Auto-sales in April grew fastest in last decade
The passenger car sales in India is at its best as it registered the highest ever growth in car sales in April in the last 11 years. The main factors behind this robust growth was easier availability of finance and the low base effect of last year, which helped the car-makers like Maruti and Hyundai to register the highest growth ever in their monthly sales in last decade.
Vidyadhar
Published On May 21, 2010 17:28 IST
Published OnMay 21, 2010 17:28 IST
Last Updated OnMay 21, 2010 17:28 IST
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Total passenger car sales in the country surged 39.5 per cent last month at 1,43,976 units, as compared to 1,03,227 units sold during the same month of last year, accounted for the highest growth in car sales in April in the last 11 years, according to the data provided by the Society of Indian Automobile Manufacturers (Siam).
However, there has been a decline of 7.4 per cent in domestic passenger car sales in April, on a month-on-month basis. The domestic passenger car sales was at 1,55,600 units in March; 1,53,845 units in February; and 1,45,905 units in January, as per the SIAM data.
Maruti Suzuki India, the largest car maker in India registered a 22.1 per cent jump in its sales at 68,668 units in April 2010 as against 56,228 units sold in the same month last year, while the Hyundai Motor India posted a jump of 28.1 per cent at 28,501 units last month compare to 22,241 units sold in same period last year. The sales of Tata Motors went up 76.4 per cent at 19,762 units, as compared to 11,202 units during the same month last year.
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<p>Vidyadhar takes charge of the quality and consistency of the content produced by CarDekho correspondents. With over 5 years of involvement in content & social media marketing, he believes that the www is an ever evolving phenomenon. Considering the ways the web algorithms are evolving, foreseeing the threats and opportunities and managing online business accordingly is going to play a crucial role. He comes from a highly valued content development background, where, during the first phase of his corporate career, he served Westpac, an Australian bank. Later, he came into the context of technical writing where he managed teams that dealt in producing maintenance guides meant for software applications. This part of his career bestowed upon him an outlying vision to see things from end-user perspective. He bagged a masters degree in English and is pursuing MBA in Digital Marketing at the moment. </p>Read more
