Rediff.com  » Business » Ford, Hyundai non-performers, Maruti cheers robust Jan sales

Ford, Hyundai non-performers, Maruti cheers robust Jan sales

Last updated on: February 02, 2015 17:36 IST

Image: Honda City. Photograph: Courtesy, Honda

Honda Cars on Tuesday reported 17 per cent increase in its domestic sales at 18,331 units in January, 2015.

The company sold 15,714 units in January last year, Honda Cars India Ltd (HCIL) said in a statement.

Last month, the company sold 951 units of small car Brio, 6,709 units of compact sedan Amaze, 2,942 units of Mobilio and 7,671 units of the mid-sized sedan City.

Besides, the company sold 58 units of sports utility vehicle CRV. In addition, the company exported a total of 1,369 units during the month.

HCIL Senior Vice-President (Marketing and Sales) Jnaneswar Sen said: "January 2015 has been an extremely good month for HCIL.

We registered our highest monthly domestic sales of this fiscal contributed by strong sales momentum for all the models."

Image: Workers make final inspections on Figo cars lined up at the assembly line at a plant of Ford India in Chengalpattu in the outskirts of Chennai. Photograph: Babu/Reuters

Ford India on Monday reported 14.79 per cent decline in total sales at 9,061 units for January.

It had sold 10,634 units in January 2014, Ford India said in a statement. Ford's domestic sales declined marginally to 6,647 units last month as against 6,706 units a year ago, it added.

The company said exports during the month stood at 2,414 cars as compared to 3,928 units in January 2014.

Ford India Vice President (Marketing, Sales & Service) Anurag Mehrotra said: "The rollback of excise duty concessions has further contributed to the prevailing low consumer sentiment."

While the auto industry welcomed RBI's recent move to reduce interest rates, a lot more needs to be done to restore the sector on a growth trajectory, he said.

"We hope that the government will continue its pro- consumer, industry-friendly reform policy and introduce measures to boost demand in the upcoming budget," Mehrotra said.

Image: Hyundai Elite i20. Photograph: Courtesy, Hyundai

Hyundai Motor India Ltd (HMIL) on Monday reported 1.4 per cent decline in total sales at 44,784 units in January.

The company had sold 45,413 units in the same month last year, it said in a statement. In the domestic market, Hyundai sold 34,780 units last month as compared to 33,405 units in January 2014, up 4.1 per cent.

During the month, Hyundai's exports declined by 16.7 per cent to 10,004 units as against 12,008 units in the same period last year.

Commenting on the sales performance, HMIL Senior Vice President (Sales and Marketing) Rakesh Srivastava said: "This growth came in on the momentum built by leading products like new Elite i20, Grand and Eon while facing the stiff challenges of increasing cost of ownership on account of increase in excise duties".

For sustained growth, the need of the hour is reduction in interest rates and rationalisation of taxes to increase the inflow of the first time buyers, he added.

Image: Tata Motors recorded arond 6 per cen jump is car sales in January 2015. Photograph: Courtesy, Tata Motors

Tata Motors on Monday reported a 5.19 per cent increase in total sales at 42,582 units in January, as against 40,481 units in the same month last year.

Domestic sales of Tata commercial and passenger vehicles grew by 5.35 per cent at 38,621 units as compared to 36,657 units in January 2014, Tata Motors said in a BSE filing.

Sales of passenger vehicles in the domestic market in January stood at 13,047 units, up 18.89 per cent from 10,974 units in January 2014.

In the commercial vehicles segment, domestic sales remained flat at 25,574 units during the month, the company said.

Exports during the month stood at 3,961 units, up 3.58 per cent as against 3,824 units in the year-ago month.

 

Country's largest car maker Maruti Suzuki India (MSI) on Monday reported 13.9 per cent increase in total sales at 1,16,606 units in January 2015 as against 1,02,416 units in the same period last year.

The company said its domestic sales increased by 9.3 per cent during the month to 1,05,559 units as against 96,569 units in January 2014.

Sales of mini segment cars, including, Alto and WagonR, declined by 7.3 per cent to 35,750 units as compared to 38,565 units in the year-ago month, MSI said in a statement.

The company said sales of the compact segment comprising Swift, Estilo, Ritz and Dzire rose by 7.5 per cent to 45,881 units in January this year as against 42,669 units last year.

MSI said sales of its compact sedan Dzire Tour rose by 33 per cent during the month under review at 1,378 units as against 1,036 units in January 2014.

The sales of company's mid-sized sedan Ciaz, which was launched in October 2014, stood at 6,005 units.

The company had sold 191 units of SX4 sedan in January 2014.

There was no sale of premium sedan Kizashi during the month. Sales of utility vehicles, including Gypsy, Grand Vitara and Ertiga, rose by 35 per cent at 6,432 units in January this year from 4,763 units in the corresponding month last year.

Sales of vans -- Omni and Eeco -- rose by 8.2 per cent to 10,113 units in January this year as compared to 9,345 units in the same period of previous year.

Exports during the month rose by 88.9 per cent to 11,047 units as compared to 5,847 units in January last year, it added.

© Copyright 2019 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
SHARE THIS STORY