Auto India, Car India

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During the festive season, in a turnaround signaling an uptick in customer sentiment, two of the three leading carmakers, Tata motors and Hyundai Motor companies posted crucial sales gains in the month of September. But, with constant labor problems affecting the production, Maruti Suzuki, another leading car maker is constantly facing slowdown in their sales for the third month. Hyundai Company has recorded industry performance with almost 12.4% growth. This company has sold almost 57,808 cars against 51,444 units in year-ago period maintained by its small cars Verna, i10 and i20 sedan.

The Companies like Volkswagen, Mahindra, Toyota and GM even recorded huge sales on strong demand for their newly launched small cars. “We will launch our much awaited compact car Eon this month. In spite of a sluggish market we expect Eon to boost our sales and increase market share,” Arvind Saxena, director (marketing and sales) at Hyundai Motor India said.

The sales of Maruti Suzuki were down 21% at 85,565 units during the month of September against 108,006 in year-ago month. The production affected the sedan called SX4 badly with sales falling 90% at 196 cars against 1,965 in similar period. Last month, the 6% more has been sold by Tata motors at 27,137 cars against 26,319 in the month of September 2010. According to Mumbai-based automaker, Tata Nano sales were 2,936 units, lower by almost 47% in the month of September last year. More sales have been done by GM that is at 17% at 10,112 cars led by newly introduced Beat diesel while Toyota rode on Etios, Etios Liva to post nearly 105% growth to 12,807 cars.

“Growth was primarily driven by the recently launched most fuel efficient vehicle Chevrolet Beat Diesel. But the market continues to be sluggish due to repeated hike in interest rates and rising fuel prices, which is creating tremendous pressure in the automobile market,” said P Balendran, vice president, General Motors India.

According to Ford India, it has sold nearly 10,270 units without giving a year-ago figure. Nearly 4,758 units have been sold by Honda Siel in the month of September 2011 against 7,728 units in year-ago period with crucial drop in the sales of the city.