Maruti Suzuki sold 1,28,338 cars in December 2018 as compared to 1,30,066 cars in December 2017. Photo: Reuters
Maruti Suzuki sold 1,28,338 cars in December 2018 as compared to 1,30,066 cars in December 2017. Photo: Reuters
LIVE UPDATES

December auto sales LIVE: Bajaj declines 18%, Ashok Leyland down 20%

Indian auto makers—on the first day of the new year—reported their sales for the month of December 2018. Here are the updates

01 Jan 2019, 03:22:00 PM IST

Ford India sales down 18% in December

New Delhi: Ford India Pvt. Ltd on Wednesday reported 18% decline in total sales at 24,420 units in December 2018. The company had posted total sales of 29,795 units in the year-ago month, Ford India said in a statement.Domestic wholesales stood at 5,840 units last month against 5,087 units in December 2017, a growth of 14.8%, it said. Exports in December were at 18,580 units, down 24.8% from 24,708 units in December 2017, the company added.In 2018, Ford clocked domestic sales of 97,804 units, up 12% from 87,588 units in 2017. Total sales for the year were at 265,714 units, up from 262,784 units in 2017.Commenting on the sales performance, Ford India president and managing director Anurag Mehrotra said 2018 was a turnaround year for Ford in India. “Despite headwinds due to regulatory and economic changes in India and export markets, we are confident of keeping the momentum in 2019,” Mehrotra said. PTI

01 Jan 2019, 12:05:00 PM IST

Ashok Leyland sales down 20% in December

New Delhi: Hinduja flagship firm Ashok Leyland Ltd on Wednesday reported a 20% decline in total commercial vehicle sales to 15,493 units in December 2018. The company had posted sales of 19,251 units in the year-ago month, Ashok Leyland said in a regulatory filing.Medium and heavy commercial vehicle sales were at 11,295 units last month, against 15,948 units in December 2017, down 29%. Light commercial vehicle sales stood at 4,198 units, compared with 3,303 units in December 2017, an increase of 27%, it said. PTI

01 Jan 2019, 03:15:00 PM IST

Bajaj Auto sales up 18% in December

New Delhi: Bajaj Auto Ltd on Wednesday reported 18% increase in total sales in December at 346,199 units as against 2,92,547 units in the same month previous year. Motorcycle sales grew 31% to 298,855 units in December 2018 against 228,762 units in December 2017, the company said in a BSE filing.Commercial vehicles sales declined by 26% to 47,344 units during the month compared to 63,785 units in the year-ago period. Exports stood at 165,848 units in the month as against 143,038 units in the same month previous year, an increase of 16%. PTI

01 Jan 2019, 06:22:00 PM IST

Honda Cars sales up 4% to 13,139 cars in December

New Delhi: Honda Cars India Ltd reported on Tuesday 4% increase in its domestic sales to 13,139 units in December. The company had sold 12,642 units in India in December 2017, Honda Cars said in a statement. The company also exported 315 cars last month.“The market continued to remain challenging in December. However, with lucrative year-end offers on many of our models and strong performance of new models Amaze and CR-V, Honda Cars recorded 4% sales growth in December 2018,” said Rajesh Goel, senior vice president and director (sales and marketing) at Honda Cars India.The company said it has registered a cumulative growth of 3.7% selling 134,797 units during April-December period in 2018, as against 129,964 units in April-December 2017.

01 Jan 2019, 06:18:00 PM IST

Tata Motors sales fall 8% to 50,440 units in December

New Delhi: Tata Motors Ltd reported Tuesday an 8% decline in domestic sales to 50,440 units in December as compared with 54,627 units in the year-ago period. The company’s passenger vehicle sales in the domestic market rose 1% to 14,260 units last month, compared with 14,180 units in December 2017, the company said in a statement.“In December 2018, we have strived to maintain our growth trajectory during what was a rather sluggish period for the entire auto industry,” said Mayank Pareek, president (passenger vehicles) at Tata Motors.The company’s commercial vehicle sales in the domestic market stood at 36,180 units in December, down 11% from 40,447 units in the same month last year.Total exports during the month stood at 3,999 units, against 6,293 units in December 2017—a dip of 36%.

