Maruti, Tata Motors & Honda announce solid sales growth in June

Tata Motors reported 63 Maruti Suzuki jumped 45.5% year-over-year in June.

Maruti Suzuki announced a 45.5% jump year-on-year in June against a backdrop of weakness in the base. in June 2017. It will be remembered that a host of companies had destocked volumes before the deployment of the GST in July 2017. A good demand for Maruti models – Swift, Ignis, Baleno, Dzire, Celerio – boosted sales. 19659006] Tata Motors announced a 63% year-on-year growth in pbadenger cars and 50% year-on-year growth in commercial vehicles. Sales in June 2017 were also affected by the transition to Bharat Stage-IV emission standards, which limited the supply of BS-IV vehicles. Domestic sales of commercial vehicles (CVs) increased 50% in June to 38,560 units from 25,660 units in June 2017. "The cumulative growth in domestic CV sales for the quarter (April-June 2018) was of 111,642 units "

Mahindra and Mahindra reported a 12% year-over-year turnover in pbadenger vehicle sales.M & M recorded a robust growth of 87 percent over the same period last year. yoy in its exports Sales of medium and heavy commercial vehicles rose 58% to 1,108 units last month against 700 units in the same period a year ago. "We hope that macroeconomic conditions such as Fuel prices, interest rates and commodity prices will remain satisfactory to enable us, as well as the auto industry, to grow in the coming months, "said Rajan Wadhera. Honda Cars Indi A (HCIL) announced a 37.5 percent increase in its domestic sales to 17,602 units in June due to strong sales of all new Amaze. The company sold 12,804 units in the domestic market in June 2017, HCIL said in a statement on Sunday.

Hyundai Motor India Ltd. (HMIL) said Sunday that its domestic sales increased 21 percent to 45,371 units in June In June 2017, the total business turnover of the first half of the year 2018 s rose to 2.75,136 units, an increase of 8.6% over the same period last year, GRAND i10, New ELITE i20, New 2018 CRETA and Next Gen VERNA, company said in a statement. In the two-wheeler segment, Royal Enfield, Eicher Motors' two-wheelers division, posted 18% growth in total sales to 74,477 units in June. The company had sold 63,160 units in June last year, Royal Enfield said in a statement. – FE & PTI

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