Passenger auto manufacturers perform better in March sales
- Author: Carolyn Briggs Apr 02, 2017,
Apr 02, 2017, 17:21
India's largest auto maker Maruti Suzuki posted an 8.1% growth in sales in March as it sold 1,39,763 units as against 1,29,345 vehicles in the same month past year.
French vehicle maker Renault and Tata Motors also registered double-digit growth in FY17 on the back of new offerings. For 2016-17 fiscal, the company posted a 9.8% jump in total sales at 15,68,603 units, against 14,29,248 vehicles in 2015-16. Sales of compact sedan Dzire Tour declined 63.1% during the month under review at 1,166 units as against 3,161 units in March 2016.
In the two-wheelers segment, Royal Enfield sold 58,549 units in March, up 17 per cent as compared with 50,059 units same month previous year.
For the month of March 2017, Maruti's utility vehicles segment which includes the likes of its current hot seller, the Vitara Brezza, registered a growth of 31.8 percent, clocking 18,311 units as opposed to 13,894 units for the same month a year ago.
Similarly second largest company in the passenger cars segment, Hyundai Motor India recorded around 9 per cent growth to 44,757 units during the month, as against 41,201 units in March 2016. "We continue to see healthy orders for Brezza, Baleno and Ignis, and our effort is to improve their availability to minimise waiting time for customers", RS Kalsi, Executive Director (Sales and Marketing), Maruti Suzuki India, said.
"We are delighted by the progress and the acceptance of our products and services by our customers", Nissan India Operations President Guillaume Sicard said. The export sales were 124,062 units.
And, Maruti's Super Carry, its entry model into the LCV segment, sold a total of 900 units, indicating that the commercial vehicle sector is yet to show its fondness for a different type of Maruti.
In the two wheeler segment, India Yamaha Motor reported a 27 per cent increase in domestic sales at 76,144 units in March. Its total UV sales (Gypsy, Ertiga, S-Cross, Vitara Brezza) rose 31.8 percent YoY to 18,311 units (March 2016: 13,894). Sales of passenger vehicles in the domestic market grew 84% to 15,433 units last month on the back of robust sales of hatchback Tiago. The company's domestic sales rose 10.7 per cent to 14,44,541 units during the last fiscal compared with 13,05,351 in the previous financial year. Honda Cars India Ltd (HCIL) reported an 8.7 per cent increase in domestic sales at 18,950 units in March.
In the first quarter of 2017, total sales were at 63,117 vehicles compared to 51,338 units in the first quarter a year ago, up 22.94%, Ford India said.