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Rediff.com  » Business » Auto sales register significant growth in Oct

Auto sales register significant growth in Oct

Source: PTI
Last updated on: November 02, 2009 15:08 IST
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MarutiMaruti Suzuki India reported on Monday a 32.45 per cent jump in total sales at 85,415 units in October compared to the same period last year.

Sales in the domestic market grew 21.01 per cent to 71,551 units in the last month from 59,127 units in the same month last year, while exports rose over two-fold to 13,864 units compared with 5,363 units in the year-ago period, Maruti Suzuki India said in a statement.

Sales of the company's oldest and once bread-and-butter model M800 declined by 5.53 per cent at 3,124 units from same period last year, while A2 segment (comprising Alto, Wagon R, Estilo, Swift, A-Star and Ritz) witnessed a growth of 18.43 per cent at 51,437 units compared to same period last year.

Sales in the A3 segment (consisting of SX4 and DZiRE) increased 62.68 per cent to 8,804 units compared with 5,412 units in the corresponding period last year, the company said.

MSI's passenger car sales in October rose 21.99 per cent at 71,383 units against 58,515 units in the same month in 2008, the statement said.

Hyundai Oct sales up 11%: Hyundai Motor India reported on Monday 11.03 per cent growth in sales in October compared to the same period a year earlier at 51,736 units.

Domestic sales for the month stood at 28,301 units against 20,009 units, up 41.44 per cent, Hyundai Motor India Ltd said.

"The festive period of the last two months generated strong sales and has given the Indian automobile industry some respite from the sluggish performance of the last few months," HMIL senior vice-president (marketing and sales) Arvind Saxena said. Strong sales are likely to propel the industry into a positive double-digit growth for the remaining part of the year," he added.

"This might be the turning point the Indian automotive industry has been waiting for," Saxena said. Exports of the company, however, dipped 11.86 per cent to 23,435 units from 26,587 units in the year-ago period, it added. In its A2 segment (Santro, i10, i20 and Getz Prime), the company sold 47,407 units, while in the A3 segment (Accent and Verna) sales were at 4,285 units.

The A5 segment (Sonata Transform) of HMIL witnessed sales of 44 units, while its SUV Tucson received no taker during the month.

Bajaj motorcycle sales rise 52%: Bajaj also reported a 52.38 per cent increase in its motorcycle sales at 2,49,681 units in October.

The company had sold 1,63,850 units in October last year, Bajaj Auto Ltd said.

"Bajaj motorcycles grew 52 per cent in October, 2009, despite several supply constraints. Bajaj is confident of maintaining this growth rate for the rest of 2009-10," it added.

Total two-wheeler sales during the month also increased by 51.06 per cent to 2,49,974 units compared with 1,65,477 units in the same period a year ago, it added.

BAL's exports went up by 11.88 per cent to 84,012 units in October from 75,092 units a year ago. This was the highest ever monthly export reported by the company.

Total vehicle sales of the company last month stood at 2,80,455 units compared with 1,91,840 units in the same period a year ago, up by 46.19 per cent, the statement said.

However, BAL said its commercial vehicle sales were hampered by 'production constraints', but did not give any detail.

The company sold 127 units of Kawasaki Ninja 250R, which was launched on October 7 in the country. BAL sold 95,139 units of its new 100cc Discover DTS-Si in October. Besides, it also sold 55,413 units of Pulsar.

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