Sales of vehicles in the month of October 2013

Maruti Suzuki October’13 sales up by 1.9pc

Maruti Suzuki India announced a growth of 1.9pc in sales volume to 105,087 units in October 2013 compared with 103,108 units in October 2012. It exported 9,026 vehicles, which was 27pc higher compared with 7,106 units in October 2012. The car market leader’s domestic sales during the month stood at 96,062 units, compared to 96,002 units in October last year, representing a rise of 0.1pc.

Hero MotoCorp Oct’13 sales up by 18.17pc

Hero MotoCorp Ltd (HMCL) registered an 18.17pc increase in its sales at 625,420 units of two-wheelers in October 2013, vis-à-vis 529,215 units sold in the same month last year. This is also the first time that any two-wheeler manufacturer has exceeded the landmark 6 lakh unit sales in a month. Hero MotoCorp’s previous highest sales for any month were recorded in May this year when it sold 557,890 units.

 Anil Dua, Sr. Vice-President (Marketing & Sales), Hero MotoCorp said, “Our factories have been working to capacity to meet the added demand in this festive season. With Dhanteras and Diwali in November, we are prepared to maintain this retail momentum going forward. Thanks to an improved market sentiment and our 15 new offerings lined-up for a phase-wise launch in the coming months, we are planning to bring even more excitement to the marketplace.”

GM India records 14 pc sales growth in October 2013

General Motors India has sold 7,715 vehicles in the month of October 2013 against 6,754 units sold in the corresponding period last year, recording a growth of 14 pc. These include 2,679 units of Beat, 1,965 units of Chevrolet Enjoy and 1,837 units of Chevrolet Sail.

Commenting on the sales, P. Balendran, Vice President, GM India said, “The marginal sales rebound seen last month is on account of the festival season combined with the emerging demand for new entries. Discounts are at its peak and sales of diesel vehicles are tapering off as the price differential between the two fuels is dropping sharply.” Going by the market scenario, we expect the challenging times to continue as the general economic conditions have not improved. The buoyancy in the market is completely missing and we don’t see any sustained market upturn before a new government assumes office after general elections,” he added.

M&M sales drop by 5.39pc in Oct’13

Mahindra & Mahindra reported 5.39 pc decline in its total sales at 50,558 units in October 2013, vis-à-vis 53,439 units sold in the same month last year. In October this year, M&M's domestic sales stood at 47,787 units as against 51,316 in the same month last year, down 6.87pc. The total sales of passenger vehicles, including Scorpio, XUV500, Xylo, Bolero and Verito, stood at 22,924 units during the month as against 26,932 in October 2012, down 14.88 pc. M&M's exports were up by 30.58 pc to 2,771 units during the month from 2,122 units in October 2012. 

Sales of the company's four-wheel commercial vehicles were up 4.83 pc at 17,362 units as against 16,561 in October 2012. Its three-wheelers sales remained almost flat at 6,999 units during October 2013 as against 6,973 units in the same month last year. Commenting on the sales performance, M&M Chief Executive (Automotive Division) Pravin Shah said: "Inspite of the new launches, the auto industry has witnessed a de-growth of nearly 5 pc during the first half of the fiscal 2013-14 and the recent repo hike may prove to be a dampener for potential customers. The auto industry continues to look forward to an immediate support in terms of stimulus package to perk it up as well as bring back the growth momentum for the economy in general and the automotive sector in particular.”

Yamaha India domestic sales up by 32pc

Yamaha Motor India Sales Pvt. Ltd. has crossed the 50,000 mark thereby registering a growth of 32pc in domestic sales during October 2013. Consequently, the company has recorded a 35pc average growth rate in the past 10 months. The company sold 51,808 units in October 2013 as against 39,368 units sold in October last year in the domestic market thereby registering a domestic sales growth of 32pc. In the Export markets the company sold 12,744 units in October 2013 as compared to 10,154 units sold in the same month last year achieving a growth of 25.5pc. The overall sales stood at 64,552 units in October 2013 while 49,522 units were sold in October 2012, thereby registering a 30.3pc overall growth.

