Most of the automobile majors from India have reported their official sales figures for the month of May 2011 today. There seems to be a good rise in most of the automobile sales with highest percentage sales being recorded by Skoda India with 100% YoY sales growth and General Motors (Chevrolet) recording the least percentage increase in sales.
Maruti Suzuki India Ltd. sold most number of cars which is a 104073 in May 2011 compared to 102175 in May 2011 registering a small percentage growth of 1.9% but maintaining its top position in the car sales in India.
Tata Motors also saw a rise of sales by about 7.5 percent with 56762 cars sold in May 2011 compared to the 52799 cars in the same month last year.
Hyundai Motors India sold 31,123 cars in India in May 2011 registering a domestic sales growth of about 14.6% over May 2010.
GM or Chevrolet India reported a sales increase or 104 units by selling a total of 8329 cars in May 2011 compared to 8225 cars in the same month last year.
Toyota Motors manages to grow sales by 24% because of its popular small car Toyota Etios which alone clocked about half of the total sales in May 2011 besides the Japan’s situation not been in proper shape because of natural calamity which hit Japan few month back.
Skoda India sold about twice the cars registering a strong 100% increase in sales to 2761 cars in May 2011 compared to May 2010.
If you compare the percentage growth, the highest growth has been recorded by Skoda, followed by Toyota, Hyundai, Tata, Maruti and GM.
In terms of absolute sales, the highest increase is reported by Hyundai followed by Tata, Maruti, Toyota, Skoda and GM.
Mr. Sandeep Singh, Deputy Managing Director, Marketing, TKM said:
“The actual impact of the suspension of production is seen in the drop in sales in May. The production was back to full swing from 20th May onwards, much earlier than expected. We are now back on track and are all set to launch the Toyota Etios Liva. With the increase in Etios production, we would like to bring down the waiting period to one month before we launch Liva. The launch will be as per schedule in the last week of June”.
Mr. Thomas Kuehl, Board Member, Sales and Marketing, Skoda Auto India said,
“We are very happy to announce 100% sales growth for the month of May, 2011. We are complementing our increasing sales with a rapid expansion of our dealership across the country. With a firm commitment towards being leaders in our segment, we are confident of continuing our growth.”
Commenting on the performance, Mr. P. Balendran, Vice President, GM India said,
“Although we have recorded a marginal growth, the numbers are not on the desired lines as the footfalls in the show-rooms have started coming down. Given the hike in interest rates, fuel prices, commodity prices, inflation etc., we expect the market to remain depressed in the coming months as well. Nevertheless, we remain committed to living up to the Chevrolet promise and fully leveraging our resources in India to offer customers across the country best-in-class products and services that meet their unique needs.”