Car Sales: Maruti, Tatas, M&M start New Year with positive growth

Source: The Hitavada      Date: 02 Feb 2018 10:34:23



THE country’s largest car maker Maruti Suzuki India (MSI) on Thursday reported a 4.8 per cent increase in total sales at 1,51,351 units in January compared to 1,44,396 units in the same month of 2017. The company’s domestic sales stood at 1,40,600 units, up 5 per cent from 1,33,934 units in January 2017, MSI said in a statement. Sales of mini segment cars, including Alto and WagonR, witnessed a 12.2 per cent decline to 33,316 units during the month under review from 37,928 units in January 2017.

The auto major further said sales of the compact segment comprising Swift, Estilo, Dzire and Baleno jumped by 21.6 per cent to 67,868 units last month as against 55,817 units in the year-ago month. MSI said sales of mid-sized sedan Ciaz declined by 22.5 per cent to 5,062 units during the month. Sales of utility vehicles, including Gypsy, Grand Vitara, Ertiga, S-Cross and compact SUV Vitara Brezza increased by 26.8 per cent to 20,693 units in January, from 16,313 units in the same month of 2017. Sales of vans -- Omni and Eeco -- declined by 13.6 per cent to 12,250 units last month as against 14,179 units in the year-ago period. Exports in January were up 2.8 per cent at 10,751 units as compared with 10,462 units in same month last year, MSI said.

TATA MOTORS: Tata Motors began the 2018 with a strong note posing a healthy 43 per cent spike in January volumes at 59,441 units, led by strong demand for both commercial as well as passenger vehicles sales. While volume of small commercial vehicles and pick-up grew 75 per cent, intermediate and light CVs clipped at 55 per cent and passenger vehicles vroomed past 55 per cent, the company said in today. On the passenger vehicles aide, it sold 20,055 units, a robust 55 per cent growth on the back of increasing demand of the Tiago and Tigor along with the Nexon and the seven-seater SUV Hexa gaining traction. The passenger car segment grew 27 per cent while the UV segment clipped past 188 per cent. Domestic CV sales jumped 38 per cent to 39,386 units, driven by robust infrastructure developments coupled with growing logistics demand from the construction sector.

MAHINDRA: Homegrown automaker Mahindra & Mahindra said its January sales rose 32 per cent in volume in January over the same month last year, at 52,048 units. The volume growth was led by the medium and heavy commercial vehicles segment which grew 70 per cent at 1,049 units, the company said. Passenger vehicles volumes (which includes UVs, cars and vans) grew at a much slower pace of 17 per cent at 23,686 units in the reporting month. Domestic sales stood at 49,432, up 33 per cent, while exports rose 15 per cent at 2,616 units. Its tractor volume rose 18 per cent to 20,647 units, led by a 40 per cent rise
in domestic growth. Domestic sales rose to 20,647 units, taking total volume to 21,875 units, as against 15,909 units for the same period last year.

TOYOTA KIRLOSKAR MOTOR: Toyota Kirloskar Motor (TKM) today reported a 19 per cent increase in domestic sales at 12,351 units in January. The company had sold 10,336 units in the same month last year in the domestic market, TKM said in a statement. TKM exported 888 units of the Etios series in January, compared with 916 units a year ago in the same period, a decline of 3.05 per cent.

HYUNDAI: Hyundai Motor India Ltd (HMIL) today reported a 8.5 per cent increase in total sales at 56,216 units in January. The company had sold 51,834 units in January last year, HMIL said in a statement. Domestic sales of the company rose by 8.3 per cent to 45,508 units last month as compared to 42,017 units in January 2017. Exports grew by 9.1 per cent last month to 10,708 units as against 9,817 units in Jan last year.

ASHOK LEYLAND: Hinduja Group flagship Ashok Leyland has recorded a 21.7 per cent rise in its sales in January 2017 to 18,101 units. The city-based commercial vehicle major had sold 14,872 units during same month of last year, the company said in a statement. Sales of medium and heavy commercial vehicles rose to 13,643 units in January 2018 from 12,056 units sold during the same month last year.

Sales of light commercial vehicles surged 58 per cent to 4,458 units in January 2018 as compared to 2,816 units sold in same month of last year. For the April-January 2018 period total sales of Ashok Leyland went up by 19.5 per cent to 1,34,240 units. The company had sold 1,12,317 units during the same period of last year. Sales of light commercial vehicles in April-January 2018 period went up by 31.1 per cent to 33,590 units from 25,608 units sold during same period of last year. Sales of medium and heavy commercial vehicles increased by 16 pc in April-Jan 2018
period to 1,00,650 units from 86,709 units sold during same period of last year.

HONDA CARS: Honda Cars India (HCIL) today reported a 4.83 per cent decline in its domestic sales to 14,838 units in January. The company had sold 15,592 units in the domestic market in January 2017, HCIL said in a statement. Last month, the company sold 422 units of small car Brio, 2,257 units of premium hatchback Jazz, 2,836 units of compact sedan Amaze and 3,968 units of mid-sized sedan City.

The company also sold 4,273 units of its compact sports utility vehicle (SUV) WR-V. While SUV BR-V saw sales of 1,071 units, those of SUV CR-V stood at 11 units. In addition, it exported a total of 398 units during the month under review.

HONDA MOTORCYCLE: Honda Motorcycle and Scooter India (HMSI) today reported a 33 per cent jump in total sales at 5,17,732 units in January. The company sold 3,89,313 units in January 2017, HMSI said in a statement. In the domestic market, the company posted 33 per cent jump in sales to 4,88,809 units in January 2018, as against 3,67,972 units in the year-ago month. Besides, the company said it has surpassed 5 million sales mark in just 10 months, selling a total of 51,63,559 units during April 2017 to January 2018.