Despite shock prevailing post-demonetization market, the
Goods and Services Tax enforcement and the ensuing slowdown, the September
sales for automotives in the country have been positive.
Major car manufacturers saw good growth momentum continuing
in September on festive season demand and strong performance from new launches.
Now, with the festival of lights round the corner, sales across the spectrum of
vehicles are set to get a further boost that should end FY18 on a bright note
for the Indian automotive industry.
Passenger Vehicles
In the passenger vehicle
segment, most of the carmakers managed a double-digit growth with SUVs boosting
sales.
|
Passenger Vehicles -
2017 Sales
|
|||
|
COMPANY
|
Sept-16
|
Sept-17
|
% Change
|
|
Maruti
Suzuki India
|
137,321
|
151,400
|
10.3
|
|
Hyundai Motor India
|
42,605
|
50,028
|
17.4
|
|
Mahindra
& Mahindra
|
20,537
|
25,327
|
23
|
|
Honda Cars
|
15,034
|
18,257
|
21
|
|
Tata Motors
|
14,601
|
17,286
|
18
|
|
TKM
|
12,067
|
12,335
|
2.22
|
|
Ford India
|
9,108
|
8,769
|
-3.7
|
|
Volkswagen
|
3,929
|
4,603
|
17.15
|
Two-wheelers
Riding on robust demand
for its two-wheelers, Hero Motocorp posted its highest-ever sales for any
month, dispatching 7, 20,739 units in domestic sales in September 2017, a
growth of 6.7 %. This milestone was achieved on a huge base of 6, 74,961 units,
registered in the corresponding month of the previous year.
|
Two-wheelers - 2017
Sales
|
|||
|
COMPANY
|
Sept-16
|
Sept-17
|
% Change
|
|
Hero Motocorp
|
674,961
|
720,739
|
6.7
|
|
Bajaj Auto
|
230,502
|
247,418
|
7
|
|
Suzuki Motorcycle
|
37,057
|
50,785
|
37.04
|
|
Royal Enfield
|
56,958
|
69,393
|
22
|
Commercial Vehicles
Commercial Vehicles
continued to grow with Tata Motors recording a sales increase of 29 % in the
domestic market at 36,679 units over September 2016.
|
Commercial Vehicles -
2017 Sales
|
|||
|
COMPANY
|
Sept-16
|
Sept-17
|
% Change
|
|
Tata Motors
|
23,464
|
31,566
|
34
|
|
Ashok Leyland
|
10,897
|
13,634
|
25.11
|
|
M&M
|
16,081
|
19,201
|
19
|
|
VECV Eicher
|
4,148
|
5,084
|
22.6
|
|
VECV Volvo
|
109
|
149
|
26.84
|
|
Bajaj Auto
|
44,789
|
59,074
|
32
|
As ratio of Used
Automotive to that of the New One is 1:1, Used Automotive Industry is also on
the road towards growth. So if you are looking forward to acquire or dispose
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