July 2016 Car Sales: Maruti Suzuki Registers Highest Ever Monthly Sales

Maruti Suzuki

(Maruti Suzuki Vitara Brezza has been one of the best performers consistently)

Market leader Maruti Suzuki has registered a growth of 12.7 per cent by selling 137,116 units in July 2016 as compared to 121,712 units in July 2015. This includes 125,778 units in the domestic market and 11,338 units of exports. Company also claims this is its highest ever sales in a month in the domestic market. The Utility vehicle segment which is heavily dominated by the company's latest SUV Vitara Brezza and other cars like the S-Cross registered a 151.3 per cent growth by selling over 17 thousand units in July 2016 as compared to 6916 units in July 2015. The compact segment compromising of Swift, Ritz, Baleno and Celerio also saw an increase of 4.1 per cent YoY as the company sold 50,362 units in this segment as compared to 48,381 units same month last year.

Overall in the FY 2016-17 from the period April 2016 to July 2016 the company sold 4,48,118 units in the domestic market registering a YOY growth of 7.7 per cent the company sold 4,16,099 units same period last financial year.

Maruti Suzuki's Exports saw a marginal increase by 0.3 per cent in July 2016 by exporting 11,338 units but overall exports this Financial year from April-July 2016 saw a major decline by -20.2 per cent by exporting 37,441 units as compared to 46,942 units in April-July 2015.
Here is how the Four-Wheelers sales fared for the month of June 2016.

Hyundai Motor India:

(The sales for the Hyundai Elite i20 have picked up)

Hyundai Motor India Ltd sold 41,201 units in the domestic market and exported 14,606 units registering a cumulative sales of 55,807 units for the month of July 2016, 12.9 per cent more than what the company saw in July 2015.

Commenting on the July sales Mr. Rakesh Srivastava, Sr. vice president sales and marketing, Hyundai Motor India Ltd. said, "Hyundai continues to sustain strong growth trajectory, volume of 41,201 units with growth of 12.9 per cent on the strength of strong pull performance of Grand i10, Elite i20 and Creta in a market showing improved customer sentiments led by good monsoons, low inflation, reduced interest rates and dropping fuel prices."
Click here to read the Four-Wheeler sales analysis for the month of May 2016.

Honda Cars India

(Honda BR-V is slowly getting more traction in terms of sales)

Lately, Honda Cars India have been reporting declining sales and July 2016 was no different. The company sold 14,033 units in the domestic market as compared to 18,606 units in the same month last year. Honda City remains the top selling model for the company with 4,317 units followed by Jazz with 3,517 units and the latest SUV BR-V's sale stood at 3,333 units. Honda Cars also exported 212 units in July 2016.

Renault India

 (This has been the biggest year on year growth for Renault ever)
Renault Kwid and the facelift on the Duster SUV helped Renault India to register a domestic sales of 11,968 units in July 2016 as against 1,686 units in the corresponding month last year, thereby posting a growth of 609.8 per cent. The cumulative sales figure for the period January-July, 2016 stands at 73,863 as against 25,032 in the corresponding period last year, thereby registering a growth of 195 per cent year on year.

(The Datsun redi-GO has garnered positive response from the target audiences)

Japanese manufacturer Nissan and its sister company Datsun also reported a growth of 126 per cent in July 2016. The company's domestic sales stood at 6,418 units July 2016 versus 2,841 units a year ago in July 2015. Commenting on the company's performance, Arun Malhotra, Managing Director, Nissan Motor India Pvt Ltd, said," Our sales have been gaining momentum over the past few months and the trend has been encouraging. The customers have responded positively to the new Datsun redi-GO".