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Our Bureau

New Delhi , Aug. 13

PASSENGER car sales continued to see robust growth during July helped by new variant rollouts, discounts and attractive finance schemes.

Car sales grew 18.1 per cent in the month to 70,589 units as compared with 59,789 units in July 2003, data released by the Society of Indian Automobile Manufacturers (SIAM) showed.

While car sales of the market leader Maruti Udyog jumped 10.8 per cent to 34,722 units last month, sales of Hyundai Motor India registered a growth of 16.3 per cent to 12,958 units. Tata Motors posted a growth of 32.1 per cent at 12,830 units.

Two-wheelers buoyant

The two-wheeler segment too remained buoyant with both motorcycles and scooters seeing good growth in July. Sales of motorcycles and step-thrus grew by 25.2 per cent to 3,77,899 units while the scooter and scooterettee segment (helped by sales of gearless scooters) grew by 10.1 per cent to 86,030 units.

In the motorcycle and step-thru segment, market leader Hero Honda posted a 46 per cent rise at 2,01,577 units while its nearest rival Bajaj Auto sold 27.2 per cent more motorcycles at 96,202 units in July.

In the scooter and scooterettee category, Honda Motorcycle and Scooter India posted a 53.5 per cent jump at 38,104 units while Bajaj Auto's sales dipped by 26.5 per cent to 13,902 units.

Meanwhile, sales of commercial vehicles grew 17.8 per cent to 22,724 units over 19,278 units in July last year. Sales of medium and heavy (M&H) buses and trucks jumped 17.1 per cent at 13,928 units while that of Light Commercial Vehicles (LCVs) by 19 per cent to 8,796 units.

In the M&H category, truck sales posted a rise of 23.5 per cent to 11,894 units in the month as Tata Motors and Ashok Leyland registered a growth of 22.2 and 3.68 per cent at 8,045 and 2,448 units respectively.

More Stories on : Automobiles | Cars | Two/Three Wheelers

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