Maruti, Hyundai lead auto sales recovery in Junehttps://indianexpress.com/article/business/business-others/maruti-hyundai-lead-auto-sales-recovery-in-june/

Maruti, Hyundai lead auto sales recovery in June

Upswing not visible in GM India & Tata Motors sales.

In an indication of a possible rebound in India’s automobile industry, nine of the country’s top passenger vehicle manufacturers who released their sales data on Tuesday posted an 18 per cent increase in the combined sales volume of 2,04,287 units in June as compared to 1,73,624 units sold in the corresponding month last year.

Leading the charts was market leader Maruti Suzuki, which saw strong turnaround in demand across vehicle categories. The company registered a 31 per cent increase in sales during the month to 1,00,964 units as against 77,002 units in June 2013.

While sales of small cars Alto and WagonR went up by 52.1 per cent to 47,618 units, demand also improved for more premium models. Sales of Swift, Ritz, Celerio increased by 6.2 per cent (to 22293 units), sedan DZire by 27.4 per cent (15,990 units), utility vehicles Ertiga and Grand Vitara by 0.1 per cent (5003 units) and vans Eeco and Omni by 42.5 per cent (to 9,738 units).

New launches contributed to increased sales for Hyundai, Honda Cars and Toyota Kirloskar. Sales of Hyundai went up by 9.5 per cent to 33,514 units in the domestic market. The new Honda City sold 7,723 units, and along with the Amaze, ensured a 75 per cent surge in the company’s volumes. For Toyota, the newly launched Corolla Altis and Etios Cross accounted for 1548 units of the total of 12101 vehicles sold by the company last month.

The upswing, however, wasn’t visible in the sales of General Motors India which reported 21.33 per cent decline in domestic sales at 5,172 units last month as against 6,575 units a year earlier.

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Likewise, Tata Motors also saw its domestic sales decline by 29 per cent in June at 34,743 units as compared to 48,716 units in the same month of last year.