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Maruti Suzuki sales cross 100,000 units in May
Country's largest car maker Maruti Suzuki India reported on Tuesday its highest monthly sales ever at 102,175 units in May, registering a 28 per cent jump from same period last year.
For the first time the company has crossed 100,000 units in monthly sales, Maruti Suzuki India said in a statement.
Sales for the same month last year were at 79,872 units.
"This is the highest-ever monthly sales for the company. We are trying to beat the usual cycle of low-selling months in the period following the Union budget and before the advent of the monsoon," MSI executive officer (marketing and sales) Mayank Pareek told PTI.
He said April to June is usually associated with low sales growth and demand picks up only with the start of the festive season in September-October.
May sales have bettered the company's previous record of 96,650 units in February this year.
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Car, bike sales jump in May
SI posted its best figure so far for domestic sales at 90,041 units, a 27.20 per cent increase from 70,785 units in May 2009.
Pareek said big cities contributed substantially to sales in May.
"Earlier sales in the top cities usually used to be less. However, in May, the big towns contributed very robustly with the top ten cities registering growth of 25-26 per cent in sales," he said.
Rural markets saw an increase of 16-17 per cent in monthly sales in May, Pareek added.
"There has been a renewal of buying among the city people. The end of recession has made the big companies start their hiring process once again and so money has come into the hands of the customers who are now buying cars," Pareek said.
MSI's exports in May surged by 33.53 per cent to 12,134 units from 9,087 units in the year-ago period, the company added.
In a reversal of the trend for the past several months, sales of the company's once bread-and-butter model M800 rose 9.50 per cent to 2,558 units compared to 2,336 units in May 2009, the statement said.
Sales of the iconic model has been falling since quite some time.
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Car, bike sales jump in May
The A2 segment (comprising Alto, WagonR, Estilo, Swift, A-Star and Ritz) witnessed 16.60 per cent growth, its best ever for a month, at 62,679 units compared to 53,760 units in the same month a year ago.
Pareek said the company's best-selling model Alto registered its highest ever monthly sales in May with deliveries crossing 25,000 units.
A3 segment sales (consisting of SX4 and DZiRE) increased by 60.47 per cent to 10,883 units compared to 6,782 units in the corresponding period a year ago, the company said.
MSI's total passenger car sales rose 26.35 per cent at 89,073 in May against 70,497 units in the same month in 2009, it added.
Asked about the prospect in the coming months, Pareek said: "There is still some concern over the coming monsoon.
Last year, the monsoon was a spoiler but this year we expect it to be normal. A lot would depend on the monsoon."
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Car, bike sales jump in May
Hyundai's domestic sales up 16%
The country's second largest carmaker, Hyundai Motor India reported an increase of 15.52 per cent in domestic sales for May at 27,151 units.
The company had sold 23,503 units in the domestic market in May 2009, Hyundai Motor India Ltd said in a statement.
Total sales in May increased 7.30 per cent to 46,808 units from 43,624 units in the same month last year.
HMIL, which is also the country's largest car exporter, however, saw its exports slide by 2.31 per cent in the month.
The company sold 19,657 units in overseas markets in May compared to 20,121 units in the year-ago period.
"Although the market continues to grow, we were constrained by our planned annual maintenance shutdown (at the Chennai plants) this month which restricted our numbers as we had to divert our export production to meet the demand for the domestic market," HMIL director (marketing and sales) Arvind Saxena said.
He said the demand for the company's i20 model has continued to grow by around 35 per cent monthly.
In the A2 segment (Santro, i10, i20 and Getz Prime), the company sold 42,460 units in May, while in the A3 segment (Accent and Verna) sales were at 4,310 units.
In the A4 segment (Elantra), the company sold one unit last month. The A5 segment (Sonata Transform) of HMIL witnessed sales of 37 units, while its SUV Tucson had no buyers in May.
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Car, bike sales jump in May
Hero Honda sales jump 14%
Country's largest two-wheeler maker Hero Honda reported its highest monthly sales ever at 435,933 units in May, registering 13.92 per cent increase over the same month last year.
In a statement, Hero Honda said that it had sold 382,678 units in May last year.
The previous highest monthly sales record at 415,137 units was set in August 2009, the statement said.
Besides, for the 17th consecutive time, the company recorded more than three lakh dispatch sales in a single month.
"The 14 per cent growth in May is very satisfying, coming as it does over the high base of our sales last year. We have had significant contribution from all segments resulting in this achievement," Hero Honda Motors senior vice-president (marketing and sales) Anil Dua said.
The company's scooter 'Pleasure' recorded sales of over 24,000 units last month, he added.
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Car, bike sales jump in May
TVS Motor's sales up 30%
Chennai-based TVS Motor Company reported a 30.44 per cent increase in two-wheeler sales in May to 154,667 units on the back of good growth across all segments.
The company had sold 118,574 units in the corresponding month last year, TVS Motor Company said in a statement.
Motorcycle sales last month rose 26.94 per cent to 67,906 units from 53,495 units in the year-ago period, it added.
Two-wheeler sales in the domestic market in May stood at 136,621 units, up 27.16 per cent, over 107,439 units in the same month in 2009.
The company said its exports in May surged 62.07 per cent to 18,046 units against 11,135 units in May 2009.
Three-wheeler sales soared over three-fold to 2,313 units in May from 707 units in the same month of last year, the company added.