Maruti, Hyundai, Mahindras drive into new fiscal with robust sales
Leading auto makers Maruti Suzuki, Hyundai Motor and M&M began the new financial year with robust sales in April as also two-wheeler majors Hero MotoCorp and Honda Motorcycles & Scooters. Ford India and Renault too reported good sales growth in April.
Maruti Suzuki India (MSI) said its domestic sales increased by 16.2 per cent during the month to 1,17,045 units as against 1,00,709 units in April 2015. “Driving this robust growth for Maruti Suzuki are the new premium offerings Ciaz, Baleno, Vitara Brezza and S Cross.
Communicating a new design philosophy, powered with new technologies and innovations, some of these products are on wait list,” MSI Executive Director, Marketing & Sales R S Kalsi said.
The company is making all efforts to improve availability of Baleno and Brezza to meet commitment to customers, he added.
The company saw sales of its utility vehicles, including Gypsy, Grand Vitara, Ertiga, S-Cross and recently launched compact SUV Vitara Brezza surge over 3-fold to 16,044 units from 4,452 units a year ago. Sales of compact segment, comprising Swift, Estilo, Ritz, Dzire and Baleno increased by 8 per cent to 45,700 units in April as against 42,297 units a year ago. However, sales of mini-segment cars including, Alto and WagonR declined 9.9 per cent to 31,906 units compared with 35,403 units in the year-ago period.
Rival Hyundai Motor Ltd (HMIL) India’s domestic sales rose 9.7 per cent to 42,351 units last month as compared to 38,601 units a year ago.
“In an industry seeing challenges on rural sales and diesel vehicle sales, Hyundai continued its growth momentum with volume growth of 9.7 per cent over last year with strong performance of... Creta, Elite i20, Grand,” HMIL senior vice- president sales and marketing Rakesh Srivastava said.
Home-grown utility vehicle major Mahindra & Mahindra saw its domestic sales growing 14 per cent at 39,357 units last month compared with 34,467 units in April 2015. The company’s Chief Executive (automotive division) Pravin Shah said the company expects to maintain its growth momentum with wide range of product portfolio as well as the new launches of variants and refreshes.
Commenting on the diesel ban issue, he said: “We do hope that the Honourable Supreme Court, while taking a decision on diesel vehicles ban in NCR region on May 9, will take cognisance of all the facts, including the role that the automotive industry plays in the country’s industrial growth.”