Maruti Suzuki, Hyundai and Toyota Rise, While Tata Declines in June
The month of June has been a pleasant one for most auto-makers in India. Inspecting a decline for past two months, June has come out as a relief for nearly all. What has appealed the most this time is, the decent hike in car sales despite the petrol price hikes and economic slowdown. Maruti Suzuki India has reported 20.30% of growth with a total 96,597 units as compared to the last year's 80,298 units in the same month. Out of total sold units, domestic sales stood at 83,531 registering a growth of 19.30%, while the exports too saw a rise of 27.13% with a total 13,066 units, the company said.
The month of June has been a pleasant one for most auto-makers in India. Inspecting a decline for past two months, June has come out as a relief for nearly all. What has appealed the most this time is, the decent hike in car sales despite the petrol price hikes and economic slowdown. Maruti Suzuki India has reported 20.30% of growth with a total 96,597 units as compared to the last year's 80,298 units in the same month. Out of total sold units, domestic sales stood at 83,531 registering a growth of 19.30%, while the exports too saw a rise of 27.13% with a total 13,066 units, the company said.
The company's Mini car segment which includes the 800, Alto, A-Star and WagonR reported a dip of 10.44%. Nevertheless, the compact segment that includes the Estilo, Ritz and Swift Models saw an impressive 39.32% hike in sales. The Maruti Suzuki Dzire had a great month, which saw an alarming five-fold growth at 13,471 units in June against the last year's 2,486 units in the similar month. The country's second largest car manufacturer, Hyundai Motor India Ltd (HMIL) registered a collective sales of 54,354 units in June 2012, recording a 3.5% hike from the corresponding month last year. The segment A2 that includes the Eon, Santro, i10 and i20 stood at 44,046 units, segment A3 (comprising the Accent and Verna) at 10.182 units, while the A5 (Sonata) and SUV (Santa Fe) stood at 39 and 87 units respectively.
Toyota Kirloskar Motor (TKM) too reported a healthy 22% hike in car sales, with a total 14,700 units sold during June as compared to 12,034 units of the last year, June. The company's Etios series (Hatchback + Sedan) recorded a 7% growth. The Toyota Fortuner too saw an impressive 26% growth, while the Innova has once again been the top selling vehicle for the company, with an alarming 45% growth. The scene is not same with all, the Indian auto giant, Tata Motors recorded a 3% decline in the month of June at 64,341 units.
Domestic sales of Tata commercial and passenger vehicles saw a decline of 5% at 58,270 units as compared to 61,266 units in June last year. However, the export of the company went up by 19% at 6,071 units compared to 5,094 units in June 2011. The company informed that the profitable Tata Products have been the Nano, Utility vehicles (Sumo, Safari and Aria) + Venture range. Nano reported a hike of nominal 3%, while the Utility + Venture range saw a 5% growth. Whereas, the Indica and Indigo range saw a record fall of 35% and 46% respectively.
We will soon update the sales figures of other auto giants as well, stay tuned!!
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