Maruti Suzuki India Limited continues on its progress path with 1,51,215 units sold in April 2017, i.e., 1,44,492 vehicles sold in India, and 6,723 cars exported. The Company had sold a total of 1,26,569 units in April 2016. Overall sales growth for April 2017 stood at 19.5 percent. While domestic sales are up 23.4 percent, exports are down 29.4 percent.
Passenger car (hatchback and sedan) sales were up 26.6 percent at 1,09,505 units sold, over 86,481 units sold in April 2016. The compact segment (Swift, Celerio, Ignis, Baleno, DZIRE, Dzire Tour) were the biggest gainers at 39.1 percent sales growth with 63,584 units sold as compared to 45,700 units sold in April 2016.
Utility vehicle (Gypsy, Ertiga, S-Cross, Vitara Brezza) sales were up 28.6 percent. Van (Omni, Eeco) sales decreased 4 percent.
Hyundai Motor India Ltd (HMIL) reported domestic sales of 44,758 units and exports of 11,610 units. Total sales stood at 56,368 units for the month of April 2017 up from 54,420 units sold in April 2016 to record growth of 3.6 percent.
Domestic sales growth was reported at 5.7 percent at 44,758 units sold, up from 42,351 vehicles sold in April 2016.
Exports were down to 11,610 units from 12,069 units sold in April 2016, to mark decline at 3.8 percent. Growth momentum has been built on the Xcent, and strong performance of sales volume models, i.e.,Grand i10, Elite i20 and Creta. At present, Hyundai India sales volume is about a third of what Maruti reports.
Honda Cars India Ltd. (HCIL) reported domestic sales of 14,480 units in April 2017, up 38.1 percent from 10,486 units sold in April 2016. Customer response for Honda WR-V and new Honda City 2017 has been positive. HCIL reports bookings of 25,000 units for Honda City since its launch in mid-February, and 12,000 units of WR-V since its launch in mid-March.
Mr. Yoichiro Ueno, President and CEO, Honda Cars India Ltd. said HCIL sales growth is positive with April 2017 numbers being highest ever. HCIL exported 442 cars last month.
Mahindra & Mahindra Ltd. (M&M Ltd.) sold 39,357 vehicles during April 2017, down from 41,863 vehicles sold during April 2016 to report 6 percent sales decline.
Passenger Vehicles segment (which includes UVs, Cars and Vans) sales stood at 19,325, down from 22,655 vehicles sold during April 2016 to mark 15 percent sales decline. Utility vehicle sales decline is reported at 15 decline with 18363 units sold, down from 21484 units sold in April 2016. Cars + Vans sales are down 18 percent at 962 units sold as compared to 1171 units sold in April 2016.
Rajan Wadhera, President, Automotive Sector, M&M Ltd. is hopeful the current FY will usher in positive sentiment in the automotive industry. Infrastructure development, a normal monsoon and the stable policy will fuel growth. Mahindra looks forward to growth momentum on the back of its planned new model year vehicle launches through FY18.
Renault India reported domestic sales of 9545 units in April 2017, down 23.18 percent from 12,426 units sold in April 2016. Renault attributes last month’s slide to bringing about stability to sales. Ever since Kwid launch, the company has reported soaring sales growth barring the last two months. Jan-April 2017 sales remain flat when compared to last year. Recent launches include a Duster petrol CVT variant, and Kwid Climber.
Renault India ended Q1 2017 as the number-one European brand with 3.6 percent market share on the back of 9.9 percent sales increase. Kwid registrations through Q1 2017 were just shy of 27,000 units. Renault India forecast for 2017 sees the company grow at 8 percent.
Nissan India and Datsun India
Nissan Motor Company reported 39 percent increase in wholesale deliveries for April 2017 with 4,217 ( Datsun: 3,076; Nissan: 1,141) vehicles sold, up from 3,028 units sold in April 2016.
Arun Malhotra, managing director of Nissan India made a special mention of the new Terrano and Datsun redi-GO sales performance. Nissan Motor India group growth plan includes launching upto eight new models by 2021 to claim 5 percent market share.
Ford India reported 53 percent sales growth for April 2017 with 25,149 units sold, up from 16,470 units sold in April 2016.
Exports for the month stood at 17,531 units, up 76 percent when compared to April 2016 sales of 9,989 units. Domestic sales growth is reported at 17 percent with 7618 vehicles sold, up from 6,531 units sold in April 2016.
Ford India was able to sustain double-digit domestic sales growth on the back of an evergrowing sales and service network, and its product portfolio. Last month, Ford India brought in Sports Editions of Figo, and Aspire.
Toyota Kirloskar Motor
For April 2017, Toyota Kirloskar Motor (TKM) posts 52 percent domestic sales growth with 12,948 units sold, up from 8,529 units sold in April 2016. Export accounts for 1109 Etios units sold, up 978 units sold in April 2016.
In less than six months since launch, more than 12,000 units of new Fortuner has been sold. Within a month of launch, Corolla Altis growth is reported at over 75 percent. Fortuner’s growth continues unabated as a segment leader since launch in 2009. Innova Crysta growth momentum amplifies the sales volume boost.
Tata Motors passenger vehicles reported 23 percent sales growth in the domestic market at 12,827 units sold on the back of demand for the newly launched Hexa And Tigor. Tata Tiago continues to sell well. Tata Motors expects production, wholesales and retails to pick up in May and June.
Tata Motors passenger and commercial vehicle total sales (including exports) in April 2017 were reported at 30,972 vehicles, marking sales decline of 21 percent, down from 39,389 vehicles sold in April 2016.
Data released by of Indian Automobile Manufacturers (SIAM) shows domestic passenger vehicles sales growth for April 2017 is reported at 14.68 percent with 2,77,602 units sold, up from 2,42,060 units sold in 2016 April.
Domestic car sales grew 17.36 percent to 1,90,788 units, up from 1,62,566 units sold in April 2016.
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