Millennium Post

Auto firms sales zoom in April

Auto firms sales zoom in April
April witnessed a surge in the sales of most the automobile companies in the country.

India's largest carmaker, Maruti Suzuki India [MSI] on Tuesday reported a 3.4 per cent increase in sales to 1,00,415 units during April 2012. The company had sold 97,155 units in April last year.

Domestic sales were up 3.6 per cent at 90,255 units last month, compared to 87,144 units in the same month last year, MSI said in a statement. The exports increased 1.5 per cent to 10,160 units in April from 10,011 units in the year-ago period.

Toyota Kirloskar Motor [TKM] reported a 49 per cent increase in car sales at 14,378 units during April 2012, up from 9,681 units sold in April last year, TKM said in a statement.

TKM, a joint venture between the world’s largest carmaker Toyota and the Kirloskar Group, said however that consumer sentiment does not appear to be positive.

‘The Etios series, Innova, Fortuner continue to register growth in April. However, the market sentiments seem to be low with enquiry levels having gone down across the industry,’ TKM deputy MD (marketing) Sandeep Singh said.

Mahindra & Mahindra [M&M] reported a 27 per cent jump in sales at 40,719 units for April 2012. The company had sold 32,090 units in the same month last year, M&M said in a statement.

Meanwhile, Tata Motors reported a decline of 7 per cent in its total sales including exports in April which stood at 60,086 units from 64,383 units sold in the corresponding period of last year, while domestic sales, including commercial and passenger vehicles, declined 5 per cent to 57,305 units from 60,125 units.

Exports-wise, the company reported a decline of 35 per cent in the month under review at 2,781 units as compared to 4,258 units shipped out in April 2011.

According to the company, sales of its commercial vehicles segment last month declined by 6 per cent at 34,647 units compared to 36,738 vehicles sold in April last year.

Light commercial vehicle sales stood at 24,818 units, a growth of 9 per cent over the 22,802 units sold in the corresponding period of last year.

‘Medium and heavy commercial vehicle sales stood at 9,829, lower by 29 per cent, compared to 13,936 vehicles sold in April last year,’ the company said in a statement.

General Motors India’s sales were not on expected lines and declined 20.34 per cent at 8,005 units. The company had sold 10,050 units in the same month of 2011.

‘The sales were not on the expected lines as uncertainty in fuel prices, hike in excise duty, and hike in local taxes in some states continue to put a lot of pressure on the automobile market,’ GM India vice-president P Balendran said.

Two- and three-wheeler maker TVS Motor Company closed its sales with a 7 per cent growth in  the domestic sector versus the corresponding period of 2011. The company registered 151,181 units in April 2012 against 1,41,619 units in April 2011 in India, as per a company statement issued on Tuesday.

Yamaha Motor reported 6 per cent increase in total sales at 36,581 units for April 2012. The company had sold 34,476 units in April last year. The sales stood at 26,944 units, as against 25,817 units.
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