01 Jan 2019, 04:27:00 PM IST

Royal Enfield sales fall 13% in December

Eicher Motors Ltd’s motorcycle unit Royal Enfield on Tuesday reported a 13% y-o-y to 58,278 motorcycles in December, according to its stock exchange filing.Sales of Royal Enfield’s 350cc motorcycles, including the Classic 350, fell 15% to 53,790 units. Sales of models with engine capacity up to 500cc, including the Himalayan and Classic 500 bikes, rose 21%. Royal Enfield exported 2,252 units in December, up 41% y-o-y. The company is yet to begin sales of its 650cc twins—Continental GT and Interceptor.The slump in Royal Enfield sales comes even as new entrant Jawa Motorcycles reported that it is sold out till September 2019.ALSO READ | ‘Royal Enfield has taken the game to 650cc from 350cc’ALSO READ | Royal Enfield maker in the hunt for a magic bullet

01 Jan 2019, 04:13:00 PM IST

Hyundai car sales up 5% in December

New Delhi: Hyundai Motor India Ltd on Tuesday reported 4.6% increase in domestic sales at 42,093 units in December 2018. The company had sold 40,158 cars in December 2017, the carmaker said in a statement. In 2018, Hyundai sold 710,012 units, its highest ever in a year, as compared with 678,221 units in 2017, it added.Domestic sales during the year rose 4.3% to 5,50,002 units as compared with 527,320 units in 2017. Exports during the year rose to 1,60,010 units, up 6% from 150,901 units in 2017.Commenting on the sales figures, Hyundai’s India sales head Vikas Jain said that the company achieved its best-ever annual domestic sales on the back of the demand for the all-new Santro, Grand i10, Elite i20, Verna and Creta.“Our blueprint for 2019 is to develop innovative mobility solutions and technologies that combine smart, connected and intelligent driving,” said Jain. PTI

01 Jan 2019, 03:22:00 PM IST

Mahindra tractor sales down 6% in December

New Delhi: Mahindra and Mahindra Ltd on Tuesday reported 6% decline in its total tractor sales at 17,404 units in December 2018. The company had sold 18,488 units in the year-ago month, the automaker said in a statement. Domestic tractor sales were at 16,510 units last month as against 16,855 units in December 2017, down 2%, it added.Exports were also down 4% last month at 894 units from 1,633 units in December 2017, the company said.Mahindra president (farm equipment sector) Rajesh Jejurikar said: “Even though the rabi crop sowing has been lower than desired, we hope that the government’s initiatives in the agri and rural sectors would enable tractor sales momentum in Q4FY19.”

01 Jan 2019, 03:01:00 PM IST

Two-wheeler sales likely to grow at 8-10% in FY19: Icra

Two-wheeler sales in India is expected to grow at 8-10% in 2018-19 amid concerns over increasing cost of acquisition disturbing positive demand drivers, according to ratings agency Icra Ratings Ltd.Supported by growing per capita income, improved farm sentiment following near-normal monsoon over the last three financial years, higher minimum support price (MSP) and farm loan waiver in select states, the domestic two-wheeler industry volumes are expected to grow at 8-10% during FY19, Icra said in a statement. (read more)

01 Jan 2019, 02:58:00 PM IST

Eicher Motors’ CV sales up 2.7% in December

Commercial vehicles (CV) maker Eicher Motors Ltd on Tuesday said it sold 6,113 buses and trucks in December 2018 as compared to 5,995 units in the year-ago period. According to Eicher, Volvo Trucks India’s sold 123 vehicles in the month under consideration as against 132 vehicles last year. (read more)

01 Jan 2019, 02:30:00 PM IST

Atul Auto sales up 50% in December

Gujarat-based three-wheeler maker Atul Auto Ltd on Tuesday said its sales in December 2018 rose nearly 50% to 4,332 units from 2,890 units in December 2017. Total sales in the April-December period of fiscal year 2018-19 rose 21.36% to 37,767 as against 3.1,120 units in the corresponding period in the previous fiscal. (read more)

01 Jan 2019, 02:24:00 PM IST

Isuzu sells 817 vehicles in December

Isuzu Motors India Pvt. Ltd on Tuesday said it sold 817 vehicles In December as against 974 units in the year-ago period. Reuters

