Maruti, M&M head sales, Hyundai, Tata lag behindThe sale of Indian passenger cars has reported 18.48 per cent rise in the month of June, 2007. Sale of cars of the seven companies together (Maruti, General Motors, Hyundai Motors India, Honda-Siel, Skoda, Tata Motors, and Mahindra) went up to 113,029 in
Apnaloan.com Research Bureau
10 Aug 2007
The sale of Indian passenger cars has reported 18.48 per cent rise in the month of June, 2007. Sale of cars of the seven companies together (Maruti, General Motors, Hyundai Motors India, Honda-Siel, Skoda, Tata Motors, and Mahindra) went up to 113,029 in June 2007 from 95,394 last year in the same month.
A strong component of the growth was provided by new cars launched this year, especially of Maruti SX4 and Swift diesel, M&M's Logan and Chevrolet Spark.
Maruti's growth came mainly from both the A2 and A3 segments, led by SX4- clearly indicating a shift in consumer preference for bigger cars. The A2 segment, comprising the Alto, Swift, Wagon-R and Zen Estilo, grew by 38 per cent to 37,646 units in June, while the A3 segment (SX4 and the Esteem) grew by 46% at 3,923 units. However, the sales of Maruti 800 went down by 20.3 per cent.
Hyundai Santro and Getz (A2 segment) took a hit with segment sales dipping by 49% to 13,630 units when compared with 27,228 units in June 2006. However, sales of its mid-sized segment grew by 9.59 per cent to 2,593 units from 2,366 units primarily due to higher sales numbers for Verna, which sold 2,256 units.
Sales of Tata Motors fell by 5.7 per cent to 17,418 units in the domestic market as against 18,465 units posted in the same month of the previous year. The Indica sales fell by 4.4 per cent to 11,727 units, while Indigo witnessed a drop of 18.4 per cent to 2,354 cars.
General Motors, posted sales of 4,779 units, up by 43 per cent for the month
of June 2007 from 3346 units posted during the same month of the previous
year. Honda Siel Car India posted a growth of 27 per cent in June by selling
4503 units as against 3,549 units sold during the same month of the previous
year. Skoda Auto India sold 1008 units during June, up marginally by 1.92 per
cent from 989 units sold in the same month previous year.