Auto makers post double digit sales growth in November

Various factors, including robust demand in rural markets and good response to new models, helped in driving the sales, the companies said. The country’s largest car maker Maruti Suzuki India (MSI) said its domestic sales were at 1,45,300 units, up 15 per cent from 1,26,325 in November last year.

The sales were mainly driven by compact segment comprising Swift, Dzire and Baleno, which jumped by 32.4 per cent to 65,447 units last month.

Utility vehicle sales, including Gypsy, Grand Vitara, Ertiga, S-Cross and compact SUV Vitara Brezza, increased by 34 per cent to 23,072 units in November from 17,215 in the same month of 2016, MSI added.

However, mini segment cars, including Alto and WagonR, witnessed a 1.8 per cent decline to 38,204 units during the month under review, from 38,886 in October 2016, the automaker said.

Rival, Hyundai Motor India Ltd (HMIL) reported a 10 per cent increase in domestic sales at 44,008 units in November.

HMIL Director (Sales and Marketing) Rakesh Srivastava said growth during the last month has been achieved due to the strong performance of the next generation Verna along with Grand i10, Elite i20 and Creta.

Ford posted sales increase of 13.1 per cent at 7,777 units in the domestic market in November, driven mainly by recently-introduced new edition of compact SUV Ford EcoSport. Royal Enfield, the two-wheeler division of Eicher Motors, said its domestic sales were at 67,776 units in November as against 55,843 units in the year-ago month, up 21 per cent.

TVS Motor Company registered a sales growth of 12% increasing from 224,971 units in November 2016 to 251,965 units in the month of November 2017.

Total two-wheeler registered growth of 11.1% with sales increasing from 219,088 units in November 2016 to 243,323 units in November 2017. Domestic two-wheelers recorded growth of 6.1% with sales increasing from 191,499 units in November 2016 to 203,138 units in November 2017.

Scooter sales of the Company grew by 7.2% from 73,135 units in November 2016 to 78,397 units in November 2017.

Motorcycles sales grew by 37.3% with sales increasing from 67,896 units in November 2016 to 93,202 units in November 2017.

Commercial vehicle major Ashok Leyland Ltd has logged 51 per cent growth in sales volume in November, as compared to units sold in the same month in 2016. In a statement issued here, the company said it sold 14,460 units in November up from 9,574 units sold in corresponding month in 2016.