Auto Industry Sales Report India For The Month of April 2010

Honda Bikes in Indian Auto Expo 2010

Indian Auto industry showed no signs of slowing down in the month of April 2010. The companies recorded increase in their sales even after the recent increase in prices.

Despite the fact that some of the models have been discontinued in the 13 big cities due to the recent BS 4 implications, almost all the manufacturers clocked double digit growth figures.

Country’s largest car maker Maruti Suzuki India reported a jump of 29.70 percent in total sales at 93,058 units as compared to 71,748 units sold during the same month last year.

Hyundai Motor’s total sales for April 2010 jumped 17.24 percent at 52,020 units against 44,370 units in the year-ago period.

Tata Motors reported a 52.47 percent increase in total sales last month at 57,202 units, compared to 37,518 units in the same month in 2009.

Ford India also reported an over three-fold jump in April sales at 7,509 units on the back of a good response to its new small car Figo. It sold 2,034 vehicles in April, 2009.

Facing plenty of problems globally, the Indian subsidy of Toyota – Toyota Kirloskar Motor’s sales rose by 77.23 percent at 6,001 units against 3,386 units in the corresponding month last year.

In the two wheeler segment, Hero Honda‘s sales remained flat in April as it sold 3,71,652 units compared to 3,70,575 units in April last year.

TVS Motor Company reported a 27.91 percent increase in two-wheeler sales at 1,44,689 units compared to 1,13,119 units in the corresponding month last year.

Yamaha YZF R15 Motorcycle in 2008 Auto Expo

Regardless of premium pricing of its bikes, India Yamaha Motor’s sales rose by 42.01 percent at 24,960 units against 17,576 units in the same month last year.

Suzuki Motorcycle India reported a 53.22 percent growth in sales in April at 20,771 units compared with 13,556 units in the same month last year.

Source: The Economic Times