Auto industry continued to face challenging times as major manufacturers Maruti Suzuki and Hyundai posted single digit growth in June but Honda Cars India and Tata Motors posted double digit growth while Mahindra & Mahindra and Toyota reported decline in sales during this month.
Country's largest carmaker Maruti Suzuki said its domestic sales increased 1.6 per cent in the month of June to 1,02,626 units as against 1,00,964 units a year ago.
Sales of the compact segment comprising Swift, Estilo, Ritz, Dzire rose 24.4 per cent to 45,701 units in June this year as against 36,741 units last year. However, sales of mini segment cars, including Alto and WagonR, declined 27.9 per cent to 34,336 units compared with 47,618 units in the year-ago period.
Rival Hyundai Motor India ltd (HMIl) sold 36,300 units last month as compared with 33,514 units in June 2014, up 8.3 per cent. HMIl Senior Vice-President (Sales and Marketing) Rakesh Srivastava said: “In a market bearing low traction consistent demand of Elite i20, Grand, Xcent- Hyundai volume grew by 8.3 per cent and with the upcoming launch of global SUV Creta, we are confident of sustained growth.’’
Tata Motors sales of passenger vehicles in the domestic market in June rose 30 per cent at 10,281 units as against 7,911 units in the same month previous year. The sales of the company's passenger cars in June were higher by 44 per cent at 8,516 units as compared to 5,933 units in June 2014.
Honda Cars India reported a 12.65 per cent increase in its domestic sales at 18,380 units in June. Utility vehicle major Mahindra & Mahindra saw its domestic sales decline 9 per cent to 33,282 units last month as against 36,452 units in the same month of last year.
On the outlook, M&M Chief Executive (Automotive Division) Pravin Shah said: “With a normal monsoon till date, an overall positive sentiment and a slew of new launches in the automotive industry, we expect buoyancy in demand going forward.”
Toyota Kirloskar Motor reported 12.87 per cent decline inits June sales at 10,464 units as compared to 12,010 units in the same period of last year.
“There was limited production last month on account of planned annual plant shut down scheduled from May 29 to June 6 for regular maintenance,’’ the company said.
Hinduja Group flagship company Ashok leyland reported 41 per cent hike in total sales of commercial vehicles at 10,461 units in June. In the two-wheeler segment, Honda Motorcycle & Scooter India (HMSI) reported 7.94 per cent increase in total sales at 3,48,793 units in June. Chennai-based TVS Motor Company reported 8 per cent increase in total sales at 2,22,099 units in June.