Maruti, Honda, Ford post sales growth in September
Quotes

Maruti, Honda, Ford post sales growth in September

Last Updated: Tuesday, October 01, 2013, 20:59
 
 Comment 0
 
Maruti, Honda, Ford post sales growth in September
New Delhi: Car makers Maruti Suzuki, Honda and Ford posted an increase in domestic sales in September, while others including Mahindra, Tata Motors and Hyundai, reported decline in a market which has started picking up, albeit slowly, with the onset of the festive season.

Two-wheeler makers Hero MotoCorp and Honda Motorcycle and Scooter India reported healthy growth in September riding on good monsoon.

Country's largest car maker Maruti Suzuki India (MSI) posted a 1.8 percent increase in sales during the month to 90,399 units as against 88,801 units in September last year.

MSI said sales of its popular compact sedan Dzire rose by 42.9 percent during the month under review at 16,708 units as against 11,694 units in September, 2012.

Honda Cars continued its sales growth on the back of its entry level sedan Amaze, posting an overall 88 percent jump in its domestic sales at 10,354 units for September 2013. The company had sold 5,508 units in the September 2012.

"We are happy to see the huge demand for the Honda Amaze and Brio. The sales figures have set a positive tone for the upcoming festive season," HCIL Senior Vice President (Marketing & Sales) Jnaneswar Sen said.

Ford India posted 36.51 percent increase in its domestic sales to 10,640 units in September this year as against 7,794 units in the same month last year on the back of newly launched compact sports utility vehicle EcoSport.

"Despite prevailing difficult economic conditions, we are excited to see our products finding greater acceptance among customers that is mirrored in our sales," Ford India Executive Director (Marketing, Sales and Service) Vinay Piparsania said.

Toyota Kirloskar Motor said its sales in India were at 12,015 units in September 2013, marginally down from 12,115 units in the corresponding month last year.

"The market continues to be sluggish. We hope that the market will improve with the upcoming festive season," TKM Deputy Managing Director and COO (Marketing and Commercial) Sandeep Singh said.

Hyundai's domestic sales stood at 30,601 units during the month, marginally down from 30,851 units in September 2012.

"In the current market scenario, volume growth is a big challenge...We expect the market challenges to continue and have a cautious optimism for upcoming festive season," HMIL Senior Vice-President, Sales and Marketing, Rakesh Srivastava, said.

Meanwhile, homegrown auto major Tata Motors' passenger vehicle sales in the domestic market stood at 12,879 units in September, down 40.51 percent from 21,652 units a year-ago.

Mahindra & Mahindra's (M&M) domestic sales stood at 40,574 units as against 45,263 units in the same month last year, down 10.35 percent.

"While there has been a growth over August 2013, it is not to the extent that makes us comfortable, especially as we approach the festive season," M&M Chief Executive (Automotive Division) Pravin Shah said.

General Motors India posted a 4.79 percent decline in sales at 7,048 units in September 2013.

"The market continues to remain depressed due to weak economic conditions, negative market sentiments and various other factors," GM India Vice-President P Balendran said.

However, the company expects the market to show some improvement closer to the festive season, he added.

In the two-wheeler segment, market leader Hero MotoCorp reported a 15.78 percent rise in total sales at 4,68,670 units in September this year.

Honda Motorcycle & Scooter India reported 35 percent growth in sales at 3,28,965 units for September 2013. Similarly, Yamaha Motor India Sales also reported 42 percent growth in total sales at at 60,031 during August 2013 as compared to the corresponding period last year.

Chennai-based TVS Motor Co reported 16 percent increase in total sales in September at 1,97,409 units as against 1,70,097 units in the same month last year.

PTI


First Published: Tuesday, October 01, 2013, 19:46


Comments


comments powered by Disqus
BMW-X3
BMW-X3
Forbes Best Places for Biz 2014
Forbes Best Places for Biz 2014
Hyundai Elite i20
Hyundai Elite i20
Honda Mobilio MPV
Honda Mobilio MPV
Tata Zest first drive review: In pics
Tata Zest first drive review: In pics
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved