Tata Motors Limited, leading automakers of both passenger and commercial vehicles have not been seen very strong sales in recent times. Announcing global sales results for the month of November, the company has reported a 19.91% drop in global sales.
In November 12,332 Volvo trucks were delivered, an increase of 31% compared with the same month last year.
Toyota Fortuner, one of the most expensive models in Toyota lineup is an undisputed market leader. Priced from INR 22.2 to 24.3 lakhs, it has won hands down where attracting attention of the Indian buyer is concerned, and it has been noted that seven out of every 10 SUVs sold in the country, in the INR 15-25 lakh bracket, is a Fortuner.
Ford India has at the moment stopped EcoSport bookings across dealerships here. The compact SUV first made heads turn in Brazil, and has touched all the right notes in India, where it is made at their Chennai plant.
Tata Motors owned Jaguar Land Rover has reported extensive global sales for the month of November 2013, despite a universal negative sentiment. During the past month, the company sold a total of 37,403 units resulting in a 25% increase in global sales as compared to same period last year.
Mercedes-Benz India began the year with a sales growth estimate that hovered around a double digit figure. Attaining sustainable and increased sales hasn’t been a last ditch attempt with Mercedes-Benz India having registered 31% growth through the Q1-Q3 2013 when compared to the same 9 months in 2012.
Overall slowdown in the auto sector, depressed demand, negative sentiments and liquidity crunch has had adverse effects on auto sales in India. The festive season lacked luster and as the year comes to a close there is little hope in sight for any sort of revival.
Total sales where Eicher Motors branded trucks and buses were concerned stood at 3,565 units in November 2012, and dip in demand is primarily due to weaker demand in the MHCV segment.
TVS Motor Company, leasing two wheeler manufacturers and experts in autos, bikes, scooters and motorcycles have reported a 5.77% decrease in sales during November 2013. The South India based automakers sold a total of 1,61,908 units in November 2013 as against 1,71,837 units in November 2012.