Car Sales Zoom In January 2010
Major key players in India like Maruti Suzuki, Tata Motors, Mahindra & Mahindra, Hyundai Motors India and General Motors India saw a steady growth in monthly numbers.
Maruti Suzuki, the leader in the car market, continued its strong run in 2010 as well. The car company’s sales were up 21 per cent in the domestic market at 81,087 units against 67,005 units in January 2009. The company’s heavyweight portfolio of small cars, that includes models like the Maruti Alto, Maruti Wagon-R, Maruti Swift and Maruti Ritz, grew 25 per cent compared to last year’s.
Tata Motors sold 26,245 units in the month of January against 18,331 units in same month last year that shows a growth of 43 per cent. Hyundai’s domestic market sales were up 41 per cent at 29601 units, the highest monthly number since the Korean car maker started selling cars in India back in 1998. The car company said the Indian Government should continue with its stimulus package, comprising lower manufacturing duty and easy interest rates to maintain a healthy growth throughout.
Mahindra & Mahindra had a record growth as its Utility Vehicle sales in January stood at 20,332 units against 13,397 units. The growth of sales was led by the Xylo Multi-Utility Vehicle (MUV). Mr. Pawan Goenka, President, Mahindra & Mahindra said, “The momentum remains strong and the Xylo is doing well for us.”
General Motors sold 9,421 units, showing a growth of 139 per cent. The January 2010 sales of General Motors India comprise of 3477 units of Chevrolet Spark, 2825 units of the newly launched Chevrolet Beat, 1512 units of Chevrolet Tavera, 686 units of Chevrolet Cruze, 434 units of Aveo U-VA, 364 units of Aveo, 72 units of Chevrolet Captiva and 51 units of Chevrolet Optra.
Mercedes-Benz which launched four new cars in the domestic car market in January reported an over-four fold jump in its monthly sales at 403 units, the highest ever recorded by the company in India so far. Against 82 units sold during the corresponding month of last year, this is the highest ever sales registered in January by the company, Mercedes-Benz India said in a statement.
Rakesh Batra, who tracks the auto sector at Ernst & Young, said the revival in economy and the low interest rates were among the positives fuelling demand. “The consumer sentiment is very positive,” he said, adding, that concerns over withdrawal of stimulus package that can see car prices go up was also among reasons pushing numbers. “There could be a case of preponement of purchases.”
Incoming search terms:
Posted in Cars
|
Tags: 2010, all new wagon r sale during feb 2011, Alto, amp, Auto, Aveo, aveo uva sold in january 2011, aveo uva unit sold in january 2011, BEAT, Benz, best selling cars in india injan'2011, Captiva, Car, car sales, car sales no. of units in feb, car sales ritz jan 2011, case, chevrolet captiva, chevrolet cruze, chevrolet optra, chevrolet spark, chevrolet tavera, Company, Consumer, Cruze, Demand, details about car price maruthi xylo, domestic car, Economy, General, goenka, highest sold cars in the month of feb 2011 in india, hl, how many aveo sold in india, how many cars were sold of new wagonr in december 2010, how many mahinda xylo sold in january 2011, how many units of wagonr car were sold in december 2010, how many wagon r sold in 2010, how many xoom sold, how many xylo car sell in 2010, Hyundai, Hyundai Motors India, in india 2010 how many car unit sold, india car sales in 2011 ritz, Indian, indian wagonr 2011, Interest, jan 2011 maruti swift sales number, January, january wagon r alto "car sales ", jump, korean car, Mahindra, Major, manufacturing, Market, maruthi ritz sales 2011, maruti alto, maruti ritz car sale india in january, maruti ritz car sales during january 2011, maruti ritz cars sales during 2011, maruti ritz jan 2011, maruti ritz sales 2010, maruti ritz sales 2011, maruti ritz sales for feb 2011, maruti ritz sales in january 2011, maruti ritz sales january 2011, maruti ritz units sold january 2011, Maruti Suzuki, Maruti Swift, maruti wagon r, maruti wagon r 2011, maruti wagon r 2011 price, maruti wagon r sales number january 2011, maruti wagon r sold in january 2011, maruti wagonr 2011, Mercedes, Mercedes Benz, momentum, month, monthly wagon r sales, multi, NEW, new cars, new launch car of maruti wagon r 2011, new wagon r sales 2011, no of cars sold in india feb 2011, no. of unit sold of wagon r in 2010, no. of unit sold of xylo in june 2010, no. of units sold so far of maruti ritz in dec., no.of cars sold by mercedes-benz india in january 2011, number, number of car sold in 2011, number of cars sold in jan 2011 in india, number of cars sold in january 2011, number of maruti ritz sales in january 2011, number of ritz sold, number of xylo sold in 2010, Optra, package, pawan, portfolio, preponement, price and number of units solds, Rakesh, Record, revival, Ritz, ritz 2011 car compare ritz 2010, ritz car 2011, ritz car sales during february 2011, ritz car sales during january 2011, ritz car sales in 2010, ritz sales 2011, ritz sales in feb 2011, ritz sales in jan2011, ritz sales january 2011, sale of wagon r in january, Sales, sales nos of cars in january, sales of new wagon r 2011, sales of xylo 2010, sales of xylo cars in 2010, sector, selling cars, sentiment, small cars, statement, stimulus, stimulus package, strong run, Swift, Tata, Tata Motors, Tavera, total number of xylo sold out so far, tra..., U-VA, unit sold of wagon r in 2010, units of xylo were sold, utility, Vehicle, wagon, wagon r 2011, wagon r car sales, wagon r car sales " february 2011", wagon r sold in january 2011, wagonr2011price, with zoom wagon r car, withdrawal, Xylo, xylo 2011 sales, xylo jan 2011 sales, xylo sales 2010, xylo sales for 2011, xylo sales in 2010, xylo sales in 2011 in india, xylo sales in feb 11, xylo sales jan 2011, xylo sales number of units sold, Year, Young, zoom