Showing no signs of revival, passenger vehicle sales in the country during January fell by 9.3 per cent as compared to 2.42 lakh units sold during the same month last year, according to data released by the Society of Indian Automobile Manufacturers (Siam) today.
“There is no respite for the auto industry. We hope, from the government, that in the vote-on-account there will be some support for the auto industry. The situation now is worse than FY09, when the government had provided relief to the industry with policy support,” Siam deputy director general Sugato Sen was quoted by PTI on the sidelines of the Auto Expo.
Sales of domestic cars during the month fell by 7.59 per cent to 1.6 lakh units compared to 1.7 lakh vehicles sold during the same month of 2013.
Maruti Suzuki India in January posted 6.88 per cent decline in its domestic sales at 82,461 units as against 88,557 in the same month last year. Hyundai Motor India Ltd also posted 2.61 per cent dip in sales during the month at 33,351 units. Tata Motors saw its sales decline by 24.38 per cent to 8,463 units from 11,192 in the same month last year. Honda Cars India, however, saw its sales increase nearly three-fold to 15,597 units in the month from 5,421 in January 2013 primarily on the back of Amaze and new City.
Total commercial vehicle sales were down by 20.93 per cent to 49,987 units from 63,218 units, while medium and heavy commercial vehicles were also down by 17.42 per cent at 15,769 units as against 19,095 units in the same month last year.
Motorcycle sales in January grew by 4.04 per cent to 9,22,323 units from 8,86,521 in the same month last year.
On the contrary, market leader Hero MotoCorp and Bajaj Auto registered a decline in sales. While Hero saw its domestic bike sales decline marginally to 4,89,322 units in January from 4,94,109 in the year-ago month, Bajaj Auto’s sales declined by 14.36 per cent to 1,67,869 units from 1,96,023 in the same month last year.
“There is no respite for the auto industry. We hope, from the government, that in the vote-on-account there will be some support for the auto industry. The situation now is worse than FY09, when the government had provided relief to the industry with policy support,” Siam deputy director general Sugato Sen was quoted by PTI on the sidelines of the Auto Expo.
Sales of domestic cars during the month fell by 7.59 per cent to 1.6 lakh units compared to 1.7 lakh vehicles sold during the same month of 2013.
Maruti Suzuki India in January posted 6.88 per cent decline in its domestic sales at 82,461 units as against 88,557 in the same month last year. Hyundai Motor India Ltd also posted 2.61 per cent dip in sales during the month at 33,351 units. Tata Motors saw its sales decline by 24.38 per cent to 8,463 units from 11,192 in the same month last year. Honda Cars India, however, saw its sales increase nearly three-fold to 15,597 units in the month from 5,421 in January 2013 primarily on the back of Amaze and new City.
Total commercial vehicle sales were down by 20.93 per cent to 49,987 units from 63,218 units, while medium and heavy commercial vehicles were also down by 17.42 per cent at 15,769 units as against 19,095 units in the same month last year.
Motorcycle sales in January grew by 4.04 per cent to 9,22,323 units from 8,86,521 in the same month last year.
On the contrary, market leader Hero MotoCorp and Bajaj Auto registered a decline in sales. While Hero saw its domestic bike sales decline marginally to 4,89,322 units in January from 4,94,109 in the year-ago month, Bajaj Auto’s sales declined by 14.36 per cent to 1,67,869 units from 1,96,023 in the same month last year.
