Maruti, Hyundai record highest cumulative sales in November
Car majors Maruti Suzuki and Hyundai Motor India Ltd have registered record cumulative sales for the month ending November 30, 2009. The Luxury cars to hit Indian roads cumulative sales of HMIL accounted for 55,265 units which reflect a 28.5% growth as compared to last November while Maruti’s November sales stood at 87,807 units, a rise of 84 per cent over the corresponding month last year.
For HMIL, the domestic market was the biggest gainer as it almost doubled its sales to 28,162 units this month registering a growth of 92.8% over the same month last year. The exports however showed a slight decline as it fell by 4.6% as compared to the same period last year. In September, 2009 HMIL had clocked cumulative sales of 53,802 units which had been the highest till now. The domestic sales grew at a whopping 92.8% and accounted for 28,162 units as against 14,605 units in November, 2008 while the exports dipped marginally to 27,103 units as compared to 28,414 units last November – a fall of 4.6%.
The segment-wise cumulative sales in the month of November, 2009 are as follows:
A2 Segment (Santro, i10, Getz & i20) 50,501 units;
A3 Segment (Accent & Verna) 4,748 units;
A5 Segment (Sonata Transform) 15 units;
SUV Segment (Tucson) 1 unit.
For Maruti Suzuki November 2008 was an exceptionally low sales month due to impact of economic slowdown. This year's November sales were, however, up 17.1 per cent from that in November 2007, according to a company statement.
For the period April-November, sales grew 29.4 percent over the like period of last year to 646,139 units.
Maruti's sales in the compact car (A2) segment comprising Alto, Wagon-R, Zen, Swift, Ritz and A-Star grew 60 percent over November 2008, it said.
The company sold 56,005 units in this segment as against 34,976 units last year.
Sale of models in its mid-sized (A3) segment comprising SX4 and D'Zire rose 46.3 percent to 8,741 cars. Exports were at 11,448 units.
Source - Economictimes