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 industry needs stimuli to help revive consumer demand and conversions.
Honda Cars India is recalling a total of 1,338 units of its premium sedan Accord and sports utility vehicle CR-V manufactured between 2002 and 2003 to replace a faulty part in the passenger side airbags. The recall, which is part of Honda's global recall regarding the potential defect related to passenger air bag announced in June 2014, would cover 1,085 units of Accord and 253 units of CR-V.
Maruti, Hyundai, Tata Motors, Mahindra & Mahindra and Honda saw their passenger vehicle sales improve in August compared to the same month last year, although Ford and Toyota witnessed a decline.
Maruti Suzuki India (MSI) on Monday reported a 29.1 per cent rise in total sales in October.
There was no sale of premium sedan Kizashi during the month.
Companies are drawn to the parks by the infrastructure and ready-to-occupy land.
In a few years there may be 100 Japanese companies in Gujarat, while Chinese firms may commit investments of over Rs 6,000 crore.
All the minor irritants can be overlooked when you can get automatic transmission, diesel fuel efficiency and a Honda badge, all for less than a million rupees, says Pavan Lall.
The new Honda Amaze breaks free from its Brio moorings, and is designed to wow, says Rajesh Karkera.
Maruti sold 191 units of SX4 sedan in January 2014.
During September, Maruti said it dispatched 1,375 units of the soon-to-be-launched sedan Ciaz.
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