Auto majors, including Maruti Suzuki India, Hyundai and Tata Motors, on Sunday reported high double-digit growth in their domestic passenger vehicle sales in July riding on stabilisation of macro-economic factors and better consumer sentiments. Similarly, Honda, Nissan, MG Motor and Skoda also reported healthy growth in their sales last month leveraging on improved market mood amid prevailing lower coronavirus infection rate, despite supply constraints of semi-conductors. The country's largest carmaker Maruti Suzuki India's (MSI) domestic sales increased by 39 per cent to 1,41,238 units last month as against 1,01,307 units in July 2020, the company said in a statement.
Sales of the compact segment comprising Swift, Estilo, Ritz, Dzire and Baleno increased by 4.1 per cent to 50,362 units
BS-VI emission norms and the COVID-19 lockdown impacted the dispatches.
The country's largest carmaker Maruti Suzuki India (MSI) on Monday reported a 11.8 per cent increase in wholesales to 164,469 units in February. The company had sold 147,110 units in February last year, Maruti Suzuki India (MSI) said in a statement. Domestic sales increased 11.8 per cent to 1,52,983 units last month, as against 1,36,849 units in February 2020, it added.
Higher exports will also drive up volumes, as the company seeks to avail of the benefits under the government's recently announced production linked incentive scheme.
WR-V has been launched at a starting price of Rs 775,000 and is available in two trims: S and VX.
The auto industry has had a mixed month. The build up to Dhanteras and Diwali was good but the demand tapered off subsequently.
The car would be in direct competition with existing players, including Ford Endeavour, Maruti Grand Vitara, Toyota Innova, Honda CR-V, Chevrolet Captiva, Toyota Fortuner and upcoming Skoda Yeti.
Its sales grew 21% to 165,346 units
With the kind of powertrain and output potential Kizashi comes in direct competition with the likes of Honda Accord, Volkswagen Jetta, Chevrolet Cruze, Skoda Laura and Toyota Camry.
Tata is expected to price Aria somewhere between Toyota Innova and Ford Endeavour.
Lack of a petrol engine and an automatic variant for the current diesel motor might upset some of the buyers.
Leading automakers Maruti Suzuki, Hyundai and Tata Motors on Thursday reported robust sales in March as a shift towards personal mobility and pent up demand continued to help companies push dispatches to their respective retail partners. Toyota Kirloskar Motor, Honda Cars and Mahindra and Mahindra (M&M) also reported strong sales last month as compared to the year-ago period, when dispatches were adversely impacted due to the impending transition to BSVI from April 2020 and the nationwide lockdown to contain the coronavirus pandemic. The country's largest carmaker Maruti Suzuki India said its domestic sales stood at 1,49,518 units last month. The auto major had reported sales of 76,976 units in March 2020.
The list clearly shows the dominance of Maruti and Hyundai in the Indian passenger vehicle market.
Maruti's Alto retained the top position in June with 14,856 units, as against 15,750 units in June last year.
Maruti Suzuki India said its domestic sales rose 10.6 per cent in May.
HMIL sells a range of vehicles starting from entry-level small car Eon to premium SUV Santa Fe, which are priced between Rs 325,000 and Rs 31.75 lakh
While Hyundai Motor India reported a marginal growth, Toyota Kirloskar Motor witnessed a dip in sales last month.
M&M also saw its domestic passenger vehicle sales grow by 1 per cent, while Toyota Kirloskar Motor witnessed a decline in its PV sales.
The new Kiger has enough in it to draw you away from the hatchback you've been eyeing.
The ongoing elections and overall subdued market sentiment continue to affect the sales momentum
Sales of four- and two-wheelers almost halved in August, compared to the equivalent month last year.
Leading automakers Maruti Suzuki India, Hyundai Motor, Kia Motors and Tata Motors reported sales growth in the domestic market in November, aided by robust offtakes amid the festival season. While Maruti Suzuki India reported marginal growth, Hyundai logged in its highest ever monthly sales in November. Others like Honda Cars India, Toyota Kirloskar Motor, Mahindra & Mahindra and MG Motor India also reported sales growth in November as compared with the same month last year.
Maruti Suzuki, Hyundai, Honda Cars and Tata Motors posted single digit growth during the period under review while M&M reported decline in sales.
The design of the rear doors and C-Pillar for example seem inspired by the Suzuki iv-4 concept crossover.
In the two wheeler segment, TVS Motor Company reported a 24 per cent increase in total sales at 304,795 units in April.
Car makers see good sales post Diwali.
However, sales of mini segment cars, including Alto and WagonR, declined 7.9 per cent to 25,524 units from 27,712 in the year-ago month
The industry needs stimuli to help revive consumer demand and conversions.
Major carmakers in the country are loading barrels for the coming battle in the field, reports Arnab Dutta.
The measures government takes next to push economic growth will be the key for automotive sector
Passenger vehicle sales continue to drop in June; Maruti, Hyundai, Tata Motors, Toyota witness decline. Mahindra & Mahindra, however, reported a 4 per cent growth.
Demand for passenger vehicles has been driven by new models, especially in the SUV category with the likes of Maruti Vitara Brezza and Hyundai Creta clocking good numbers
Maruti's Alto retained the best-selling model tag in January with 22,998 units as against 21,462 in January 2016.
From Audi A8 to Honda Civic, here's what the auto industry has lined up in 2019.
Maruti is trying to move up the segment by focusing on premium cars, SUVs and even trucks.
Maruti's 7 models in India's top ten selling passenger vehicles in 2016-17
The list includes compact SUV, mini SUV, premium hatchback and premium MPV.
A fall in sales across its mini cars, coupled with a drop in exports dragged down Maruti sales by 5.5% March. Read more at: http://www.moneycontrol.com/news/business/maruti-may-sales-slip-5falling-mini-car-sales-exports_712009.html?utm_source=ref_article
