• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Brand Quest
• The New Manager
• BL Club
• Smartbuy
• Books

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth
• Events 2007

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Mumbai, Jan. 2 In spite of the overall downtrend, at least two automobile manufacturers managed to do well in December. The second largest carmaker Hyundai Motor India and premium carmaker Honda Siel Cars India showed an increase in sales while Tata Motors, Mahindra & Mahindra and TVS Motors showed a decline.

Hyundai Motor India Ltd (HMIL), the country’s second largest car manufacturer and the largest passenger car exporter, registered an overall 56 per cent growth in December at 38,402 units. Domestic sales grew 19 per cent while exports surged 97 per cent over the same month last year.

The company’s exports at 22,800 units in December exceeded domestic sales at 15,602 units. It posted a near 50 per cent growth for the calendar year at 4.89 lakh units. Honda Siel Cars India clocked nine per cent growth in December selling 3,667 units as against 3,363 units sold in the corresponding month last year.

Sources said sales were boosted by the generous dealer discounts offered to customers in an attempt to clear stocks.

Tata Motors’ sales of cars fell 31 per cent to 9,838 units. The Indica range sales at 6,749 units dropped 29 per cent, while the midsize Indigo range grew 21 per cent to 1,673 units. Sumo and Safari sales fell 59 per cent to 1,416 units. Tata Motors’ total vehicle sales in December dropped 47 per cent to 25,219 units against 47,678 units during the year-ago period.

Similarly, utility-vehicle maker Mahindra & Mahindra’s total vehicle sales slipped 30 per cent to 10,665 units in December. Utility vehicle sales of Mahindra decreased to 7,726 from 9,909 while the sales of Mahindra Renault’s midsize sedan Logan plummeted to 272 from 1,504 during the same month in the previous year.

TVS Motor clocked 89,285 two-wheeler sales in December against 97,576 units in the corresponding period last year, a fall of 8.5 per cent.

More Stories on : Cars | Performance | Tata Motors Ltd

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Copyright © 2009, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line