After a lacklustre 2011, domestic carmakers had an encouraging start to 2012 as January sales figures of most manufacturers registered a good growth.
Recovering from its production loss due to labour unrest, Maruti Suzuki registered a modest 2.42 per cent rise in its domestic sales at 88,377 units in January, which came after seven consecutive months of negative growth figures.
However, Hyundai Motor India Ltd. (HMIL) saw its sales growing by 11.85 per cent last month at 33,900 units, while Tata Motors registered a growth of 14.75 per cent at 34,669 units.
Toyota Kirloskar Motor (TKM) and Mahindra & Mahindra posted good growth at 17,395 units (89 per cent growth) and 41,369 units (19.56 per cent), respectively.
Nissan Motor India Private Ltd (NMIPL) reported its highest ever monthly sales in India with a record 5,168 units sold in January compared to 1,857 units in January last year, while Volkswagen sold 5,789 vehicles last month compared to 5,601 vehicles sold in January 2011. However, Ford India reported a 2.99 per cent decline in sales at 10,789 units, while sales figures of General Motors also dropped by 17.46 per cent decline at 8,241 units.
The disruption in supply of components due to the Thailand floods continues to affect the production at Honda Siel Cars India, as it sold just 1,784 units in January 2012.