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Auto sector posts mixed results
Maruti sales rises 21%
Maruti Suzuki India on Thursday reported 21.7 per cent increase in its total sales for July at 1,01,380 units as against 83,299 units in the same month last year.
The company said its domestic sales rose 19.9 per cent during the month to 90,093 units as against 75,145 units in July 2013.
Sales of mini segment cars, including Alto, A-Star and WagonR, declined 14.4 per cent to 28,759 units as compared to 33,587 units in the year-ago month, MSI said in a statement.
The company said sales of the compact segment comprising Swift, Estilo, Ritz rose 81.2 per cent to 25,156 units in July this year as against 13,882 units in the same month last year.
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Auto sector posts mixed results
MSI said sales of its popular compact sedan Dzire rose 22.2 per cent during the month under review to 18,634 units as against 15,249 units in July 2013.
The sales of company's mid-sized sedan SX4 dipped 27.6 per cent to 233 units in July as against 322 units in the same month last year.
Sales of utility vehicles, including Gypsy, Grand Vitara and Ertiga, rose 23.4 per cent to 5,631 units in July this year from 4,562 units in the corresponding month last year.
Sales of vans -- Omni and Eeco -- increased 54.8 per cent to 11,680 units in July this year as compared to 7,543 units in the same month of previous year.
Exports during the month rose 38.4 per cent to 11,287 units as compared to 8,154 units in July last year, MSI said.
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Auto sector posts mixed results
General Motors' July sales down 27% to 4,726 units
General Motors India on Friday reported 27.32 per cent decline in July sales at 4,726 units as against 6,503 units sold in the same month of last year.
The July 2014 sales include 1,563 units of Beat, 1,222 units of Tavera and 812 units of Chevrolet Enjoy, the company said in a statement.
General Motors India Vice President P Balendran said: "The buoyancy in the market is still missing because of high interest rates and high fuel prices. An insufficient monsoon is also affecting sales of small cars in rural areas and tier II cities."
He further said: "Overall, going by the market scenario, we expect the challenging times to continue till the festival season as the general economic conditions have not improved."
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Auto sector posts mixed results
Hyundai sales down marginally
Hyundai Motor India Ltd on Friday reported a marginal decline of 1.42 per cent in total sales to 48,010 units in July.
The company had sold 48,704 units in the same month of last year, it said in a statement.
In the domestic market, Hyundai sold 29,260 units last month as compared to 25,965 units in July 2013, an increase of 12.69 per cent.
During the month, Hyundai's exports declined 17.54 per cent to 18,750 units as against 22,739 units in the same month last year.
HMIL Senior Vice-President (Sales and Marketing) Rakesh Srivastava said Hyundai has 13.3 per cent cumulative growth with high market share of 23 per cent in passenger cars.
"The demand pull created by the successful product launches and strong channel spread has brought down the discounts and the green shoots of growth are visible with the stabilisation of macro-economic factors and near to average monsoons," he added.
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Auto sector posts mixed results
Ford India sales up 24%
Ford India on Friday reported an increase of 23.86 per cent in total sales at 15,282 units in July 2014.
It had sold 12,338 units in the same month last year, Ford India said in a statement.
However, domestic sales declined 3.49 per cent to 7,592 units in July as against 7,867 units a year ago, it added.
Ford's exports during the month increased 71.99 per cent to 7,690 units last month as against 4,471 units in the year-ago period.
Ford India Executive Director (marketing, sales and service) Vinay Piparsania said: "There are several indicators to suggest a gradual revival in customer sentiment in the past few months, including cues from the stock market and a steady improvement in manufacturing index."
He added: "As we approach the festive season, we expect a significant increase in footfalls at Ford showrooms across the country.
"We have improved supplies to expedite deliveries for all our models, including the bestselling EcoSport, to meet the expected rise in demand in the coming months."
In July, Ford inaugurated its fourth parts distribution centre to boost the service reach.
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Auto sector posts mixed results
Toyota Kirloskar sales declines 4% in July
Toyota Kirloskar Motor on Friday reported a 4.30 per cent decline in total sales at 13,847 units in July 2014.
The company had sold 14,470 units in the corresponding month of previous year, Toyota Kirloskar Motor said in a statement.
In the domestic market, TKM sold 11,921 units in July 2014, up 3.52 per cent as compared to 11,515 units in July 2013.
During the month, the company exported 1,926 units of Etios.
Commenting on the sales performance, N Raja, senior vice president (sales and marketing) said: "Both the Corolla Altis and the Etios Cross have been well accepted by the customers.
“We sold 882 units and 888 units of the Corolla Altis and Etios Cross, respectively".
Innova and Fortuner also continue to maintain leadership position in their respective segments, he added.
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Auto sector posts mixed results
Honda Cars sales up 40% in July
Honda Cars India on Friday reported 39.97 per cent increase in domestic sales at 15,709 units for last month.
The company sold 11,223 units in July 2013, Honda Cars India Ltd said.
Last month, the company sold 74 units of small car Brio, 4,507 units of compact sedan Amaze, 3,365 units of Mobilio and 7,705 units of the mid-sized sedan City.
Besides, the company sold 58 units of sports utility vehicle CRV.
In addition, the company exported a total of 858 units during the month.
HCIL Senior Vice-President (Marketing and Sales) Jnaneswar Sen said: "Our recently launched Honda Mobilio has received good response from the market with over 10,000 bookings since its launch and are confident that it will attract more customers with its strong desirable values".
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Auto sector posts mixed results
Tata Motors sales down 27%
Tata Motors has reported 26.93 per cent decline in total sales last month at 1,49,597 units, as against 2,04,744 units in July 2013.
The company's domestic sales of commercial and passenger vehicles during the month declined by 23.13 per cent to 39,623 units, as against 51,549 units in July last year.
Passenger vehicles sales were lower by 15.30 per cent at 9,167 units compared with 10,824 units a year ago.
Commercial vehicles sales in the domestic market stood at 26,089 units as against 36,448 units, down 28.42 per cent, the company said in BSE filing.
Its exports in July grew by 2 per cent to 4,367 units compared to 4,277 units in June last year.
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Auto sector posts mixed results
Nissan India July sales jump over 2-fold to 2,913 units
Japanese car maker Nissan on Friday reported over two-fold jump in sales at 2,913 units in India for the month of July.
The company had sold 1,226 vehicles in July 2013, Nissan Group of India said in a statement.
For the ongoing fiscal, the company said its sales in the April-July period stood at 17,597 units as against 7,494 units in the same period last fiscal.