May 2011– Auto Sales Review

In May-11, passenger car sales growth in general slowed down because of increasing petrol prices and interest rates, except for Hyundai India whose sales increased mainly due to launch of new Hyundai Verna Fluidic which launched recently.Given the rising petrol prices, the demand for diesel variants of small cars is expected to rise, while the companies are expected to continue the discounts or promotional offers to increase the sales.

Meenal

Published On Jun 14, 2011 17:20 IST

Published OnJun 14, 2011 17:20 IST

Last Updated OnJun 14, 2011 17:20 IST

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Hyundai Verna Fluidic

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Tata Motors India continued to de-grow in Tata Indica and Tata Indigo range by 35%YOY, while Tata Nano provided the respite which showed 85% YOY growth in May-11 at 6,515 units. The Tata Sumo, Tata Safari, Tata Aria and Tata Venture range accounted for sales of 3,121 nos., higher by 15% over May last year.

Tata Aria

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Mahindra & Mahindra’s newly launched Mahindra Verito showed good response in May -11 at 1,291 units. Total passenger vehicles including cars and utility vehicles (UV) reported 19.8% growth in May -11. Given the rising petrol prices, the demand for diesel variants of small cars is expected to rise, while the companies are expected to continue the discounts or promotional offers to increase the sales.

Tata Aria

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Q4FY11 Revenue growth was 27.8%YOY at `67.8bn, raw material prices in Q4FY11 were higher by 400 bps on YOY basis. The operating margin for the quarter further fell largely due to increasing employee cost to 12.7% .Excluding extra-ordinary income and expenses, the net Net margin was at 8.9%, as compared to 10.8% in profit margin was at 16.1% as compared to 14.5% in Q4FY10.

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Meenal

Meenal has been a writer since the time she knew what it is to write. Being a team lead at CarDekho, she guides her team to bring in fresh ideas and true stories to develop a brain storming news for the car enthusiasts across the world. Meenal started writing during her school and is continuing still. Being a post graduate in English Literature with Linguistics, Phonetics, and Grammar as her favorites, she topped throughout. And perhaps that's what helped her starting her career directly as an Editor with international clients from the very beginning. She also has been trained in and has got experience in pre-editing and master-editing journals and books. With almost 5 years of experience in journalism behind her, she still believes that she gets to learn new things about writing news every new day. She plans to start on another degree in psychology. Future plans for her include nothing more than a dynamic GROWTH for herself and SMILES on the readers' faces.Read more

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