Automobile majors report huge rise in sales during November

Automobile majors report huge rise in sales during November

Maruti Suzuki, said sales for November stood at 87,807 units, up 66.57 per cent compared to 47,704 units in the same period a year ago.

For the period April-November, Maruti’s sales grew 29.4 per cent, it added. Hyundai Motor India, said its sales during November stood at 55,265 units, reporting a growth of 6.8 per cent over October. While exports increased 15.65 per cent, its total cumulative sales for November were 55,265 units, including exports of 27,103 units.
Similarly, Tata Motors announced that its domestic sales of passenger vehicles reached 22,671 in November 2009, up 55 per cent from same month last year. Total sales of Tata cars, at 18,480 were the highest this fiscal, and grew by 48 per cent. The company sold 3,406 Tata Nano in November 2009.

Tata’s domestic sales of commercial vehicles in November 2009 in the domestic market were 29,408, 81 per cent more than November 2008, LCV sales were 16,901 (up 62 per cent), M&HCV sales was at 12,507 ( up 116 per cent).  Meanwhile, players in the bike segment have also reported positive figures for the month painting a rosy picture.

TVS Motors, for instance reported 23 per cent growth in its total two-wheeler sales —— at 1,20,844 units against 98,402 units in the same month last year. Domestic sales were at 1.06 lakh units during the month against 77,491 units last year, up 36.7 per cent, it said. Its total motorcycle sales in November however declined to  45,080 units from 45,276 units the same month last year, while scooter sales grew 38 per cent to over 25,000 units, it added.

Similarly, Suzuki Motorcycle India said reported a 47.66 per cent growth in sales in November at 14,745 units, compared to 9,986 units during the same period last year. According to Hero Honda Motors reported a 32 per cent jump in November sales at 3,81,378 units as against 2,89,426 units in the same month last year.
The company’s cumulative sales in the financial year so far (April-November, 2009) have risen to 30,37,556 units, a 21 per cent growth over 25,08,214 units in the corresponding period last year.
Agencies & DH News Service