Car Sales Climb 23 Per Cent In June

Font Size

Print

Feedback

Email

Discuss

• Discount UK Shopping

New Delhi, July 15: : Car sales surged by a robust 23 per cent in June, buoyed by a jump in sales of auto majors including Maruti Udyog, Hyundai Motor and Tata Engineering.

Total sales went up to 52,029 units from 42,331 units in the same month of last year, according to data released by the Society of Indian Automobile Manufacturers (Siam).

Cumulative (April-June 2003) sales also grew by 30.5 per cent to 1,49,701units over 1,14,676 units sold in the year-ago period.

Following an eight per cent excise duty reduction to 24 per cent in the budget, car sales received a major boost and have been witnessing a steady rise. Bus and truck sales rose by 25 per cent to 18,330 units as both light and heavy vehicles clocked higher sales. The commercial vehicle segment posted a 19.7 per cent rise to 46,899 units during the first three months of this fiscal against 39,179 units during the corresponding period of last year. Two-wheelers registered a 6.35 per cent jump to 4,19,396 units as motorcycle sales slowed down and scooter sales went up, while mopeds skidded.

Motorcycle sales went up by a modest 8.86 per cent to 3,23,873 units (2,97,504 units), while scooters reversed by posting a 6.30 per cent rise at 68,801 units (64,718 units).

Moped sales dived by 16.7 per cent to 26,722 units (32,102 units).

Utility-vehicle sales grew by a healthy 28.6 per cent to 10,751 units in June this year as major players like Mahindra & Mahindra (M&M), Tata Engineering and Toyota Kirloskar posted growing sales. Multi-purpose-vehicles drove northward by witnessing a 13.3 per cent rise to 4,558 units (4,022 units). Sales of three-wheelers went up by 14.3 per cent to 20,185 units (17,645 units).

Market leader Maruti Udyog posted a 34.5 per cent rise to 24,540 units, while sales of the second largest auto maker Hyundai Motor India jumped by 40 per cent to 11,941 units.

Sales of Tata Engineering’s compact car Indica and mid-size car Indigo surged by 23.8 per cent to 8,735 units.

Honda Siel Cars India clocked an 11.1 per cent rise to 1,208 units. The Indian subsidiary of the world’s largest car maker, General Motors India, which recently upped the ante by venturing into volume-driven segments, saw a 74.9 per cent rise to 1,067 units. A relatively new entrant, Toyota Kirloskar, sold 777 units, while luxury car maker DaimlerChrysler registered a 235.5 per cent jump to 151 units.