Reflecting a seemingly sustainable market recovery amid concerns oversupply of certain parts, auto majors Maruti Suzuki, Hyundai Motor, M&M, Tata Motors, Honda and MG Motor on Monday reported growth in their domestic passenger vehicle sales in January.
The country’s largest carmaker Maruti Suzuki India (MSI) reported a 2.6 per cent rise in domestic sales to 1,48,307 units last month as against 1,44,499 units in January 2020.
The company’s growth was driven by utility vehicle sales, including Vitara Brezza, S-Cross and Ertiga, which rose 45.1 per cent to 23,887 units compared to 16,460 in the year-ago month. Sales of mid-sized sedan Ciaz also jumped 61.3 per cent to 1,347 units from 835 in January 2020.
MSI witnessed a 7.4 per cent decline in sales of mini cars, comprising Alto and S-Presso to 1,02,088 units as against 1,10,225 in the same month last year. Similarly compact segment, including models such as Swift, Celerio, Ignis, Baleno and Dzire, also declined by 8.8 per cent to 76,935 units as against 84,340 cars in January 2020.
Rival Hyundai Motor India Ltd (HMIL) reported a 23.8 per cent jump in domestic sales to 52,005 units as against 42,002 units in January 2020.
“The growth momentum has been achieved on account of great customer pull for recently launched products like the all-new Creta, new Verna and the all-new i20,” HMIL Director (Sales, Marketing & Service) Tarun Garg said.
Homegrown auto major Tata Motors said its passenger vehicle sales in the domestic market in January stood at 26,978 units as against 13,894 units in the same month previous year, up 94 per cent.