The first month of new financial year has been started on a positive note for India’s top two car makers, as both Maruti Suzuki and Hyundai have registered increase in car sales. These two companies together, have a market share of over 60% in the Indian car industry.
For April 2015, Hyundai India registered sales of 38,601 units in the domestic market, and 12,904 units for exports. Thus registering total sales of 51,505 units; this is 2.6% more than what was registered in April 2014. Domestic sales of Hyundai increased by 9.5%, while exports declined by 13.8%. This is because Hyundai has stopped exporting i20 to Europe, due to high local demand. Together, i20 Elite and i20 Active registered sales of 12,425 units.
In 2015, Hyundai India has already launched three new cars – Verna facelift, i20 Active and 2015 Elantra. They plan to launch at least one more car this year, this will be in the form of new Hyundai ix25 SUV. It will be priced so as to compete with the likes of Renault Duster and Nissan Terrano.
For the month of April 2015, Maruti Suzuki posted sales of 1,11,748 units, including exports of 11,039 units. This means, total sales have increased by 29.6% as compared to sales registered in April 2014 (86,196). Talking about domestic sales, Maruti registed an increase of 27.3% to 1,00,709 units (as against 79,119 of last year). Exports increased by 56%.
Almost every segment of Maruti Suzuki registered a positive growth, except for their UV segment. This segment declined by 11.2% to register sales of 4,452 units. Maruti offers Ertiga, Gypsy and Grand Vitara in this segment. Below is a detailed sales report of Maruti Suzuki for April 2015.
Talking about new launches from Maruti Suzuki for this fiscal, they include new premium hatchback, a crossover, and a compact SUV.