Major carmakers, including Maruti Suzuki India, Toyota Kirloskar Motor and General Motors India, reported a decline in domestic sales in April as demand continued to be subdued due to overall unfavourable macro-economic conditions.
Other manufacturers Hyundai Motor India Ltd, Honda Cars India and Ford, however, reported an increase in April sales on the back of their new models.
Maruti Suzuki India (MSI), the country's largest carmaker, reported a 12.6 per cent decline in its April sales at 79,119 units.
Sales of the company's bread and butter segment mini cars comprising M800, Alto, A-Star and WagonR declined 25.4 per cent to 26,043 units, while those of premium compact cars consisting of Swift, Estilo, Ritz rose by 9.9 per cent to 23,659 units in April. (Read more)
Similarly, homegrown Mahindra & Mahindra saw its domestic sales drop 15 per cent to 34,107 units as against 39,902 units reported in the same month last year.
"It is unfortunate that the auto industry has not seen an upturn over the last couple of months in spite of a reduction in excise duty," M&M chief executive (automotive division) Pravin Shah said. (Read more)
General Motors India reported a 35.30 per cent decline in April sales at 5,302 units.
"Customer sentiment continues to remain negative even with price reduction on account of excise duty cut and other market promotion schemes," General Motors India vice president P Balendran said. (Read more)
Toyota Kirloskar Motor also saw its domestic sales decline 16.04 per cent to 7,562 units in April. The company, which saw a labour unrest at its Bangalore facility, said it resumed normal production from April 22. (Read more)
In contrast to this, Hyundai sold 35,248 units in the domestic market during the month, as compared to 32,403 units in April 2013 - a rise of 8.78 per cent.
Commenting on the sales performance, HMIL senior vice president (sales and marketing) Rakesh Srivastava said the domestic volume growth is in line with this year's objective of growth in volume and market share. (Read more)
Similarly, Honda Cars India posted a 30 per cent increase in domestic sales at 11,040 units in April, riding on the success of its premium sedan City, of which it sold 7,044 units during the month. (Read more)
Ford India also posted rise in domestic sales last month. It sold 6,651 units in April - a growth of 66.15 per cent from same month previous year.
"Despite on-going business challenges faced by Indian automotive industry, Ford India sales have held steady in April," Ford India executive director (marketing, sales and service) Vinay Piparsania said.
Two-wheeler makers
Honda Motorcycle & Scooter India posted a 20.92 per cent rise in sales at 3,13,942 units last month. (Read more)
Yamaha Motor India posted a 42.39 per cent increase in domestic sales at 51,158 units.
RESULT
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