Car Sales Up In April, Two-Wheelers Dip

Updated: May 18 2003, 05:30am hrs
Cheered by car makers like Maruti Udyog, Hyundai Motor and Tata Engineering, domestic car sales surged by a robust 28 per cent in April 2003, while customers reaped the benefits of an 8 per cent excise duty cut in the budget.

A total of 42,506 cars were sold against 33,195 units in April last year, according to data released by the Society of Indian Automobile Manufacturers (SIAM).

Two-wheeler sales, however, dipped marginally by 0.8 per cent to 3,79,166 units as skidding scooter and mopeds sales offset the growth registered by motorcycle sales. Sales of motorcycles and step-thrus soared by a whopping 96.9 per cent to 3,03,792 units, while scooters and scooterettes received a jolt of 20.3 per cent to 55,536 units in April.

Indias largest carmaker, Maruti Udyog, posted a 37.4 per cent increase in sales to 21,373 units in April 2003. Sales of the second largest car maker, Hyundai Motor, grew by 26.5 per cent to 9,050 units, while that of Tata Engineering grew by a massive 256.7 per cent to 6,533 units.

Honda Siel Cars posted a 65.8 per cent rise at 1,277 units, but sales of Ford India fell by 23.3 per cent to 1,022 units in April this year. Birla Group company Hindustan Motors recorded a 31.3 per cent dip at 1,020 cars in the month under consideration, while that of the subsidiary of Italian car maker Fiat Spa went down by 82.4 per cent to 739 units.

General Motors India posted a 3.36 per cent decline to 776 units, while Toyota Kirloskar sold 653 units of the recently rolled out Camry and Corolla cars. Sales of US-German car major DaimlerChrysler slipped by 11.7 per cent to 60 cars in the month under review.

Car sales increased in March after a dip in February.