,630 units in November last year, MSI said.

Image: Hyundai Elite i20. Photograph: Courtesy, Hyundai

Meanwhile, Hyundai Motor India also reported an increase of 8.7 per cent in total sales at 54,011 units in November 2014.

The company had sold 49,681 units in the same month last year, it said in a statement. In the domestic market, Hyundai sold 35,511 units last month as compared to 33,501 units in November 2013, up six per cent.

During the month, Hyundai's exports increased 14.7 per cent to 18,500 units as against 16,180 units in the same period last year.

Commenting on the sales performance, HMIL Senior Vice President (Sales and Marketing) Rakesh Srivastava said strong investment of launching four new products in a year's time has resulted in the growth.

"Today Hyundai has one of the youngest product portfolio lead by Elite i20 which has reached a landmark number of 10,500 units making it the top seller amongst strong Hyundai brands," he added.

 

 

Image: Chevrolet Spark. Photograph: Courtesy, Chevrolet

General Motors saw a reverse trend in sales and has reported a 33.1 per cent decline in sales at 4,157 units in November as against 6,214 units in the same month last year.

During the month, the company exported 150 units to Chile, marking its maiden vehicle shipment to that country.

Commenting on the sales performance, General Motors India Vice President P Balendran said: "Even though the lower fuel prices are encouraging, the interest rates remain sticky and inflation continues to be high."

The outlook remains grim and it is very unlikely that passenger cars will post positive growth this fiscal keeping in view the present economic conditions, he added.

"Discounts are at their peak and sales of diesel vehicles are tapering off as the price differential between the two fuels is dropping sharply. Going by the market scenario, we expect the challenging times to continue till some major announcements take place in the budget to improve customer sentiments," Balendran said.

Image: Models pose by Toyota cars during the 15th Shanghai International Automobile Industry Exhibition in Shanghai. Photograph: Reuters

Toyota Kirloskar Motor has also reported 11 per cent increase in total sales at 14,134 units in November 2014.

The company had sold 12,748 units in the corresponding month of previous year, Toyota Kirloskar Motor (TKM) said in a statement.

In the domestic market, TKM sold 12,175 units in November 2014, up 19 per cent as compared to 10,208 units in November 2013.

During the month, the company exported 1,959 units of Etios. Commenting on the sales performance, TKM Senior Vice President (Sales and Marketing) N Raja said: "We have registered growth in domestic and overall sales."

"We hope to maintain this momentum with the year ending this month."

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