The sales figures for the month of Spetember 2014 are out, and as expected, Maruti Suzuki has again emerged as the clear market winner ahead of the Hyundai Motors. We bring you a comprehensive study of the manufacturers and analyze the industry trend.
Maruti Suzuki India: Maruti Suzuki is country's largest car-maker undoubtedly, with market share as high as 40%. They have reported a total domestic sales of 99,290 units in September 2014, a 9.8% higher from the September 2013 when they sold 90,399 units. With the launch of the premium segment car, Ciaz, and the booking already exceeding 10,000 units, Maruti is hopeful of exceeding the sales figure even more in October. The festive season is already here, and Maruti has never failed to cease the opportunity to sell high volumes in this season.
Hyundai Motor India: The second largest car-maker recorded a domestic sales figure of 35,041 units against 30,601 units in September, 2014, a handsome 14.51% increase. Hyundai gives the credit to the newly launched Elite i20 for the success. Hyundai recorded 12.8 percent growth for the first half of the year and 8,902 units of the new Elite i20. The coming festive season is also slated to bring good sales for the Hyundai.
Mahindra & Mahindra: M&M is the largest UV maker of India and was able to sell 19,893 units in September 2014, against the 18,916 units in September 2013, recording a growth of 5.16%. With the launch of all new Scorpio and Xylo, M&M is hopeful to generate more sales figure in the coming months. A statement from M&M read "The sales numbers for September have been encouraging and we are glad that the automotive industry is turning the bend. We expect the ensuing festive season to bring in some much needed cheer with a slew of new launches from manufacturers.”
Honda Cars India: Honda Cars have recorded a sales figure of 15,015 units in the September, 2014, a whopping 45%more than the September 2013 when they were able to sell only 10,354 units. Honda credits the sales growth to the new diesel engine.
Toyota Kirloskar Motor: Toyota was able to sell 12,552 units in September 2014, with a growth of 4.47 percent over the 12,015 units in September, 2013. Innova is still the best selling car for the Toyota.
Tata Motors: Sales of passenger vehicles for Tata Motors is still a big issue with 11,931 units done in September 2014, a 7% down over 12,839 vehicles sold in September 2013. Tata is hopeful to change the scenario with their new offering, the Zest. According to a statement released by Tata, 'the enthusiasm to buy Zest is overwhelming with the pre launch booking touching at record high'
Ford India: Ford India suffered the biggest dip in the sales with a negative growth of 36 percent. They managed to sell only 6,786 units in the domestic market last month as compared to 10,640 units in September 2013. The Ecosport was the main driving force for the Ford that time. With no new launches slated this festive season, the sales might not exceed the expectations in the coming months as well.
Nissan India: Nissan India was able to sell 4145 units in the September 2014 as against 2527 units in September 2013, recording a growth of 64%. This is indeed a good news for Nissan as the Terrano is doing exceedingly well in the market.