Automobile manufacturers witnessed mixed sales response during the month of November this year. Few companies like Maruti Suzuki, Mahindra and Mahindra and Honda saw growth in car sales. Tata Motors, Hyundai and Toyota Kirloskar and Ford encountered decline in their domestic sales.
Maruti Suzuki which holds a big share in Indian auto market has sold 90,882 units of vehicles in Indian market. The car sales figure for this year has seen a growth of 9.67 percent when compared to sales during same month of previous year. While sales of mini cars and other models have reduced, Swift Dzire and compact hatchback cars from Maruti Suzuki have made it good for the company for November month.
Sales of cars from Tata Motors have declined by about 35 percent during November month. Popular hatchback, Tata Nano sold 3503 units in the month of November 2012, compared to 6401 units which were sold in the previous year. Large size SUVs and MUVs saw an increase in sales by 296 units.
Hyundai Motors, which stands in second position when it comes to market share in Indian passenger car segment, saw a small drop in sales curve during the November in comparison with corresponding period during previous year. The small cars from the South Korean auto manufacturer have seen increase in sales since past few months. Hyundai Eon is turning into a tough competitor for other mini cars in India.
Honda which holds small share in car market of India was successful in selling 3711 cars during November month. When these figures are compared to numbers from previous year, 87% increase is seen, thanks to its Brio and City models. Mahindra and Mahindra with its utility vehicles and the new sedan Verito managed to sell 24604 units of cars in the month of November. The company sold 17813 units in same month of 2011.
Toyota Kirloskar and Ford India have also seen reduction in sales of passenger cars during November. Ford India sold 5944 cars during November when compared to 8322 units during same month of previous year. The company however has increased its export volume by over 200 percent which has increased its overall sales volume marginally. Toyota Kirloskar on the other hand saw a 26 percent decline in sales for the month of November. The company shut down one of its plants to increase production volume from 2.1 lakh units to 3.1 lakh units for the year 2013. Toyota claims this as one of the reasons for drop in sales.