April Car sales report in Indian auto market
Rising prices, extended ban on vehicles above 2,000 cc in the Capital and deficient rainfall across the country did not deter passenger sales in April...
Rising prices, extended ban on vehicles above 2,000 cc in the Capital and deficient rainfall across the country did not deter passenger sales in April 2016.
Top players Maruti Suzuki, Hyundai and Mahindra saw a steep increase in sales during the past month while Renault and Ford also experienced a notable rise in sales volumes.
Toyota and Honda on the other had did not see such promising results as growth dipped 30.8% and 17% respectively. Toyota sales dipped following the ban on registration of vehicles above 2,000cc in Delhi NCR while Honda sales suffered as buyers preferences inclined more towards petrol vehicles.
Maruti Suzuki India Limited registered growth of 13.3%. 126,569 units were sold in April 2016 as compared to 111,748 units sold in April 2016. It was the Baleno hatchback that was more in demand while the new Brezza launched in March 2016 added to sales.
Reporting growth to the extent of 211% was Renault India. Sales during April 2016 stood at 12,426 units as against 4,001 units sold in April 2015. Renault Kwid hatchback was more in demand adding to the company coffers ever since it was launched.
Hyundai Motors sold 42,351 units in April 2016 registering growth of 9.7% during the month as against 38,601 units sold in April 2015.Hyundai Creta was a popular choice among buyers along with the Hyundai Elite i20 and Grand i10.
Mahindra sales in April 2015 stood at 22,655 units registering growth of 16.4% as against sales of 19,464 units in April 2015 with both Nuvosport and KUV100 doing well in India.
Honda Cars, Volkswagen, Nissan and GM along with Skoda, HM, Fiat and Force suffered reduced sales during April 2016 while Honda Cars expects to gain ground in the months ahead with the new Honda BR-V compact SUV recently launched.
This article has first appeared in Rushlane.com