While Tata and Mahindra registered negative overall YoY growth for the month of December 2015, the country’s first and second largest passenger car makers posted growth. Compared to the same month last year, Maruti Suzuki India Ltd (MSIL) and Hyundai Motor India Ltd. (HMIL) witnessed overall growth of 8.5% (at 1,19,149 units) and 8% (at 64,135 units) respectively.
Coming to the domestic markets, Maruti’s sales in December 2015 stood at 1,11,333 units as against last December’s volume of 98,109 units – a growth of 11.6%. In comparison, Hyundai India sales soared up by 28.8% at 41,861 units in the domestic market as against 32,504 units in December 2014.
Hyundai India’s exports however came down by 17.2% last month at 22,274 units. Increased focus on catering to the domestic market could be one of the reasons. Maruti’s exports too declined 33.15% to 7,816 units last month.
Meanwhile, Maruti’s UV segment including Gypsy, Ertiga, S-Cross and Grand Vitara registered an impressive YoY growth of 58.8% at 9,168 units. Passenger car sales went up 11.6% to 91,043 units. Omni and Eeco vans registered a growth of 3.3% at 11,122 units.
Also read – Maruti S-Cross gets hefty discounts in New Delhi
Hyundai India ended 2015 calendar year with all-time highest cumulative sales volume of 476,001 units at a growth rate of 15.7%. The company also claims its highest projected market share of 17.2%, thanks in no small measure to the highly successful Hyundai Creta.