Maruti, Hyundai sales see robust growth in February

While sales of Maruti's compact segment grew, its mini segment witnessed a slump

India’s largest car maker Maruti Suzuki on Wednesday reported a 10.9 per cent increase in total sales at 130,280 units in February as against 117,451 in the year-ago month.

Hyundai Motor also reported a 6 per cent increase in total sales at 52,734 units in February.

Maruti’s domestic sales stood at 1,20,735 units, up 11.7 per cent from 108,115 units in February last year, MSI said in a statement.

Domestic sales of Hyundai were up 4 per cent at 42,327 units during the month, as against 40,716 units in the year-ago period.

Sales of Maruti’s mini segment cars, including, Alto and WagonR, were down by 6.8 per cent at 33,079 units during the month under review compared to 35,495 units in February 2016, MSI said in a statement.

The auto major further said sales of the compact segment comprising Swift, Estilo, Dzire and Baleno grew 9.4 per cent to 47,002 units last month as against 42,970 units in the year-ago month.

MSI said sales of its compact sedan Dzire Tour, however, declined by 26.9 per cent during the month under review at 2,574 units. Sales of mid-sized sedan Ciaz grew by 14 per cent to 5,886 units during the month.

Sales of utility vehicles, including Gypsy, Grand Vitara, Ertiga, S-Cross and compact SUV Vitara Brezza zoomed 110.5 per cent to 17,863 units in February, from 8,484 units  in the same month of 2016.

Sales of vans -- Omni and Eeco -- increased by 13.7 per cent to 14,195 units last month as against 12,482 units in the year-ago period.

Exports in February this year 2.2 per cent to 9,545 units as compared with 9,336 units in the same month last year, MSI said.

Hyundai’s exports in February this year stood at 10,407 units, as against 9,013 units in the same month last year, a growth of 15.5 per cent.

Commenting on the sales performance, HMIL senior vice-president - sales & marketing, Rakesh Srivastava said during the month, there was "increased customer visits and conversions on the strength of improved customer confidence generated by the Union Budget, positively impacting the customer disposable income and overall business sentiments".