Powered by their small cars, the two American car makers, Ford India and General Motors India, have logged triple digit sales growth in June, compared to the same month in 2009.While Ford India’s sales went up by 267 percent at 7,269 units, compared to 1,982 units sold in June 2009, General Motors sold 9,539 units, an increase of 112 percent over 4,492 units it sold in June last year.
With a wider product portfolio, General Motors’ June sales comprised Beat (3,415 units), Spark (2,911 units), Cruze (773 units), Tavera (1,423 units), Aveo (398 units), Aveo U-VA (387 units), Captiva (139 units) and 93 units of Optra.On the other hand, Asian majors Maruti Suzuki, Hyundai Motor India and Tata Motors logged handsome growth but in double digits owing to their large base numbers compared to the two American companies.
Hyundai Motor India reported an overall, including exports, two percent fall in sales. On the domestic sales front, the company has logged 18.9 percent growth, selling 27,366 units last month.Exports declined 22.1 percent at 18,888 units from 24,250 units in June last year.“The domestic market continues to show a steady growth but the exports have slowed down especially in the EU countries in the absence of any fresh incentives from the respective governments there,” said Arvind Saxena, Director (Marketing and Sales).
The segment-wise cumulative sales for last month for Hyundai Motor are as follows: A2 segment (Santro, i10, Getz and i20) 42,099 units; A3 Segment (Accent, Verna) 4,137 units; A5 segment (Sonata Transform) 18 units.
The home grown Tata Motors’ passenger vehicles business reported a total sale and distribution offtake of 29,948 units (27,811 Tata and 2,137 Fiat) in the domestic market in June 2010, a 53 percent increase compared to 19,513 units (17,039 Tata and 2,474 Fiat) in the corresponding month last year.
The company sold 7,704 units of Nano. Sales of Indica range stood at 9,003 units showing 12 percent dip over 2009 June figures. The Indigo range recorded sales of 7,502 units, a growth of 113 percent over June last year. The Sumo/Safari range logged 9 percent sales growth last month selling 3,602 units.
Friday, July 2, 2010
US car companies lead by percentage, Asians by volume
Industry Research Reports
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