Business

Maruti, Honda, Ford July sales up; Tata Motors, Mahindra struggle

August 02, 2013 09:59 AM

EW DELHI, AUGUST 2: Car makers Maruti Suzuki, Honda and Ford reported increase in July sales, while others including Tata Motors, Mahindra & Mahindra, Toyota and General Motors continued to struggle.

Maruti Suzuki India (MSI) managed to grow on the back of increased sales of its mini segment cars, including M800, Alto, A-Star and WagonR, and compact sedan Dzire. 

Honda Cars India Ltd (HCIL) rode on the success of its new entry level sedan Amaze.  Ford India posted its best ever monthly sales, courtesy its new compact SUV EcoSport. 

MSI said its domestic sales grew by 5.8 per cent during the month to 75,145 units, from 71,024 units in July last year. The mini segment car sales grew by 15.8 per cent to 33,587 units, and Dzire, 33.6 per cent at 15,249 units. 

HCIL reported over two and half-fold increase in its domestic sales for July 2013 at 11,223 units. 

"Honda Amaze has clocked its highest monthly sales of 6,515 units during July 2013 and is maintaining very good growth momentum having sold more than 24,000 units sold since its launch," HCIL senior vice-president (Marketing and Sales) Jnaneswar Sen said. 

Ford India also had a memorable month with its domestic sales going up by 26.15 per cent to 7,867 units in July this year, as against 6,236 units in the same month last year. 

Ford India executive director, (marketing, sales and service) Vinay Piparsania said, "despite the near-term difficulty in the economy, our customers have put their trust in the urban SUV EcoSport and with the Figo ranking as the best premium compact car in the prestigious JD Power India vehicle dependability study 2013, we are delighted to achieve the highest-ever sales in our history this month." 

Renault India also reported two-fold increase in sales in July at 3,763 units from 1,776 units in the same period of previous year. 

Other car makers, however, continued to struggle in a market which has been on a prolonged slump due to weak economic growth, rising fuel costs and low consumer sentiment. 

Homegrown auto major Tata Motors' total passenger vehicle sales in the domestic market stood at 10,824 units in July, down 58.75 per cent from 26,240 units a year-ago. 

Likewise, Mahindra & Mahindra's domestic sales were down 19.41 per cent at 34,490 units as against 42,799 units in the same month last year.

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Readers' Opinions
Bonnie/canada 8/2/2013 12:56:37 AM

Pickups and services provided are highly good

Nitish/Canada 8/2/2013 11:03:50 AM

Yep i love all cars!!

Bonnie/canada 8/3/2013 12:55:13 AM

Such a hike in sale is turning them into profits

Dimple/Chandigarh 8/3/2013 11:40:25 AM

Profit at sales as well as money

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