Monday, May 3, 2010

Indian Auto Industry Sales Report for April 2010

Car Sales April 2010
After a stunning year-end performance in March 2010, Indian auto industry once again recorded an impressive growth in April 2010. Despite the recent price hikes and discontinuation of some car models in 13 big cities across the country due to BS 4 implications, all major car makers managed to increase their sales during this period. Almost all of them posted double digit growth figures that took the total sales of the domestic car market to a new height altogether.

Maruti Suzuki India reported a significant growth of 29.70% in total sales at 93,058 units as compared to 71,748 units sold during the corresponding period last year.

Tata Motors registered a 52.47% increase in total vehicles sales at 57,202 units, as compared to 37,518 units in the same month last year.

April 2010 total sales for Ford India witnessed a three-fold jump at 7,509 units. The company cited the good response to its small car recent launch Figo for this growth performance. It sold 2,034 vehicles during the corresponding period last year.

Hyundai Motor took its total sales figure for April 2010 to 52,020 units from 44,370 units in the same period previous year, which is a growth by 17.24%.

Toyota Kirloskar Motor, the Indian subsidy of Toyota registered a growth of 77.23% at 6,001 units against 3,386 units in the corresponding period previous year.

In the two wheeler segment, market leader Hero Honda put up a plateau performance. It managed to sell only 3,71,652 units as compared to 3,70,575 units in April 2009.

Suzuki Motorcycle India reported a growth of 53.22% in sales in April 2010. It sold 20,771 units compared to 13,556 units in the same period last year.

TVS Motor Company posted a 27.91% rise in sales at 1,44,689 units compared to 1,13,119 units in April last year.

Finally, India Yamaha Motor, regardless of premium pricing of its motorbikes, registered a growth of 42.01% in sales. It sold 24,960 units as compared to 17,576 units in the same month last year.

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