Maruti, Hyundai, Mahindra Begin FY17 With Robust Sales

New Delhi: Leading auto makers Maruti Suzuki, Hyundai Motor and Mahindra & Mahindra as well as two-wheeler majors Hero MotoCorp and Honda Motorcycles & Scooters began the new financial year with robust sales.

Ford India and Renault too reported good sales growth in April.

Maruti Suzuki India said its domestic sales increased 16.2 per cent during the month to 1,17,045 units as against 1,00,709 units in April 2015.

“Driving this robust growth for Maruti Suzuki are the new premium offerings Ciaz, Baleno, Vitara Brezza and S Cross. Communicating a new design philosophy, powered with new technologies and innovations, some of these products are on wait list,” Maruti Suzuki India executive director-marketing and sales R S Kalsi told PTI.

The company is making all efforts to improve availability of Baleno and Brezza to meet commitment to customers, he added.

The company saw sales of its utility vehicles, including Gypsy, Grand Vitara, Ertiga, S-Cross and recently launched compact SUV Vitara Brezza, surge over three-fold to 16,044 units from 4,452 units a year ago.

Sales of its compact segment, comprising Swift, Estilo, Ritz, Dzire and Baleno, increased 8 per cent to 45,700 units in April as against 42,297 units a year ago.

However, sales of mini-segment cars including Alto and WagonR declined 9.9 per cent to 31,906 units compared with 35,403 units in the year-ago period.

Rival Hyundai Motor India’s domestic sales rose 9.7 per cent to 42,351 units last month as compared to 38,601 units a year ago.

“In an industry seeing challenges on rural sales and diesel vehicle sales, Hyundai continued its growth momentum with volume growth of 9.7 per cent over last year with strong performance of… Creta, Elite i20, Grand,” HMIL senior vice president sales and marketing Rakesh Srivastava said.

Home-grown utility vehicle major Mahindra & Mahindra saw its domestic sales grow 14 per cent to 39,357 units last month compared with 34,467 units in April 2015.

M&M chief executive (automotive division) Pravin Shah said the company expects to maintain its growth momentum with wide range of product portfolio as well as the new launches of variants and refreshes.

Commenting on the diesel ban issue, he said, “We do hope that the Honourable Supreme Court, while taking a decision on diesel vehicles ban in NCR region on May 9, will take cognizance of all the facts, including the role that the automotive industry plays in the country’s industrial growth.”

Renault India’s sales zoomed over three-fold to 12,426 units in April as against 4,001 units last year.

“The Renault KWID has received an overwhelming response in the Indian market, not only from the metros but also from smaller cities and towns,” Renault India country CEO and managing director Sumit Sawhney said.

On the outlook, he said, “Going forward, we are confident of maintaining the sales momentum, as we strategically working towards expanding our sales and service network in India.”

Likewise, Ford India also reported a 32.44 per cent rise in its domestic sales at 6,531 units last month as against 4,931 units in the year-ago period.

“Our three-pronged brand transformation strategy based on introducing products that customers want and value, addressing the cost of ownership perception and delivering a differentiated customer experience has enabled us to deliver above industry growth rate,” said Anurag Mehrotra, executive director-marketing, sales and service at Ford India.

In the two-wheeler segment, market leader Hero MotoCorp reported a 15 per cent increase in sales at 6,12,739 units in April as against 5,33,305 in the same month last year.

Rival Honda Motorcycle & Scooter India (HMSI) reported a 26.51 per cent increase in total sales at 4,31,011 units in April. It had sold 3,40,679 units in the corresponding month last year.

Bajaj Auto, however, saw its total vehicle sales dip 2 per cent last month to 3,30,109 units, from 3,36,274 units in April 2015.

India Yamaha Motor posted a 65.75 per cent jump in sales at 63,927 units during the month.

PTI