Sales Figures Reviews

Honda Cars India Limited or HCIL has posted a total sales growth of 37.5 per cent in the month June 2018 as compared to the same time period last year. The total sales figures for Honda Cars India stood at 17,602 units (domestic sales) spurred by the popularity of the likes of the new Honda Amaze that clocked an impressive figure of 9103 units sold. The Honda Amaze had similarly sold over 9789 units in May 2018 overtaking the popular Honda City as Honda India's largest selling offering in India. Exports for the month of June 2018 stood at a total of just 486 units for Honda Cars India.

Hyundai, India's second largest automaker after Maruti Suzuki has registered a positive growth of 19.5 per cent with overall sales at 60,779 units as compared to 50,853 units in June 2017. From the total sales, the domestic sales accounted for 45,371 units in June 2018, up 21 per cent. Exports were up 15.9 per cent to 15,408 units in June 2018 as compared to 13,291 per cent in the same time period last month. The growth was led by the new facelifted Hyundai Creta with the compact SUV getting over 70,000 enquiries and over 14,000 bookings since its launch in late May.

In yet another month of strong sales, Tata Motors showcased a growth of 54 per cent overall in the month of June 2018 as compared to the same time period in 2017. The automaker, which has a large passenger car and commercial vehicle business showcased healthy growth in both sectors. The overall sales by Tata Motors in June 2018 stood at 56,773 units as compared to only 36,836 units in the previous year. The commercial vehicle business as always dominated the sales charts clocking 38,560 units, up by 50 per cent as compared to 25,660 units in June 2017. In comparison, the sales for the passenger vehicle units for Tata Motors was up by 63 per cent to 18,312 units. In terms of first quarter results for the current financial year 2018-2019, Tata Motors has showcased a huge improvement with overall sales figures pegged at 1,64,579 units as compared to the first quarter in the last financial year, a growth of 64 per cent.

With fuel prices fluctuating every day, trade wars looming with countries like the United States and with varying taxes, one would expect the Indian automakers to face difficulties getting their new cars out of their showrooms. However, beating all these circumstances, car sales for the month of June 2018 were higher than the same time last year and the automotive industry in India seems to be on an upward growth trend once again.

Mahindra and Mahindra sales for its automotive sector saw a growth of 25 per cent in June 2018 as compared to the same period last year. The automaker, which specializes in the utility vehicle segment, sold a total of 45,155 vehicles in June 2018. Passenger car sales for Mahindra, which includes the likes of the popular Scorpio, XUV500 and Bolero were up by 12 per cent as compared to June 2017, a total of 18,137 units.

Maruti Suzuki, India's largest automaker has shown a significant growth in sales in June 2018 as compared to the same period last year. Overall sales for Maruti Suzuki in June 2018 were up by 36.3 per cent as compared to June 2017. This includes a growth of 45.5 per cent in domestic sales, which stood at 1,35,662 units in June 2018. Exports however were lower than June 2018 with only 9319 units as compared to 13131 units in June 2017 a drop of 29 per cent. When it comes to the first quarter in the 2018-2019 financial year (April-June), Maruti Suzuki saw a growth of 24.3 per cent overall. Domestic sales were up by 25.9 per cent as compared to Q1 FY17-18 at 4,90,479 units. Exports for this period were at 26,639 units.

The Innova Crysta has recorded 43 per cent growth in April-June 2018 as compared to the same quarter last year while the newly launched Yaris continues to sell in good numbers for the company.

In April and May of the financial year 2018-19, Hero despatched 2 lakh more two-wheelers than its former partner Honda Motorcycle and Scooter India.