01 Jan 2019, 02:12:00 PM IST

Muted auto sales fail to deter component makers

Auto component makers have drawn up ambitious capital expenditure plans because of the need to upgrade their technologies in line with upcoming stricter vehicle emission norms and other regulations in the automobile sector.The investments are being planned despite moderating sales volume and pressures on profit margins. Crisil Ltd pegs auto component companies to spend ₹24,000 crore on capex over the next two years, 30% more than the preceding two years. (read more)

01 Jan 2019, 02:08:00 PM IST

Escorts agri-machinery sales rise in December

Escorts Ltd on Monday said total sales for agri-machinery segment rose in December 2018, with 4,598 tractors sold during the month as against 3,606 units in the year-ago period. Reuters

01 Jan 2019, 02:03:00 PM IST

Mahindra total sales up 1% in December

Mahindra and Mahindra on Monday said it sold 39,755 vehicles in December 2018 as against 39,200 units in December 2017—a 1% rise year-on-year. Of the total sales, passenger vehicles comprised 15091 units, as against 15543 units a year ago, and tractor sales came in at 16510 units compared to 16855 units in year-ago period. Exports during the month, however, rose to 3065 units compared to 2,221 units in December 2017.Mahindra will launch its new compact SUV, the Mahindra XUV300, in February in a segment dominated by Maruti Suzuki Vitara Brezza. Built on the X-100 platform, which has produced SsangYong Tivoli, XUV300 will be launched in both the petrol and diesel variants. Mahindra’s Korean subsidiary SsangYong has sold over 2.6 lakh Tivoli in over 50 countries since its launch in 2015. Reuters

01 Jan 2019, 01:37:00 PM IST

Maruti Suzuki steers away from diesel engine cars

Maruti Suzuki India Ltd plans to shut its diesel engine assembly plant in Gurgaon, in the biggest sign yet of a grim future for diesel cars in India. The Suzuki Motor Corp. unit might either convert the diesel engine line in its Gurgaon plant to produce petrol engines or add an assembly line for petrol engines at its plant in Manesar, said three people directly aware of the development. Both the factories are located in Haryana. (read more)

01 Jan 2019, 01:23:00 PM IST

Toyota car sales up 10% to 11,830 units in December

New Delhi: Toyota Kirloskar Motor India Pvt. Ltd has reported a 10% increase in car sales in December to 11,830 units, compared with 10,793 units in the same month last year. For 2018, Toyota’s annual domestic sales rose 9% to 1,51,474 units, against 1,39,566 units last year, the company said.“We’re happy to close the year with a series of positive milestones despite the dampening effect on consumer sentiment owing to hike in fuel prices, higher interest rates, and increase in insurance premium,” said Toyota India’s deputy MD N. Raja. The buying sentiment had seen a slowdown in the past few months owing to adverse effects of macroeconomic factors, yet the industry hit back with a steady growth in car sales, he added.In December, Toyota and Suzuki deepened their alliance—a move that benefits Maruti Suzuki in a big way, Mint reported on 26 December. Toyota wants to learn from Maruti Suzuki the art of selling small cars. Maruti in turn wants to build a portfolio of bigger, premium cars. The companies will go for cross badging of their Corolla, Baleno and Vitara Brezza cars. PTI

01 Jan 2019, 12:05:00 PM IST

Maruti Suzuki reports 1.3% decline in December car sales

New Delhi: India’s largest car maker Maruti Suzuki India Ltd today reported 1.3% decline in sales at 1,28,338 units in December 2018. The company had sold 1,30,066 units in December 2017, Maruti Suzuki said in a statement. Domestic sales were up 1.8% at 1,21,479 units in December as against 1,19,286 units in the year-ago month.Sales of small cars, such as the Alto and Wagon R, were at 27,661 units as compared to 32,146 units in December 2018, down 14%. Sales of compact hathback segment, including models such as the Swift, Celerio, Ignis, Baleno and Dzire, were down 3.8% at 51,334 units as against 53,336 units in December 2017, the company said.The carmaker’s sedan the Suzuki Ciaz sold 4,734 units as compared to 2,382 units in the same month a year ago. Sales of utility vehicles, including Vitara Brezza, S-Cross and Ertiga were up 4.9% at 20,225 units as compared to 19,276 units in the year-ago month, Maruti said.Exports in December were down 36.4% at 6,859 units as against 10,780 units in the corresponding month last year, it said. PTI

Close