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Friday, October 1, 2010

Auto majors post record sales



Auto makers continued with their impressive sales in September, led by Maruti Suzuki, Hyundai Motor India and Mahindra & Mahindra, which on Friday reported record monthly sales.


While the country's largest car-maker, Maruti Suzuki India, reported its highest-ever total monthly sales of 1.08 lakh units in September, Hyundai Motor India also said it had achieved its best ever domestic sales in a month at 31,751 units.


In terms of growth, Maruti Suzuki had 29.65 per cent increase vis-a-vis the year-ago period, while that of Hyundai Motor India the rise was 14.2 per cent.


The Maruti's previous highest was 1.05 lakh units in August and that of Hyundai Motors was in March at 31,501 units.


Mahindra & Mahindra also said its sales of 35,177 units in the said month, up 23.71 per cent over the same period last year, were its best ever monthly performance.


Homegrown Tata Motors said it recorded a 23 per cent increase in its total sales in September at 64,668 units compared to 52,513 units in the same month in 2009.


Ford India reported over two-fold jump in sales at 8,380 units in September on the back of a good response to its latest small car Figo.


While General Motors India saw sales climbing by 12.58 per cent to 8,617 units in September, Toyota Kirloskar Motor reported an 8.47 per cent jump in sales at 6,235 units during the month. Similarly, Honda Siel Cars India reported 33.38 per cent jump during the month at 7,728 units.


In the two-wheelers segment, the country's largest two-wheeler maker Hero Honda reported a jump of 8.06 per cent in its sales at 4.34 lakh units during the month under reference. The company had sold 4.01 lakh units in the corresponding month last year.


Chennai-based TVS Motor Co reported its highest-ever monthly sales of 1.88 lakh units in September, 30.78 per cent higher than the same month last year.


The company had registered total sales of 1.44 lakh units in the corresponding month of 2009.


Another player, India Yamaha Motor reported 13.53 per cent increase in its total sales in September at 33,944 units, up from, 29,900 units in the same month last year.


Keywords: Maruti Suzuki, Hyundai, Mahindra & Mahindra, record auto sales

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