Maruti total sales down 14.4 per cent in May

Maruti Suzuki India on Saturday reported 14.4 per cent decline in total sales in May in 2013 at 84,677 units.

The company had posted total sales of 98,884 units in the corresponding month in 2012.

For May 2013, the firm reported 13 per cent decline in domestic sales at 77,821 units, over 89,478 units in May, 2012, Maruti Suzuki India (MSI) said in a statement.

MSI’s exports last month went down by 27.1 per cent to 6,856 units from 9,406 units in the year-ago period, the company said.

However, sales of the company’s mini segment cars, including the M800, A-Star, Alto and WagonR, rose by 5.1 per cent to 31,427 units from 29,895 units in May, 2012.

In the compact segment (comprising the Estilo, Swift and Ritz models), MSI witnessed 29.4 per cent fall in sales at 17,147 units as against 24,290 units in the same month a year-ago.

Sales of MSI’s DZiRE model fell by 2.5 per cent to 17,265 units from 17,707 units in the corresponding period a year-ago.

The company’s mid-sized sedan SX4’s sales increased by 24.2 per cent to 503 units from 405 units in the year-ago month, MSI said.

Luxury sedan Kizashi witnessed no buyer last month compared to sales of 12 units in May 2012, it added.

Sales of utility vehicles went down by 44.3 per cent to 4,307 units from 7,734 units in the year-ago month. Sales of vans dipped by 24 per cent to 7,172 units from 9,435 units in the same month last year.

MSI’s total passenger car sales declined by 8.3 per cent to 66,342 units in May from 72,309 units in the same month in 2012, it added.
Source - thehindu

Hyundai Motor sales up 2% in May

Hyundai Motor India reported a 2.1 per cent increase in its total sales in May at 56,856 units as against 55,669 in the same month last year.

The company's domestic sales stood at 32,102 units during the month, up 0.3 per cent from 32,010 units in May 2012, HMIL said in a statement.

Exports during the month were up by 4.6 per cent to 24,754 units from 23,659 units in the same month last year, it added.

Commenting on the sales, HMIL Senior Vice-President, Sales and Marketing Rakesh Srivastava, said: "Hyundai has been able to maintain positive growth and will gain in market share in a market that is at the near bottom level and is expected to move into positive growth in the coming months as the demand for the petrol cars is improving."

Describing the market situation as "challenging times" the company has been able to increase export volumes and we continued to get strong demand from the non-European markets.
Source - businesstoday

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