Car sales: festive season a mixed bag for the industry

Reuters

In November the largest car manufacturer Maruti Suzuki India country took domestic sales of 90,882 units compared with 82,870 units years ago during the registration of an increase of. 67%.

However, rival Hyundai Motor India sales in domestic market fell marginally on the basis of units compared with 35,000 34,751 units in the period of years ago.

"The unfavourable market conditions due to the high interest rates and inflation remained challenges for growth. Increased diesel fuel price temporarily affected the strong dynamics of diesel auto sales, "said HMIL Vice-President (Marketing and Sales) Rakesh Srivastava.

In the month year ago registered car major Mahindra Mahindra & the passenger vehicles segment (including the UVs and Verito) an increase of 38.12 percent based on 24,604 units against 17,813 units.

Comment on the numbers, Mahindra Mahindra Chief Executive & (Automotive Division) Pravin Shah said: "We are glad to offer our growth trend on the back of our portfolio of products with particular Quanto, that more than 12,000 bookings in a little more than two months has exceeded."

However, rival homegrown Tata Motors total passenger vehicle sales great car on the domestic market in November, units of 18,031 amounted to 34.99 percent compared to same month 27,735 units in last year.

Toyota Kirloskar Motor (TKM) reported a decline in sales on the basis of 25.82 percent in 10,352 units during November 2012. It had sold units in the same month last year 13,956.

"The sales dropped this month as a result of a plant, to the driveway of the annual production capacity of 2, 10, 000 units to 3, 10, 00 units for the following calendar year, close" said TKM Deputy Managing Director (Marketing) Sandeep Singh.

Car manufacturer Ford India domestic sales decreased by 28.57 percent to 5,944 units in November this year in the same month last year to 8,322 units.

Comment on the sales results, Ford India Executive Director (Marketing, sales and Service) Vinay Piparsania said: "despite ongoing market challenges, we are very glad to see improve the feelings of the customer and their confidence in the Ford-brand continues to grow."

Honda cars India Posted 87.24 percent increase in total sales for November compared with 1,982 units on 3,711 units in the same month last year.

In the category of the country largest two-Wheeler reported two cycling maker hero MotoCorp sale of units of the 5, 02, 305 in November, down from 6.42 percent register via 5, 36, 772 units sold in the year ago period.

"This year, the dispatch of November is lower than last year because of the holiday as a result of Diwali, while there is no such holidays in November 2011, the festive period is in October last year," the company said.

Chennai-based Tvs Motor Company registered a marginal decline of domestic sales 1, 50, 50, 1, 056 units opposite 406 units in November 2011.

Honda motor Scooter India 12.24% growth in the & reported total sales for November at 2, 23, 116 units. Its turnover amounted to 1, 98, 782 units in the corresponding month of the previous year.

Two-Wheeler maker India Yamaha Motor of domestic sales during the month grew by 32.54 percent on the basis of units compared with 28,178 37,347 units in the same month last year.

"The festive season played a role in changing the market sentiment, but by the current economic situation and rise in inflation, the festival season has been weak compared to last year," said Yamaha Motor India National Business head Roy Kurian.

Suzuki motorcycle India witness 24.90 percent increase in sales on the basis of 39,134 units in the same month last year opposite 31,332 units.

"We have a good answer of the market for all our products. The festive campaign, Hai, Hai Hayate has further consolidated our consumer connection and happiness, more possibilities for parties set this festive season, "said Suzuki motorcycle India Vice-President (sales and Marketing) Atul Gupta.

PTI

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