Mahindra & Mahindra and Honda Cars post a good show
Car maker Maruti Suzuki, rivals Hyundai Motor and Mahindra & Mahindra showed rays of hope, posting growth in their domestic sales in January despite the automobile industry continuing its rough ride.
Tata Motors, Toyota Kirloskar, General Motors and Ford India began the year on a negative note as their sales declined in January, giving credence to calls from for support from the government in the forthcoming Budget.
In January this year, Maruti Suzuki India recorded domestic sales of 1,03,026 units compared to 1,01,047 units in the year-ago period, registering a rise of 1.96 per cent.
Hyundai Motor India (HMIL) recorded an increase of 1.19 per cent in sales at 34,302 units compared to 33,900 units in the year-ago period.
“For Hyundai the year has started on a positive note with growth in its domestic and export sales... Marketing initiatives in rural markets are bringing volume growth,” HMIL Vice President (sales and marketing) Rakesh Srivastava said.
Mahindra & Mahindra reported total sales of passenger vehicles including Scorpio, XUV500, Xylo, Bolero and Verito, at 26,555 units for the domestic market as against 19,975 units in January 2012, translating into a 32.94 per cent increase.
Good show at Honda
Honda Cars India reported an over three-fold increase in its domestic sales for January 2013 at 5,451 units. It had sold 1,784 units in the same month last year.
Tata Motors’ total passenger vehicle sales in the domestic market stood at 15,209 units in January, down 56.13 per cent from 34,669 units in the same month last year. Toyota Kirloskar Motor also reported 23.37 per cent decrease in its domestic car sales at 13,329 units in January 2013. It had sold 17,395 units in the same month last year.
General Motors India reported a 7.92 per cent decline in its sales at 7,588 units last month. It had sold 8,241 units in the same month of 2012. “The market continues to remain depressed for the automobile sector because of various negative factors. Passenger car segment in January this year is down by 13 per cent compared to January 2012,” GM India Vice President P. Balendran said.
Ford India’s domestic sales went down by 33.65 per cent to 6,062 units in January this year as against 9,137 units in the same month last year. Ford India Executive Director (marketing, sales and service) Vinay Piparsania said: “To offset the prevailing tough conditions and introduce buoyancy into the market, we hope the government will introduce regulatory policies that are conducive to the growth of the automotive industry.”
Renault India reported an over five-fold jump in sales at 4,914 units. It had sold a total of 885 vehicles during January 2012.
In the two-wheeler category, Honda Motorcycle & Scooter India (HMSI) reported a 21.63 per cent growth in its total sales for January 2013 at 2,30,304 units. Its total sales had stood at 1,89,353 units in the corresponding month of the last year.
India Yamaha Motor reported a 13.25 per cent increase in its domestic sales at 29,785 units during January 2013 compared to 26,300 units in the same month last year.
Suzuki Motorcycle India too reported 13.91 per cent rise in its sales at 39,982 units in January 2013. It had sold 35,099 units in the same month of 2012.