HML Oct Sales Rev Up 27 PC

Chennai, New Delhi, Mumbai, Nov 3: | Updated: Nov 4 2003, 05:30am hrs
Hyundai Motor India (HML) has witnessed a 27 per cent growth in its October sales touching 13,297 units. Domestic sales grew by 22.5 per cent to reach 11,334 units (9,250 units). Exports grew by 65.4 per cent and was at 1963 units (1187 units).

Santro sales grew by 28.8 per cent to 10,618 units, while that of Accent grew 24.6 per cent to 2548 units. Sonata sales dipped by 33 units, to 117 units, while the recently launched Terracan stood at 14 units with a backlog of 100 units.

The monthly average domestic sales of Santro has zoomed to around 9000 units a month, after the launch of Santro Xing, a growth of 32 per cent, over last years monthly average sales. The Accent CRDi and Viva have pushed its monthly average domestic sales by 21 per cent, to 2022.

MUL Sales Up 35.2%
Maruti Udyog Ltd has reported a 35.2 per cent increase in sales during the month of October 2003 over the corresponding figure in October last year. The company sold 38,715 vehicles during the month which included export of 5,260 vehicles. The company had sold 28,630 vehicle units in October 2002.

A company release said, The strike at our vendor, DCM Engineering, which supplies the bulk of our requirement of an important engine component, was called off during the month. Marutis volume in the domestic A2 segment grew by about 41 per cent, in the A1 segment by 7.3 per cent and in C segment by over 45 per cent during the month compared to sales in October 2002.

Yamaha Motor Sales Up 23%
Yamaha Motor India has reported a 23 per cent jump in October sales to 40,296 units, up from 32,792 units sold in October 2002. Sequentially, sales in October 2003 grew by 16 per cent over September 2003. Yamaha has attributed the growth in sales to its two models - Crux and Libero. Over the past few months, Yamahas king size Libero has been continuously strengthening its position in the deluxe commuter category.

GMs Sales Soar 111.4%
General Motors India (GMI) said it sold 1,258 vehicles in October 2003, a 111.4 per cent rise over 595 units sold in the same month last year.

It included 505 units of the recently-launched premium Sedan Chevrolet Optra and 723 units O the Opel Corsa range of cars, a company spokesperson told PTI.

The luxury Sedan Opelvectra and Sports-utility-vehicle Chevrolet Forester accounted for the remaining 30 units, the spokesperson said. The October sales, were, however 36.8 per cent less as compared to 1,991 units sold in September.

Sales during January-October surged by 59.5 per cent to 12,245 units from 7,676 units a year earlier.

The spokesperson said production constraints were still affecting delivery of models like the Optra and Corsa Sail.

At present, GMI can produce 25,000 units annually which it plans to double by the end of next year.