Maruti Suzuki Hyundai Mahindra domestic car sales rise in April

first_imgMaruti Suzuki India Limited (MSIL), Hyundai Motor India Limited and Mahindra & Mahindra (M&M) have reported growth in domestic car sales for April 2016 on a year-on-year basis. While volumes at MSIL and M&M rose 16 percent and 14 percent, respectively, the Indian arm of South Korean car maker sold 10 percent more cars than it did in April 2015.Maruti Suzuki India LimitedIndia’s largest carmaker sold 1.17 lakh (1,17,045) units in April 2016, up 16.2 percent from 1.01 lakh (100,709) cars sold in April 2015, PTI reported. Exports dropped 13.7 percent to 9,524 units in the month from 11,038 cars in April 2015.The overall sales stood at 1.26 lakh (1,26,569) units, up 13.3 percent from 1.12 lakh (1,11,748) cars the Gurugram-based company sold in April last year.The country’s largest carmaker Maruti Suzuki on Monday posted a 13.3 per cent rise in total sales in April at 1,26,569 units as against 1,11,748 units last year, the agency report added.MSIL sold less cars in the mini-segment comprising the Alto and WagonR, while sales of compact segment models consisting of Swift, Estilo, Ritz, Dzire and Baleno spurted 8.04 percent to 45,700 units from 42,297 units in April 2015.The utility vehicle segment comprising the Gypsy, Grand Vitara, Ertiga, S—Cross and the recently- launched compact SUV Vitara Brezza posted exponential growth in sales to 16,044 units in April 2016 from 4,452 units in the corresponding month last year.Hyundai Motor India LimitedThe company’s domestic car sales increased 9.7 percent to 42,351 units in April 2016 from 38,601 cars sold in April 2015. However, exports fell 6.5 percent to 12,069 cars.”In an industry seeing challenges on rural sales, diesel vehicle sales, Hyundai continued its growth momentum with volume growth of 9.7% over last year,” Rakesh Srivastava, Sr. Vice President, Sales and Marketing, Hyundai Motor India Limited, said in a statement on Monday. Mahindra & MahindraThe Mumbai-based SUV maker posted a 16.39 percent rise in domestic car sales to 22,655 units in April 2016 from 19,464 units in April 2015, the company said in a regulatory filing with the BSE on Monday.The company sold 20,704 tractors in India during the month, up 21.74 percent from 17,006 units in April 2015.last_img

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