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Maruti Suzuki sells the most October Sales Report Card

Maruti Suzuki sells the most October Sales Report Card

 

October Sales Report Card: Tata grows 79% year-on-year, Maruti Suzuki sells the most


Maruti Suzuki sold a total of 1,82,448 vehicles in the domestic market



Tata Motors sold a total of 23,600 units

 


 

          India's automobile industry is recovering rapidly. This can be estimated by looking at its sales figures. In October 2020, car companies have introduced discounts, special editions and attractive trim lails to attract more customers and give each other tough competition during the festive season. On Sunday, almost all automobile companies, including Tata-Hyundai and Maruti Suzuki, released their October sales figures.



Maruti has sold a total of 1,82,448 vehicles in the domestic market. Which means the company has grown 18.9% year-on-year. Tata Motors grew 79% year-on-year, while Hyundai grew 13%. Volkswagen, Nissan and Renault are down 38% year-on-year.



1. Maruti Suzuki sold a total of 1,82,448 vehicles




Maruti Suzuki India Limited (MSIL) on Sunday released its domestic sales figures. The company reported total sales of 1,82,448 units, an increase of 18.9% year-on-year, including 1,66,825 units for domestic sales and 6,037 units for other OEMs (Toyota Glenza and Urban Cruiser).



In addition, the country's largest automobile company exported 9,586 units in October 2020. The Alto and S-Presso sold 28,642 units in the mini segment, while the compact range of WagonR, Swift, Cellario, Ignis, Blaeno, Dzire and Tour S sold 95,067 units with growth of 26.6%.



Last month, only 1,422 units of Maruti Suzuki Siaz were sold with a negative increase of 40%. Maruti Suzuki's passenger UV range includes models like the Ertiga, S-Cross, Vitara Brezza and XL6 and sold a total of 25,396 units last month. Overall, passenger vehicles grew by 17.6% to 1,63,656 units, compared to 1,39,121 units sold in the same period in 2019.

2. Tata recorded the highest annual growth of 79%



Tata Motors has made a good comeback since last month. The new range of product based on Impact Design philosophy and new platforms definitely sets a high standard. In October 2020, Tata sold a total of 23,600 vehicles.



The company sold 13,169 units during the same period last year. That means the company has an annual growth of 79%, which is higher than all car manufacturers.

Tata sold 18,583 units of domestic passenger vehicles in August 2020, an increase of 154%. Its number in August 2019 was 7,316 units.

In September 2020, Tata Motors sold 21,200 units, the highest since October 2012.

Tiago and Nexon Go have seen annual sales growth of 98% and 111%, respectively, with over 6,000 units sold. Ultras sold 5,952 units in the month, up 20%.

3. Hyundai's domestic sales increased, but exports declined



Hyundai Motor India Limited (HMIL) has announced domestic sales figures for October 2020. The auto sector has been showing good growth in the last 4 months and the company is seeing a rapid recovery.

Hyundai, the country's second-largest carmaker and car exporter, achieved another milestone last month. The highest domestic sales so far were 56,606 units. The South Korean brand also exported 12,230 units, increasing its total sales to 68,835 units.


4. A total of 3,33,759 units were sold in October, an increase of 18% year-on-year



The total domestic sales in October 2020 stood at 3,33,759 units as against 2,84,048 units in the same period last year. That is an 18% increase over the year. Maruti Suzuki saw an 18% increase in sales with 1,63,600 units. The company sold 1,39,121 carriers during the same period last year. Compared to September 2020, total car sales increased by 14%.

South Korean auto maker Hyundai is expected to grow by 13.2% year-on-year and its new variant is expected to grow as the launch of the next generation i20 is just a few days away.

Tata Motors has been hit again after a three-month year-on-year increase in sales. Indian makers also finished third last month with the highest year-over-year increase. Sold 23,600 units last month, up from 13,169 units in the same period in 2019. Sales increased 79%.

The company finished fourth with 21,021 units due to the good response to Kia's compact SUV Sonnet. Sonnet and Celtos are setting a new standard in their segment and its impact is visible on the sales chart. The company reported a 64% year-on-year increase to 21,021 units against 12,854 units in October.


 

Maruti Suzuki sells the most October Sales Report Card

 

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Mahindra & Mahindra is in fifth place with 18,600 units, while the volume increased by 4% with 17,923 units. The company released the second generation Thar on October 2 and its bookings have crossed the 15,000 unit mark. The company is now working on strengthening its domestic portfolio with the launch of the next generation XUV500 and Scorpio in the first 6 months of next year.

Toyota ranks sixth behind Renault, Honda, Ford, MG, Volkswagen, Skoda, Nissan and FCA.

 


 



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