Car sales in top gear on robust demand

New Delhi: The country’s major car makers registered an increase in passenger vehicle wholesales, the despatch of vehicles from factory to retailers, in November on the back of robust demand and the gradual improvement in supply chain situation. The country’s largest carmaker Maruti Suzuki India on Thursday reported 14 per cent increase in total wholesales at 1,59,044 units in November.

The company had dispatched 1,39,184 units to dealers in November 2021, MSI said in a statement. Last month, the company’s domestic sales rose 18 per cent to 1,39,306 units as against 1,17,791 units in November 2021, it added. Sales of mini cars, comprising Alto and S-Presso, increased to 18,251 units as compared with 17,473 in the same month last year.

Similarly, sales in the compact segment, including models such as Swift, Celerio, Ignis, Baleno and Dzire, rose to 72,844 units as against 57,019 cars in November 2021. Sales of mid-sized sedan Ciaz increased to 1,554 units as compared with 1,089 units in November last year.

Utility vehicle sales, including Vitara Brezza, S-Cross and Ertiga, rose to 32,563 units as compared with 24,574 vehicles in the year-ago month, MSI said. Exports declined to 19,738 units as against 21,393 units in the corresponding month last year, the company said.

Tata Motors wholesales up 21%

Tata Motors on Thursday said its total wholesales increased by 21 per cent to 75,478 units in November. The company had dispatched 62,192 units in November 2021.

The auto major said its total sales in the domestic market stood at 73,467 units last month, up 27 per cent, as compared to 58,073 units in the year-ago period. Commercial vehicle sales in the domestic market fell 10 per cent to 29,053 units, from 32,245 units in November 2021, it added.

Last month, the company’s total passenger vehicle dispatches rose 55 per cent to 46,037 units as against 29,778 units in the year-ago period.

Hyundai logs 36% rise

Hyundai Motor India on Thursday reported 36 per cent increase in total sales at 64,004 units for November 2022. The company had dispatched 46,910 units to dealers in the same month last year.

Domestic sales were up 30 per cent to 48,003 units as against 37,001 units in November last year, the company said in a statement. Exports increased 61 per cent to 16,001 units as compared with 9,909 units in the year-ago period, it added.

Hyundai Motor India Director (Sales, Marketing & Service) Tarun Garg said the company is well poised to achieve its highest ever domestic sales in 2022.

Mahindra posts 56% rise

Mahindra & Mahindra on Thursday reported a 56 per cent rise in domestic passenger vehicles sales at 30,392 units in November 2022. The company had sold 19,458 units in the same month last year, M&M said in a regulatory filing.

Utility vehicle sales were at 30,238 units as against 19,384 units in the year-ago month, up 56 per cent. Sales of cars and vans were higher at 154 units as compared to 74 units in the same month last year. M&M President, Automotive Division Veejay Nakra said the growth in November sales was on the back of robust demand across the company’s product portfolio.

“The supply chain situation continues to be dynamic due to continuing international disruptions. We are keeping a close watch and are taking appropriate steps,” he added. M&M said its total commercial vehicle sales were at 19,591 units last month.

Total tractor sales grew 10 per cent at 30,528 units as against 27,681 units in the year-ago month, the company added. Domestic tractor sales were at 29,180 units as compared to 26,094 units in November last year, a growth of 12 per cent. However, exports were down 15 per cent at 1,348 units as against 1,587 units in the same month last year.

Kia sales up 69%

Kia India on Thursday reported a 69 per cent rise in total sales at 24,025 units in November this year. The company had sold 14,214 units in the same month last year, Kia India said in a statement. Flagship SUV Seltos led the sales with 9,284 vehicles with Sonet, Carens, and the Carnival recorded sales of 7,834, 6,360 and 419 units, respectively last month, it added.

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