Passenger vehicle sales move downhill in June

The story is not much different even on a year-on-year YoY comparison for auto majors,such as Tata Motors and Hyundai. While Tata Motors recorded a 22 per cent fall in passenger car sales,Hyundai remained flat,clocking only 0.15 per cent growth compared to June 2011 figures.

On YoY basis,Maruti,however,managed to beat the trend,posting a 20 per cent spurt in sales over June 2011,primarily due to a low base effect,since around this time last year its production was crippled by a 11-day strike at its Manesar plant. Mamp;M and Toyota,on a YoY basis,clocked 23 per cent and 22 per cent growth,respectively. Mamp;M sold 19,792 units in June this year 16,053 units in June 2011,while Toyota sold 14,700 units 12,034 units.

Bumpy Ride

Company June12 May12 M-o-M June 11 Y-o-Y

Maruti Suzuki 83,531 89,478 -6.6 70,020 19.30

Hyundai Motor 30,450 32,010 -4.87 30,402 0.15

Tata Motors 17,244 20,503 -15 21,994 -22

Mamp;M 19,792 21,154 -6.4 16,053 23

Toyota 14700 15,501 -5.1 12,034 22

Hero Motocorp 5,34,091 5,56,644 -4 5,12,244 4.20