Sunday, January 2, 2011

Automakers post healthy jump in Dec sales

Defying the usual trend of low sales in the last month of a year, major auto makers such as Hyundai, Tata Motors and TVS posted a robust growth in their dispatches during December 2010.
In December, sales are generally low as customers stay away from new purchases to avoid losing out on re-sale when the year of manufacture comes into play.
The country's second largest car maker Hyundai Motor India reported a 17.60 per cent jump in its domestic sales at 26,168 units in last month as against 22,252 units in the same month in 2009.
For the entire 2010 calendar year, the company registered a total sales jump of 7.85 per cent at 6,03,819 units compared to 5,59,880 units in the previous year. This is the first time that its annual sales crossed the 6 lakh units-mark.
Homegrown Tata Motors' passenger vehicles sales in the domestic market in December 2010 stood at 19,706 units, which is a jump of 34.48 per cent from the same month previous year.
Another auto maker Mahindra & Mahindra reported a 41.92 per cent jump in its sales at 34,062 units in December 2010, over the same period previous year.
Car maker General Motors India saw its sales growing by 2.54 per cent to 8,468 units in last month from 8,258 units in the same month of the previous year.
In the entire 2010, it sold a total of 1,10,804 units, compared to 69,579 units a year ago, translating into a growth of 59.25 per cent.
Toyota Kirloskar Motor's sales in December last year grew by 5.47 per cent at 6,359 units. For 2010 calender year, it reported 37.63 per cent jump in its sales at 74,759 units compared to 54,320 units in the previous year.
Ford India saw its sales for 2010 climbing by 184 per cent to 83,887 units from 29,488 units in 2009.
On the two-wheelers front, TVS Motor reported a 41 per cent jump by selling 1,68,359 units in December 2010 as against 1,19,701 units in the same period of the previous year.
Honda Motorcycle & Scooter India (HMSI) posted 20 per cent growth in sales at 1,40,642 units in December 2010, over the same month previous year.
Two-wheeler maker India Yamaha Motor reported a 69.71 per cent increase in its total sales in December 2010 at 34,839 units. For the entire 2010, the company's sales increased by 30.75 per cent to 3,50,264 units from 2,67,895 units in 2009.