Domestic car sales showed their upward trend for the third consecutive month with April sales registering 4.20 per cent growth after prolonged decline that started in the second half of 2008.
According to the Society of Indian Automobile Manufacturers (SIAM), domestic passenger car sales in April went up to 1,02,899 units from 98,752 units in the same month last year, but it is too early to predict a recovery for the segment.
Total two-wheeler sales in April also surged by 13.71 per cent to 7,00,995 units compared with 6,16,468 units in the same period last year. Bike sales, during the same month, was up 12.11 per cent at 5,62,357 units as against 5,01,592 units in the corresponding month a year ago, SIAM said.
According to the Society of Indian Automobile Manufacturers (SIAM), domestic passenger car sales in April went up to 1,02,899 units from 98,752 units in the same month last year, but it is too early to predict a recovery for the segment.
Total two-wheeler sales in April also surged by 13.71 per cent to 7,00,995 units compared with 6,16,468 units in the same period last year. Bike sales, during the same month, was up 12.11 per cent at 5,62,357 units as against 5,01,592 units in the corresponding month a year ago, SIAM said.
n the passenger car segment during April, sales of car market leader Maruti Suzuki India increased by 8.61 per cent to 56,221 units compared to 51,766 units in the same month last year, SIAM said.
Hyundai Motor India Ltd also registered a growth rate of 3.49 per cent at 22,241 units as against 21,492 units a year ago.
Tata Motors' sales were marginally up at 11,202 units, while the same stood at 11,193 units in April last year.
In the motorcycle segment, market leader Hero Honda registered a 25.87 per cent surge with total sales of 3,48,132 units in April compared to 2,76,580 units in the year-ago period.
Rival Bajaj Auto's sales, however, plummeted by 22.88 per cent at 1,06,516 units as against 1,38,117 units in the corresponding month last year, SIAM said.
Chennai-based TVS Motor Co too registered a fall of 10.06 per cent in sales at 44,238 units as against 49,186 units.
Honda Motorcycle & Scooter India, however, saw its bike sales rising by 93.55 per cent at 39,136 units compared to 20,220 units in the year-ago period.
Hyundai Motor India Ltd also registered a growth rate of 3.49 per cent at 22,241 units as against 21,492 units a year ago.
Tata Motors' sales were marginally up at 11,202 units, while the same stood at 11,193 units in April last year.
In the motorcycle segment, market leader Hero Honda registered a 25.87 per cent surge with total sales of 3,48,132 units in April compared to 2,76,580 units in the year-ago period.
Rival Bajaj Auto's sales, however, plummeted by 22.88 per cent at 1,06,516 units as against 1,38,117 units in the corresponding month last year, SIAM said.
Chennai-based TVS Motor Co too registered a fall of 10.06 per cent in sales at 44,238 units as against 49,186 units.
Honda Motorcycle & Scooter India, however, saw its bike sales rising by 93.55 per cent at 39,136 units compared to 20,220 units in the year-ago period.
Comments