Indias third-largest carmaker Tata Motors recorded a 3 per cent dip in overall sales in June,led by a 22 per cent fall in Indica and Indigo sales. While Indica sales were 35 per cent less,Indigo sales were down 46 per cent. However,Nano sales were 3 per cent higher,while there was a 5 per cent rise in the sales of Sumo,Safari,Aria and Venture. Figures for Maruti Suzuki and Hyundai Motors are expected to be released Monday.
Tata Motors commercial vehicle sales rose 4 per cent at 41,026 units while Eicher Trucks and Buses saw sales rising 9 per cent,mostly driven by the sale of 1,114 units of buses. Demand for light commercial vehicles also grew 22 per cent for the auto major.
With the petrol-diesel price difference widening to Rs 30,diesel car makers fared better in June,with Mahindra & Mahindra (M&M) selling 16 per cent more at 41,322 units. The passenger vehicles segment grew 23 per cent at 19,792 units.
M&M chief executive (automotive division) Pravin Shah said,We expect demand for utility vehicles industry to continue during the current financial year. Our opinion is to not make any major changes in policies including fuel prices to create an overall positive sentiment.