Motown November 2010
The festive cheer has rubbed off on to the November automobile sales as most automakers reported healthy growth numbers over last year. Maruti Suzuki, the country’s largest automaker, reported a 34.2% jump in sales in the domestic market during November compared to the same period last year. The automaker recorded sales of 1,02,503 vehicles. This makes it the second consecutive month for Maruti when it has crossed the 1-lakh-unit sales mark in the domestic market in 2010. Maruti’s peer Hyundai Motor India, however, did not put up such a great show. The company reported a 12% increase in domestic sales at 31,540 units compared to the same period last year. And thanks to its plant closures, the company’s total sales-—including exports—dipped 19.4% with 44,542 units sold in November this year compared to 55,241 last year. There was a nominal 1% rise in Tata Motors’ total passenger and commercial vehicle sales in November at 50,419 units, up from 50,114 in the corresponding period last year. Significantly, sales of the automaker’s latest offering —Nano—stood at only 509 units during the month, down by 85% over November last year. Indica sales were also down 37% to 5,716 units. Mahindra & Mahindra’s sales grew by 18% to 26,666 units, with its tractor sales rising to 17,993 units from 12,592 units a year earlier. Similarly, sales of General Motors India increased 17.67 % to 8,376 units in November as against 7,118 units in the corresponding month in 2009. German auto giant Volkswagen sold 4,612 units across India and is now looking to increase the supply of its models Polo and Vento.