Automobile Companies India Industries

Maruti Tata Hondo Automobile sales seen growth in Nov 2020 Sales on YOY basics

Automobile major Maruti Suzuki on Tuesday reported a growth of 1.7 per cent in its overall sales during November 2020 on a year-on-year basis.
The company sold 1,53,223 units of vehicles last month, against 1,50,630 units sold in November 2019.
On a sequential basis, the company sold 1,82,448 units of vehicles in October 2020.
“Maruti Suzuki India Limited posted total sales of 1,53,223 units in November 2020. This is a growth of 1.7 per cent over November 2019,”
“Total sales include domestic sales of 1,38,956 units and 5,263 units for other OEMs. In addition, the company exported 9,004 units in November 2020.”
Besides, the company said that manufacturing, sales and service operations continue to take place fully consistent with “all safety requirements for employees and customers”.
Exports stood at 31 units last month, it added. “The festive season this year was good for us with sales improving by 55 per cent in November and contributing to overall industry growth.
TATA company had sold 41,124 units in the same month last year.
Total domestic sales increased 26 per cent to 47,859 vehicles in the previous month, from 30,057 units sold in November 2019, Tata Motors said in a statement.
Domestic passenger vehicles sales climbed 108 per cent to 21,641 units as compared to 10,400 units in the year-ago month.
However, total commercial vehicle sales (including exports) declined 9 per cent to 27,982 units in November 2020 as against 30,588 units earlier.
Domestic commercial vehicles sales dipped 5 per cent to 26,218 units in November this year, from 27,657 vehicles sold in the same month of 2019, the statement said.
Honda Cars India on Tuesday reported a 55 per cent increase in domestic sales at 9,990 units in November.
The company had sold 6,459 units in the domestic market in November 2019, Honda Cars India Ltd (HCIL) said in a statement.
“With new and refreshed model line-up along with lucrative offers for consumers, we were able to leverage festive demand and register good sales,” HCIL Senior Vice President and Director (Marketing & Sales) Rajesh Goel said.
While the Amaze continues to show strong market performance, the all new City has been fuelling the demand in the mid-size sedan segment since its launch and maintaining its leadership position month after month, he added.
“Although there are continuing challenges of pandemic and its impact on overall consumer sentiment, the rise in personal mobility is expected to help us sustain our sales momentum during the rest of fiscal year,” Goel said.
Splco Reporter
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