Sluggish September For Auto Industry
The cash crunch and the ‘shraadh’ season has hit the automobile sales especially the four-wheel segment though there had been marginal silver line in the sales outcome of two wheelers.
The degrowth of its largest A2 segment of Zen Estilo, Swift, WagonR, and Alto hit 1.29% dip in sales but, surprisingly, the people’s car, Maruti800 took the biggest brunt by 33.6% drop in sales to 3,467 units only.
In the Tata Motors stable, sales of Sumo and Safari have been stable at 3,321 units, while Indica hatchback took the maximum drop of 24% to mere 8,598 units, though Indigo Sedan sales rose to 4,667 units, a 100.5% increase over last year’s sales. Overall the Tata Motors sales have shown a downtrend of 9 percent by selling just 16,586 units against 18,216 in September last.
Hyundai Motor’s i10 seems to be all time favourite both in India and abroad, and its sales have shown 23.89% increase, i.e. 22,311 against 18,009 units sold in September last year. MUV segment of Mahindra & Mahindrea has posted increase in sales while Logan sales dipped to 1,752 against 2,184 last year. Overall M&M has reported 31.67% increase in sales i.e. 24,481 units against 18,593 last year.
Even Honda Siel has faced the dip in sales to 45.29% to 3,104 cars in September against 5,674 last year, and so has been the case with General Motors which posted 10.38% drop in sales, from 5,751 last year to 5,154 in September now.
Luxury carmaker Skoda Auto India reported a 34.78% increase in sales to 1,213 in September 2008 compared with 900 in the same period last year.
The twowheeler segment however shown overall growth with Hero Honda touching 22.47% increase in sales followed by TVS Motors 19.25%, Honda motorcycle and scooter 17%, with Bajaj Auto trailing at 6%.