Follow Us:
Tuesday, May 26, 2020

Maruti reports 24% dip in sales; Ashok Leyland sales dips 55%; Bajaj sales 20% down

Maruti's domestic sales declined by 26.7 per cent at 1,12,500 units last month as against 1,53,550 units in September 2018, it added. Bajaj Auto reported a 20 per cent fall in total sales at 4,02,035 units in September.

By: PTI | New Delhi | Updated: October 1, 2019 2:05:45 pm
Maruti reports 24% dip in sales at 1,22,640 units in September The company had sold 1,62,290 units in September last year, MSI said in a statement.

The country’s largest carmaker Maruti Suzuki India (MSI) on Tuesday reported a 24.4 per cent decline in sales at 1,22,640 units in September. The company had sold 1,62,290 units in September last year, MSI said in a statement.

Domestic sales declined by 26.7 per cent at 1,12,500 units last month as against 1,53,550 units in September 2018, it added.

Sales of mini cars comprising Alto and WagonR stood at 20,085 units as compared to 34,971 units in the same month last year, down 42.6 per cent.

Sales of compact segment, including models such as Swift, Celerio, Ignis, Baleno and Dzire, fell 22.7 per cent at 57,179 units as against 74,011 cars in September last year.

Mid-sized sedan Ciaz sold 1,715 units as compared to 6,246 units earlier.

Explained: Car sales down, what does this mean for the economy?

Similarly, sales of utility vehicles, including Vitara Brezza, S-Cross and Ertiga, declined marginally at 21,526 units as compared to 21,639 in the year-ago month, MSI said.

Exports in September were down by 17.8 per cent at 7,188 units as against 8,740 units in the corresponding month last year, the company said.

M&M tractor sales down 2% at 37,011 units in Sept; exports fall 41%

Mahindra & Mahindra (M&M) on Tuesday reported a 2 per cent decline in total tractor sales at 37,011 units in September. The company had sold 37,581 units in the same month last year, M&M said in a regulatory filing.
Sales of tractors in the domestic market was marginally up at 36,046 units as compared to 35,953 units in the year-ago month, it added.

However, exports declined 41 per cent at 965 units as compared to 1,628 units in September 2018, the company said.

Commenting on the sales performance, M&M President – Farm Equipment Sector Rajesh Jejurikar said,”good monsoons, reservoir levels and crop prices are all positives going into the festive season. The recent disruption caused by heavy rains has had an impact on short-term demand.”

He, however, added,”we believe that the fundamentals are in place for improved momentum over the coming months.”

Ashok Leyland sales dips 55% in Sep at 8,780 units

Hinduja Group’s flagship firm Ashok Leyland on Tuesday reported 55 per cent decline in its total commercial vehicle sales at 8,780 units in September.

The company had sold a total of 19,374 units in the same month last year, Ashok Leyland said in a regulatory filing.

Total commercial vehicle sales in the domestic market stood at 7,851 units as against 18,078 units in September last year, down 56.57 per cent, it said.

Ashok Leyland said sales of medium and heavy commercial vehicles in the domestic market declined 69 per cent to 4,035 units as compared to 13,056 units in the same month last year.

Light commercial vehicle sales in domestic market stood at 3,816 units as against 5,022 units in September last year, down 24 per cent, it added.

Bajaj Auto total sales down 20% in September

Bajaj Auto on Tuesday reported a 20 per cent fall in total sales at 4,02,035 units in September.

The company had sold 5,02,009 units in the same month a year ago. Domestic sales in September this year stood at 2,15,501 units as against 3,11,503 units, down 31 per cent, Bajaj Auto said in a regulatory filing.

Total motorcycle sales stood at 3,36,730 units, showing a decline of 22 per cent as compared to 4,30,939 units sold in August last year. Total commercial vehicle sales were at 65,305 units as against 71,070 units in the same month last year, down 8 per cent, the company said. Exports in September declined 2 per cent to 1,86,534 units as against 1,90,506 units exported in the corresponding month last year, it added.

📣 The Indian Express is now on Telegram. Click here to join our channel (@indianexpress) and stay updated with the latest headlines

For all the latest Auto & Travel News, download Indian Express App.

Advertisement
Advertisement
Advertisement
Advertisement