TVS Motor Company clocks 4pc growth in October sales

The total sales of TVS Motor Company grew by 4pc in October 2013 increasing from 190,438 units registered in October 2012 to 197,905 units in the current month. Two wheeler sales grew by 2pc with sales increasing from 186,376 units in October 2012 to 189,979 units in October 2013. Domestic two wheeler sales grew by 2pc increasing from 170,273 units in October 2012 to 173,229 units in 2013. Motorcycles grew by 13pc increasing from 72,687 units in October 2012 to 82,352 units in October 2013. Scooters registered sales of 42,124 units in October 2013 as against 43,973 units in October 2012.

The company's total exports grew by 25pc with sales increasing from 18,563 units in the month of October 2012 to 23,154 units in October 2013. Two wheeler exports registered a growth of 4pc with sales growing from 16,103 units in October 2012 to 16,750 units in October 2013.

The company witnessed a significant increase in sales of three wheelers with sales growing by 95pc from 4,062 units in October 2012 to 7,926 units in October 2013.

Hyundai domestic sales up by 0.6pc

Hyundai Motor India Ltd (HMIL), the country’s second largest car manufacturer and the largest passenger car exporter registered cumulative sales of 50,212 units for the month of October 2013. The domestic sales accounted for 36,002 units and Exports stood at 14,210 units.

Commenting on October sales, Rakesh Srivastava, Senior Vice President, Sales & Marketing, HMIL said, “In this challenging market environment, sales have increased over last month by 17pc on account of monsoons, festival buying and strong sales of 11,519 units of new model Grand which received an overwhelming customer response making it to the top five volume sellers within 2 months of its launch.”

SMIL records 9.27pc increase in Sales during October 2013 

Suzuki Motorcycle India Ltd., a subsidiary of one of the world’s leading two-wheeler manufacturer Suzuki Motor Corporation, registered a 9.27pc increase in their October 2013 sales figures as compared to October 2012. Suzuki Motorcycle sold 39,562 units in October 2013 as opposed to 36,206 units in October 2012, recording a strong growth in its overall sales. Suzuki Motorcycles has maintained a consistent growth path over the last couple of years. 

Speaking on this strong growth pattern, Atul Gupta, Executive Vice President, SMIL, noted, “We have received a good response from the market for all our products. The growing customer satisfaction has led to positive word-of-mouth in the market. We will continue to give the best to our customers.”

TKM’s sales marginally up at 15,576 units in October 2013

Toyota Kirloskar Motor registered a total sale of 15,576 units in October 2013 as compared to 14,040 units in the corresponding month last year. The company sold 13,162 units in the domestic market and registered a 7pc growth as compared to domestic sales of 12,281 units in October 2012. The company exported 2,414 units of the Etios series last month.

Commenting on the sales in October 2013, Sandeep Singh, Deputy Managing Director and Chief Operating Officer, Marketing and Commercial, TKM said, “October has seen good sales as the festive season has helped us in generating good numbers of enquiries and orders. Sales of all the models including the Innova, Etios, Liva, Fortuner and Corolla Altis have seen a positive growth last month.”

Ford India sales up by 36pc

Ford India sold 14,935 combined domestic wholesales and export vehicles in October, the best month in its history, an increase of 36 pc compared to the same month last year.

Despite persistent market challenges, Ford India’s domestic sales were steady with 9,163 vehicles sold this October, compared to 7,577 units sold last year, an increase of 21 pc. Ford India exported 5,772 vehicles in October this year, adding ten new export markets including Australia, Nicaragua, Honduras and Guatemala. This is an increase of 71 pc compared to 3,371 units exported last October.

HCIL sales up by 39pc in October’13

Honda Cars India Ltd. (HCIL) reported a sales growth of 39pc during October 2013 selling 11,214 units as against 8,085 units sold during the corresponding month in 2012. HCIL registered an overall growth of 63pc in April–October’13 with 70,831 units as against 43,525 units during the corresponding period last year. The company also exported a total volume of 365 units in the month of October 2013.

Commenting on the company’s performance,  Jnaneswar Sen, Sr. Vice-President – Marketing & Sales, Honda Cars India Ltd, said, “Adding to the excitement of this festive season and to offer greater convenience to our customers, HCIL is starting 3^rd shift for production in our Greater Noida plant from this month to reduce waiting period and aid in quick delivery of cars.”