Sales Figures News

For markets other than Korea, sales declined 3 percent to 329,087 units compared with 339,237 units a year earlier as weaker sales in emerging markets offset brisk deliveries in advanced markets such as the US

According to TVS Motor Company, the festive season this year shifting to October, as well as planned adjustment in production of stocks in the transition from BS-IV to BS-VI reflects the sales difference between November 2018 and November 2019.

Hero MotoCorp's international sales however, continue to do well with the company reporting a 17 per cent increase in exports in November 2019.

The only silver lining is that overseas sales of India's largest exporter of motorcycles posted highest-ever volumes in November 2019.

The company registered a massive drop of more than 50 per cent in sales in November compared to the same period last year.The company had sold 13,006 units in domestic market in November 2018.

Mahindra & Mahindra announced its sales report for November 2019 and the automaker registered a seven per cent drop in total domestic sales (passenger + commercial) at 38,614 units, as opposed to 41,564 units sold during the same month last year. The company's exports also witnessed a decline of 26 per cent last month at 2621 units, down from 3537 units shipped in November 2018. In the passenger vehicles segment, the automaker reported a 10 per cent drop in volumes at 14,637 units last month, as against 16,188 units sold in November last year. The UV segment too registered a six per cent drop at 14,161 units, down from 15,049 units sold during the same month last year. The cars and vans segment (including EVs) saw 476 units sold in November, a drop of 58 per cent, as compared to 1139 units sold in November last year.

Indian auto major Tata Motors reported a drop of 25 per cent in domestic sales at 38,057 units in November 2019. The automaker saw a sharp decline in volumes for passenger and commercial vehicles when compared to the 50,470 units sold during the same month last year. The automaker witnesses a constant decline in volumes despite a positive festive season, even as the auto sector has shown signs of recovery over the past month. In the passenger vehicle segment, Tata's volumes dropped to 10,400 units in November this year, a drop of 39 per cent over 16,982 units that were sold in November last year.

Hyundai Motor India has announced a growth of two per cent in domestic sales for the month of November 2019. The South Korean auto giant sold 44,600 units last month, as opposed to 43,709 during the same month last year. Meanwhile, exports for the previous month saw a sharp incline in volumes with the company shipping 15,900 units, a growth of 25.2 per cent as opposed to 12,702 units exported in November 2018. Hyundai's total sales (domestic + exports) stood at 60,500 units in November this year, growing by 7.2 per cent over 56,411 units sold during the same month last year.