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Car sales: The winners and losers in January
Maruti Suzuki sales dip 10% in Jan
Maruti Suzuki India (MSI) on Saturday reported 10.3 per cent decline in total sales in January at 1,02,416 units as against 1,14,205 units in the same month last year.
The company said its domestic sales declined by 6.3 per cent during the month to 96,569 units as against 1,03,026 units in January, 2013. Sales of mini segment cars, including M800, Alto, A-Star and WagonR, declined by 17 per cent to 38,565 units as compared to 46,479 units in the year-ago month, MSI said in a statement.
The company said sales of the compact segment comprising Swift, Estilo, Ritz increased by 1.9 per cent to 24,473 units in January this year as against 24,006 units last year.
MSI said sales of its popular compact sedan Dzire rose by 12.7 per cent during the month under review at 19,232 units as against 17,060 units in January, 2013.
The company's mid-sized sedan SX4 registered a decline of 81.1 per cent to 191 units as against 1,012 units in the same month last year. There was no sale of premium sedan Kizashi during the month.
Sales of utility vehicles, including Gypsy, Grand Vitara and Ertiga, stood at 4,763 units in January this year, down 21.9 per cent from 6,095 units in the corresponding month last year.
Sales of vans--Omni and Eeco rose by 11.6 per cent to 9,345 units in January this year as compared to 8,374 units in the same period of previous year. Exports during the month declined by 47.7 per cent to 5,847 units as compared to 11,179 units in January last year, MSI said.
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Car sales: The winners and losers in January
Honda Cars sales up three-fold in January
Honda Cars India Ltd posted nearly three-fold rise in its domestic sales at 15,714 units in January, 2014.
The company had sold 5,451 units in the same month of the previous year, HCIL said in a statement.
During January, the company sold 1,015 units of its small car Brio, 7,398 units of its latest sedan Amaze and 7,184 units of the premium sedanCity.
Besides the company sold 117 units of sports utility vehicle CRV. In addition, the company exported a total of 88 units during the month.
"We have received an overwhelming response to all new Honda City and the Honda Amaze continues to do strong sales," HCIL Senior Vice President (Marketing and Sales) Jnaneswar Sen said.
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Car sales: The winners and losers in January
Tata Motors sales down 34% in January
Tata Motors on Saturday reported a 34 per cent decline in total vehicle sales to 40,481 units in January.
The company had sold 61,660 vehicles in the same month last year.
Domestic passenger vehicle sales dropped to 10,974 units in January, down from 15,209 units a year earlier.
Tata Motors sold 8,463 units of Nano, Indica and Indigo cars and 2,511 units of Sumo, Safari, Aria and Venture vehicles, the company said in a statement.
In the commercial vehicles segment, domestic sales declined about 40 per cent to 25,683 units from 42,571 units in the corresponding month of the previous year.
Exports were 1.44 per cent lower at 3,824 vehicles, Tata Motors said.
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Car sales: The winners and losers in January
M&M total sales down 14% in January
Auto-maker Mahindra & Mahindra reported 13.77 per cent decline in its total sales at 42,685 units in January.
The company had sold 49,503 units in the same month previous year, the company said in a statement.
In January, M&M's domestic sales stood at 40,324 units as against 47,841 in the same month previous year, down 15.71 per cent.
Total sales of passenger vehicles, including Scorpio, XUV500, Xylo, Bolero and Verito, stood at 19,792 units during the month as against 26,555 in January 2013, down 25 per cent.
Sales of the company's four-wheel commercial vehicles were up 4 per cent at 15,100 units as against 14,451 units in January 2013, it said.
M&M's exports were up by 42 per cent to 2,361 units during the month from 1,662 units in January 2013.
Commenting on the sales performance, M&M Chief Executive (Automotive Division) Pravin Shah said: "The first month of 2014 did not witness any improvement in the overall industry performance and the situation remains subdued."
The recent repo rate hike will in coming months will escalate the rate of interest on car loan impacting customer sentiment, he added.
"We hope the upcoming Auto Expo which will showcase new products and technology will provide a trigger in giving a much needed boost to the auto industry and the overall sentiment," Shah said.
Car sales: The winners and losers in January
Ford India sales up 49% in January
Ford India reported 49.45 per cent increase in total sales at 10,634 units in January 2014.
The company had sold a total of 7,115 units in the same month previous year, Ford India said in a statement.
Domestic sales were up 10.62 per cent to 6,706 units in January as against 6,062 units in the same month previous year, it added.
The company exported 3,928 units last month as against 1,053 units in the year-ago period.
Ford India Executive Director (Marketing, Sales and Service) Vinay Piparsania said: "Ford has ushered in the new year on a note of growth and commitment, and our commitment to India is not just business-centric..."
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Car sales: The winners and losers in January
Toyota Kirloskar sales down 18% in January
Toyota Kirloskar Motor (TKM) reported 18.14 per cent decline in its domestic sales at 10,910 units in January 2014.
The company had sold 13,329 units in the corresponding month previous year, Toyota Kirloskar Motor (TKM) said in a statement.
During the month, the company exported 1,530 units of Etios, it said.
"The market continues to be sluggish and the market sentiments remain low," TKM Senior Vice- President, Sales and Marketing N Raja said. The company will be unveiling the all new Corolla Altis and Etios Cross at the Auto Expo 2014, he added.
Car sales: The winners and losers in January
Hyundai sales dip nearly 13% in January
Hyundai Motor India on Saturday reported a 12.7 per cent decline in its total sales in January at 45,415 units as against 52,024 in the same month last year.
The company's domestic sales were down 2.6 per cent at 33,405 units during the month from 34,302 units in January 2013, Hyundai Motor India Ltd (HMIL) said in a statement.
Exports of vehicles during the month were down 32.2 per cent to 12,010 units from 17,722 units in the year-ago period, it added.