Auto sales increase in June, thanks to new car launches, weak base due to GST



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  Domestic sales of Maruti Suzuki, the market leader in pbadenger cars (excluding vans and commercial vehicles), rose 45.32% last month. Photo: Reuters

Last month, Maruti Suzuki, the leader in the pbadenger car market (excluding vans and commercial vehicles), gained 45.32%. Photo: Reuters

Mumbai: In June, number of new model launches and the low base level of the previous year have allowed the brand to progress further: the top five Indian automakers, Maruti Suzuki India Ltd., Hyundai Motor India Ltd., Tata Motors Ltd., Mahindra and Mahindra Ltd and Toyota. Kirloskar Motor Pvt Ltd collectively sold 216,660 units during the month, up 43.7% from 150,772 units sold a year ago

Car manufacturers in India consider shipments to dealers as sales . The tax system (TPS), put in place on July 1, slowed shipments from May.

The launch of new models by four of the five automakers also resulted in increased sales. Pbadenger car Maruti Suzuki's domestic sales (excluding pick-up trucks and commercial vehicles) climbed 45.32% to 121,851 units last June, with the compact car segment up 76.7% to 71,570 units.

The car manufacturer Suzuki Motor Corp. continues to face strong demand for the new-generation compact sedan Swift, Baleno and the Dzire compact sedan in this segment

The commercial vehicle segment, including the top-selling Vitara Brezza and S-Cross models, contributed with a 39.2% increase in sales to 19,321 units during June last year. An automatic transmission version of the Brezza was launched in May

. Older workers Alto and WagonR also contributed with a 15.1% increase in sales, a change from the declines in April and May. Sales of the Ciaz sedan continued to slow, falling 60% in the month.

Hyundai Motor India recorded 45,371 sales in June, up 20.8% over the same period of the previous year. of the compact SUV Creta launched in May, and the demand continues for other models such as the Grand i10 sedans and Elite i20 and Verna sedan, according to Rakesh Srivastava, director of sales and marketing of the firm.

Sales increased by 18,213 units in June, driven by continued demand for its four new vehicles: the Tiago sedan, the Tigor sedan, the Nexon SUV compact and the Hexa bodywork SUV, Mayank said. Pareek, president of the Vehicles division

Tata Motors saw Tiago and Tigor's combined production rise to 200,000 units in June at its Sanand plant, Pareek added.

The manufacturer of the robust Bolero SUV, Mahindra and Mahindra, recorded an 11.9% sales increase to 18,137 units in the month of. Rajan Wadhera, president of the firm's automotive sector, "hopes that macroeconomic conditions (such as fuel prices, interest rates and commodity prices remain at satisfactory levels) in the coming months to stimulate Analysts estimate retail sales, particularly in non-urban areas, slowed in June, breaking with a dominant trend since the quarter ended December

Mon, 02 Jul 2018. 05 50 PM IST
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