Automobile sales soar in Indian market, exports jump

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New Delhi: Automobile majors in the country have posted robust sales figures in May reflecting the growing domestic demand.

Tata Motors reported a 41.26 percent increase in sales in May at 56,779 units compared 40,196 units in May 2009. Out of this domestic sales accounted for 52,801 units against 38,392 units in the same month last year, a growth of grew by 37.53 percent. Exports jumped over twofold at 3,978 units over 1,804 units.

Its passenger vehicles sales in the domestic market stood at 31,475 units against 23,004 units, up 36.82 percent. the company said.

In the commercial vehicles segment, domestic sales were at 31,475 units compared with 23,004 units, up 36.82 percent, while light commercial vehicle sales posted a 22 percent growth at 17,615 units and medium and heavy commercial vehicle sales stood at 27,017 units, up 62 percent.

Likewise, Maruti Suzuki India (MSI) reported its highest monthly sales ever at 102,175 units in May against 79,872 units, up 28 percent. It crossed one lakh units in monthly sales for the first time. Domestic sales stood at 90,041 units, a 27.20 percent increase from 70,785 units, while exports surged by 33.53 percent to 12,134 units from 9,087 units. The A2 segment (comprising Alto, WagonR, Estilo, Swift, A-Star and Ritz) saw a 16.60 percent growth at 62,679 units compared to 53,760 units and the A3 segment sales (consisting of SX4 and DZiRE) increased by 60.47 percent to 10,883 units.

Total passenger car sales rose 26.35 percent at 89,073 against 70,497 units. Hyundai Motor India reported a rise of 15.52 percent in domestic sales at 27,151 units against 23,503 units.

Total sales in May increased 7.30 percent to 46,808 units from 43,624 units in the same month last year. Toyota Kirloskar Motor also reported a 54.18 percent jump in sales at 6,050 units. It sold 3,924 units in the corresponding month last year. Besides, General Motors India saw its sales climbing by 60.99 percent to 8,225 units against to 5,109 units in the same month last year. Meanwhile, in the two-wheeler segment Bajaj Auto reported a 62 percent rise in total sales at 299,442 units, compared to 185,341 vehicles.

Total motorcycle sales rose 63 percent at 269.488 units, while scooter sales were at 648. Similarly, Hero Honda and TVs both reported a rise in sales for May.

While reported its highest monthly sales ever at 435,933 units registering 13.92 percent increase TVS Motor Company reported a 30.44 percent increase in two-wheeler sales in May to 154,667 units.

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