Market leader Maruti Suzuki reported 5.2% year-on-year fall in domestic volumes driven by an 11% year-on-year fall in the mini segment and a 14.1% year-on-year fall in the super compact segment. This was partially offset by 9.3% higher volumes in the compact segment which was owing to successful launch of the Celerio model.
UVs and vans showed muted growths of just 0.2% year-on-year and 2.6% year-on-year respectively. Exports continued to be weak for Maruti Suzuki.
Mahindra & Mahindra saw a relatively lower fall in its UV fleet at 9.3% year-on-year (which happens to be its best performance in past 10 months); while Tata Motors reported a 16.4% fall in its UV sales. The car portfolio of Tata Motors was up by 9.6%, which was the company’s second consecutive month of year-on-year growth after 20 consecutive months of decline.