Car firms post lacklusture May sales
2 Jun 2012 11:34 PM GMT
The country's top car companies posted a not so good sales numbers in May as an increase in excise tax and rise in fuel price hit the demand.
The country’s largest carmaker Maruti Suzuki on Friday reported 4.99 per cent fall in total sales at 98,884 units for May.
The company had sold 1,04,073 units in the same month last year, Maruti Suzuki India (MSI) said.
In May, MSI recorded domestic sales at 89,478 units, compared to 93,519 units in the year-ago period, registering a fall of 4.32 per cent. Similarly, MSI's exports went down 10.88 per cent to 9,406 units last month from 10,554 units in the year-ago period, the company said.
Sales of the company's mini-segment cars, including the M800, A-Star, Alto and WagonR, fell by 29.03 per cent to 29,895 units during the month, from 42,125 units in May 2011.
However, in the compact segment (comprising the Estilo, Swift and Ritz models), MSI witnessed a 14.66 per cent rise in sales to 24,290 units, from 21,185 units in the same month a year ago.
General Motors India said its sales declined by 27.01 per cent at 6,079 units during May this year. It had sold 8,329 units in the same month of 2011.
Last month, the company sold 735 units of small car Spark, 4,110 units of hatchback Beat, 71 units of entry-level sedan Aveo, 7 units of mid-sized sedan Optra and 188 units of luxury sedan Cruze. It also sold 946 units of multi-purpose vehicle Tavera and 22 units of sports utility vehicle Captiva during the month.
German luxury car maker Audi reported a 10 per cent jump in sales in India during May at 450 units.
In the year-ago period, the company had sold 408 cars, Audi India said in a statement.
‘In 2012, we will continue our strategic course of product expansion and launch attractive vehicles in the market for sustainable and profitable growth,’ Audi India Head Michael Perschke said.
During January to May period of 2012, the company saw 37 per cent growth by delivering 3,281 vehicles as compared to 2,394 vehicles delivered during the same period last year.
Auto major Mahindra & Mahindra Ltd announced a 28 per cent increase in its sales for May at 43,988 units against 34,323 units in the same month last year.
The company's domestic sales stood at 39,938 units during the month, as against 32,159 units during May 2011, an increase of 24 per cent, it said in a statement.
The passenger vehicles segment (which includes the UVs and Verito) has registered a growth of 27 per cent, having sold 21,154 units in May 2012, as against 16,702 units during May 2011.
‘We are happy to have achieved a growth of 28 per cent during May 2012 in spite of difficult and uncertain market conditions. All our brands, especially those in the personal category are doing well,’ M&M chief executive, (automotive division) Pravin Shah said.
Nissan Motor India reported 98 per cent year-on-year rise in sales at 3,138 units in May as against 1,588 units sold in the year ago period.
Ford India reported a 14.66 per cent decline in total sales at 7,729 units in May.
The company had sold 9,057 units in the corresponding month last year, Ford India said. Its overseas shipments fell by 15.81 per cent to 1,693 units in May this year from 2,011 units.
The country’s largest carmaker Maruti Suzuki on Friday reported 4.99 per cent fall in total sales at 98,884 units for May.
The company had sold 1,04,073 units in the same month last year, Maruti Suzuki India (MSI) said.
In May, MSI recorded domestic sales at 89,478 units, compared to 93,519 units in the year-ago period, registering a fall of 4.32 per cent. Similarly, MSI's exports went down 10.88 per cent to 9,406 units last month from 10,554 units in the year-ago period, the company said.
Sales of the company's mini-segment cars, including the M800, A-Star, Alto and WagonR, fell by 29.03 per cent to 29,895 units during the month, from 42,125 units in May 2011.
However, in the compact segment (comprising the Estilo, Swift and Ritz models), MSI witnessed a 14.66 per cent rise in sales to 24,290 units, from 21,185 units in the same month a year ago.
General Motors India said its sales declined by 27.01 per cent at 6,079 units during May this year. It had sold 8,329 units in the same month of 2011.
Last month, the company sold 735 units of small car Spark, 4,110 units of hatchback Beat, 71 units of entry-level sedan Aveo, 7 units of mid-sized sedan Optra and 188 units of luxury sedan Cruze. It also sold 946 units of multi-purpose vehicle Tavera and 22 units of sports utility vehicle Captiva during the month.
German luxury car maker Audi reported a 10 per cent jump in sales in India during May at 450 units.
In the year-ago period, the company had sold 408 cars, Audi India said in a statement.
‘In 2012, we will continue our strategic course of product expansion and launch attractive vehicles in the market for sustainable and profitable growth,’ Audi India Head Michael Perschke said.
During January to May period of 2012, the company saw 37 per cent growth by delivering 3,281 vehicles as compared to 2,394 vehicles delivered during the same period last year.
Auto major Mahindra & Mahindra Ltd announced a 28 per cent increase in its sales for May at 43,988 units against 34,323 units in the same month last year.
The company's domestic sales stood at 39,938 units during the month, as against 32,159 units during May 2011, an increase of 24 per cent, it said in a statement.
The passenger vehicles segment (which includes the UVs and Verito) has registered a growth of 27 per cent, having sold 21,154 units in May 2012, as against 16,702 units during May 2011.
‘We are happy to have achieved a growth of 28 per cent during May 2012 in spite of difficult and uncertain market conditions. All our brands, especially those in the personal category are doing well,’ M&M chief executive, (automotive division) Pravin Shah said.
Nissan Motor India reported 98 per cent year-on-year rise in sales at 3,138 units in May as against 1,588 units sold in the year ago period.
Ford India reported a 14.66 per cent decline in total sales at 7,729 units in May.
The company had sold 9,057 units in the corresponding month last year, Ford India said. Its overseas shipments fell by 15.81 per cent to 1,693 units in May this year from 2,011 units.
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