MUMBAI: Major Indian auto makers like Maruti Suzuki, Hyundai and Hero MotoCorp today reported growth in their monthly sales for June, amid tough market conditions. However, some other companies such as Bajaj Auto, General Motors, Ford India, Honda Siel Cars and Tata Motors saw their domestic sales decline during the month.
The country's largest carmaker
Maruti Suzuki recorded domestic sales of 83,531 units in June this year
compared to 70,020 units in the year-ago period, registering a rise of 19.30
per cent.
Rival Hyundai Motor India's domestic
sales increased marginally to 30,450 units from 30,402 units in June 2011.
"The general inflationary
trend, high fuel prices, interest rates that are still high are keeping
sentiment low.
Unless any triggers get activated,
sentiment is not expected to improve very much," Hyundai Motor India
Director (Marketing and Sales) Arvind Saxena said.
Homegrown auto major Mahindra &
Mahindra's domestic sales stood at 38,951 units during the month against 33,772
units in June 2011, up 15.34 per cent.
Toyota Kirloskar Motor reported a
22.15 per cent increase in car sales at 14,700 units during June, 2012, as
against 12,034 units in June last year.
Nissan Motor India said its sales
for last month increased by over two-fold at 4,167 units. It had witnessed
sales of 1,632 units in the corresponding period last year.
"Though the Indian economy and
the local automobile market have been going through some difficulty in the
recent times, we have witnessed encouraging sales," Nissan Motor India
Managing Director Ishida Takayuki said.
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