MG Motor India on Friday said its sales rose by 33 per cent to 4,010 units in December, 2020 as compared to 3,021 units in the same month a year ago
Factors that helped rural sales included a good monsoon, an excellent rabi crop and a relatively lesser spread of the Coronavirus
Hyundai Motor India, the country's second-largest car manufacturer increased its market share to 19.44 per cent from 18.88 per cent. However, sales dropped to 34,699 units from 36,294 units
Eicher's commercial vehicle (CV) sales dropped by 81 per cent to 1,409 units during the month from 7,329 units, a year ago
Motorcycle sales last month declined by 15.17% to 871,886 units from 1,027,766 units a year earlier
But if you delay purchase to the new year, you will get a higher value on resale
Buyers appear more concerned about higher upfront payments and seem reluctant to bear higher cost of safety norms
Vehicle sales across categories registered a decline of 12.34 per cent to 19,97,952 units from 22,79,186 units in June 2018, it added.
However, motorcycle sales last month rose 2.18% to 964,269 units
Minus these two companies, the rate falls to low single digits in April-May
After a growth of more than nine per cent in FY17, car makers have had a roaring start to the new financial year. A strong double digit growth in domestic passenger vehicle (cars, vans and utility vehicle) sales by market leader Maruti Suzuki and others including Honda, Tata Motors and Toyota helped the industry post a 16 per cent growth in April. New launches done in recent months continue to drive volumes for many companies. The sports utility vehicles remain on a growth path. Maruti Suzuki has clocked a record monthly domestic sales of 144,081 vehicles, growing more than 23 per cent over the corresponding sales of 117,045 vehicles in April 2016. All segment of vehicles except vans posted strong double digit growth for Maruti. The mini segment (Alto and WagonR) grew by 22 per cent. The compact segment (Swift, Celerio, Ignis, Baleno and Dzire) surged over 39 per cent in volumes. Sale of Maruti's utility vehicles grew more than 28 per cent last month. Korean car maker Hyundai, the ...
Passenger vehicle segment posts 16% growth in August
Two-wheeler sales rose by 13.52% to 14,76,340 units in July
Motorcycle sales last month rose 3.34%