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Auto sector sales improve in November Print E-mail
Written by Viswanath   
Friday, 02 December 2011
New Delhi: Companies in the auto sector registered a rise in sales in November as compared to the same period in the previous year. Following sluggish sales in October, companies like Tata Motors, Hyundai, TVS, Nissan, Toyota, Volkswagen and Mahindra saw an increase in demand.

The companies are however concerned about the high interest rates, slowing economy and steep petrol prices.

Maruti Suzuki India Limited

Maruti Suzuki India Limited sold a total of 91,772 vehicles in November, 2011. This includes 8,902 units for export. Exports were down by 18.5 percent compared to November 2010.

Compared to Nov 2010, sales grew by 6 percent in the super-compact segment consisting of DZire andby 9.8 percent in the mid-size segment (SX4).
Sales were down by -27.2 percent in the mini segment (M800,Alto,A-star,WagonR) and by -3.7 percent in the compact segment (Swift, Estilo, Ritz). The company sold 162 Kizashi cars, its only offering in the executive segment.

Mahindra's Auto Sector

Mahindra & Mahindra Ltd announced a 53% rise in its auto sales numbers, which stood at 40722 units during November  2011 as against 26666 units during November 2010. Bucking industry trends, the company’s domestic sales stood at 38159 units during November 2011, as against 25166 units during November 2010, an increase of 52%. The 4-wheeler commercial segment which includes the passenger and load categories has registered an impressive growth of 74% at 13362 units.

Speaking on the numbers, Rajesh Jejurikar, Chief Executive, Automotive Division, Mahindra & Mahindra Ltd. said, “We are delighted with our outstanding growth in November wherein in spite of the market slowdown post the festive season, we have been able to maintain a consistent performance. All our brands are doing well with the excitement around XUV5OO continuing, as we ramp up production".

Tata Motors

Tata Motors' total sales (including exports) of Tata commercial and passenger vehicles in November 2011 were 76,823 vehicles, higher by 41 per cent over November 2010. The company’s domestic sales of Tata commercial and passenger vehicles for November 2011 were 72,474 vehicles, higher by 44 per cent over 50,419 vehicles, sold in November last year.

The company's sales from exports at 4,349 vehicles in November 2011 are higher by 3 per cent compared to 4,203 vehicles in November last year. The cumulative sales from exports for the fiscal at 39,598 vehicles, are higher by 7 per cent over 36,851 vehicles, in the same period last year.

Cumulative sales (including exports) for the company for the fiscal are 544,492 vehicles, a growth of 9 per cent over 499,510 vehicles, sold last year.

The company’s sales of commercial vehicles in November 2011 in the domestic market were 44,737 vehicles, a 28 per cent growth, compared to 35,079 vehicles, sold in November last year. LCV sales were 28,673 vehicles, a growth of 41 per cent, compared to 20,376 vehicles sold in November, last year. M&HCV sales stood at 16,064 vehicles, a growth of 9 per cent, compared to 14,703 vehicles sold in November, last year.

Cumulative sales of commercial vehicles in the domestic market for the fiscal are 361,227 vehicles, a growth of 19 per cent over last year. Cumulative LCV sales are 197,465 vehicles, a growth of 26 per cent over last year, while M&HCV sales stood at 129,120 vehicles, a growth of 10 per cent over last year.

The passenger vehicles business reported a total sale and distribution offtake of 28,774 vehicles (27,737 Tata + 1037 Fiat) in the domestic market in November 2011, higher by 76 per cent compared to 16,363 vehicles (15,340 Tata + 1,023 Fiat) in November last year. Sales of Tata passenger vehicles for November 2011 are at 27,737 vehicles, a growth of 81 per cent over 15,340 vehicles, sold in November last year. Sales of the Tata Nano were 6,401 vehicles, compared to 509 vehicles, sold in November, last year. The Indica range sales were 10,926 vehicles, higher by 91 per cent, over 5,716 vehicles, sold in November, last year. The Indigo range recorded sales of 6,213 vehicles, higher by 3 per cent, over 6,009 vehicles, sold in November, last year. The Sumo / Safari / Aria / Venture range accounted for sales of 4,197 vehicles, a growth of 35 per cent, over 3,106 vehicles, sold in November, last year.

Toyota Kirloskar Motor

Toyota Kirloskar Motor registered sales of 13,956 units in November 2011 as compared to 5,242 units in November 2010. The company sales grew by 266% when compared to the corresponding period last year. Mr. Sandeep Singh, Deputy Managing Director, Marketing, TKM said, "We are very happy with the overwhelming response and confidence shown by our customers in the Etios and Etios Liva. The Etios series has sold a total of 8, 271 units in November. This growth can also be attributed to our efforts of educating more and more customers about the cost benefits of petrol cars by understanding their requirement and usage." The Etios and Etios Liva recorded a sale of 3,943 and 4,328 respectively along with the Innova clocking 4,308 units.

Hyundai Motor

Hyundai Motor India recorded a 10.9 per cent jump in domestic sales. Exports have climbed 69.8 per cent, taking aggregate growth for the month to 28.1 per cent.

Nissan Motor

Nissan Motor India reported sales of 2,688 units in November, 2011. Growth in sales was driven by the sales of the recently launched Sunny Sedan, which accounted for 1,131 of the November total.

Volkswagen

Volkswagen registered a growth of 46% at 6,722 units.

Hero MotoCorp

Hero MotoCorp reported its highest ever sales for November at 5,36,772 units, registering a jump of 27.39 per cent over the same month last year. The company had sold 4,21,366 units in the corresponding month last year.

TVS Motor

TVS Motor Company sold 175,535 two-and three-wheelers registering a growth of 12 per cent. Total two-wheeler sales grew by 12 per cent with sales of 172,829 units in November (153,882 units).  The company sold 2,706 units of three-wheelers (3,159 units).

 
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