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Cars and bikes: How they fared in June
Car sales in the domestic market continued to slow down with two of the top three firms, Maruti Suzuki India and Tata Motors, reporting decline in sales during June this year.
The second largest carmaker Hyundai Motor India Ltd (HMIL), however, posted increase in sales along with Volkswagen, Toyota and Mahindra & Mahindra.
Maruti Suzuki India (MSI) reported 3.8 per cent decline in sales in the domestic market to 70,020 units in June from 72,812 units in the same month last year.
During the month, the company suffered a 13-day long strike at its Manesar plant, where it mainly produces Swift, DZiRE and SX4. The firm suffered a production loss of 12,600 units due to the strike.
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Cars and bikes: How they fared in June
Tata Motors also reported 20.91 per cent decline its domestic total passenger vehicles sales at 21,993 units in June as against 27,811 units in the same month last year.
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Cars and bikes: How they fared in June
On the other hand, HMIL said its domestic sales grew 11.1 per cent to 30,402 units in June this year from 27,366 units in same month last year.
Commenting on the sales, HMIL director (marketing and sales) Arvind Saxena said: "The market continued to be slow but Hyundai sales have grown partially due to the success of New Verna. We have received over 21,000 customer bookings for the New Verna so far and we are trying to fulfil the demand."
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Cars and bikes: How they fared in June
Last fiscal, cars sales in India had grown by 29.73 per cent but started slowing down this financial year due to fuel price hikes, rising interest rates and increased product cost.
Yet, Toyota Kirloskar Motor (TKM) reported 94.72 per cent jump in its sales at 12,034 units during June this year as against 6,180 units in the same month last year.
"The growth in sales is a clear indication of customer's confidence in Toyota products. We have increased Etios production as a result of which its waiting period has now come down to 15-20 days," TKM deputy managing director (marketing) Sandeep Singh said.
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Cars and bikes: How they fared in June
Volkswagen India also reported 166 per cent increase in sales during the month at 5,397 units as against 2,032 units in the corresponding period last year.
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Cars and bikes: How they fared in June
Mahindra & Mahindra registered a rise of 28.69 per cent at 33,772 units as compared to 26,243 units in the same month last year.
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Cars and bikes: How they fared in June
Skoda Auto India also reported a 69 per cent increase in sales to 2,611 units in June this year, as against 1,639 units in the year-ago month.
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Cars and bikes: How they fared in June
Ford India reported 8.44 per cent increase in its sales during the month at 9,145 units as compared to 8,433 units in June last year.
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Cars and bikes: How they fared in June
Another firm to report declining sales was Honda Siel Cars India at 3,455 units, a decline of 24.81 per cent over the same period last year. The company had sold 4,595 units in June 2010.
Meanwhile, the country's largest two-wheeler maker Hero Honda reported 20.12 per cent jump at 5,12,244 units, compared to 4,26,454 units in June last year.
"It has been a record-breaking first quarter of FY'12 for us. With sales of five lakh-plus units in every month of the quarter and record 1.5 million units' total sales in the quarter, we have once again set new benchmarks for ourselves," Hero Honda Motors senior vice-president (marketing and sales) Anil Dua said.
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Cars and bikes: How they fared in June
Chennai-based TVS Motor Co said its total two-wheeler sales grew by 14 per cent to 1,78,633 units in June 2011, in comparison to 1,56,685 units in June 2010.
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Cars and bikes: How they fared in June
Honda Motorcycle & Scooter India reported 2.03 per cent growth in sales at 148,937 units last month as against 145,973 units in the corresponding month of 2010.
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Cars and bikes: How they fared in June
India Yamaha Motor said its sales grew 29.98 per cent in June at 36,595 units, while Mahindra & Mahindra said its two-wheeler sales grew 16 per cent at 11,748 units.