Automobile sales - March 2015 India

Indian Automotive Sales - March 2015

• Two-wheeler maker Royal Enfield today reported 42 per cent jump in total sales in March at 33,679 units against 23,693 units in the year-ago period. Domestic sales also surged 42 per cent to 32,854 units last month from 23,170 units in March 2014, the company said in a statement. Exports during the month stood at 825 units as against 523 units last year.

• Hyundai Motor India on Wednesday reported 3.8% decline in total sales at 49,740 units in March.The company had sold 51,708 units in the same month last year, HMIL said in a statement.In the domestic market, Hyundai sold 39,525 units last month compared with 35,003 units in March 2014, up 12.9%.However, the company's exports declined by 38.9% to 10,215 units as against 16,705 units in the same period last year.

• Tata Motors saw strong growth in certain key segments, as passenger cars (excluding UV's), M&HCV and Exports grew by 33%, 20% and 5%, respectively, year-on-year; with the total commercial and passenger vehicles sales (including exports) in March 2015 of 52,479 vehicles, a growth of 3% over 51,184 vehicles sold in March 2014. The company's domestic sales of Tata commercial and passenger vehicles for March 2015 were 47,044 nos., a growth of 2% over 45,996 vehicles, sold in March 2014.

• VE Commercial Vehicles today reported marginal increase in total sales at 4,503 units in March 2015.The company, which is a 50:50 joint venture between Volvo Group and Eicher Motors, had sold 4,471 units in the year-ago period, VE Commercial Vehicles said in a statement. Domestic sales rose by 6 per cent at 4,186 units in March 2015 as against 3,944 units in the same month last year.Exports of Eicher trucks and buses declined 39.8 per cent to 317 units in March 2015 as against 527 units in the same month of previous year, it added.

• Mahindra & Mahindra Farm Equipment Sector (FES), a part of the USD 16.5 billion Mahindra Group, today announced a fall of 31% in tractor sales for March 2015. Total tractor sales (domestic and exports) during March 2015 stood at 12,254 units, as against 17,673 units for the same period last year. Domestic sales in March 2015 stood at 10,392 units, as against 16,571 units for the same period last year. Export for the month stood at 1,862 units, registering a growth of 69%.

•  Automaker Ford India today reported 33.62 per cent increase in total sales at 15,775 units in March.It had sold 11,805 units in March 2014. Ford India's domestic sales were at 5,253 units last month, down 17.35 per cent from 6,356 units a year ago, the company said in a statement.It said exports during the month stood at 10,522 units as compared to 5,449 units in March 2014, up 93 per cent.

• Two-wheeler manufacturer Honda Motorcycle & Scooter India (HMSI) today reported 1.81 per cent increase in total sales at 3,99,178 units in March.The company had sold 3,92,060 units in the corresponding month last year, HMSI said in a statement.HMSI's motorcycle sales, however, declined by 18.27 per cent to 1,45,508 units last month compared with 1,78,035 units in March 2014.

• Hero Motocorp Ltd, India's largest maker of motorcycles and scooters, said on Wednesday its sales for the year ended March 31 rose 6.2 per cent from a year earlier to 6.63 million units.The company's sales in the month of March rose 1.5 per cent from a year earlier to 531,750 units. "Thanks to a series of measures undertaken by the new government at the centre, the economic outlook is definitely better, and it is likely to fuel growth and help the industry," the company said in a statement.

• After Mahindra and Mahindra, it’s the company’s two-wheeler arm that has reported negative year-on-year sales for the month of March 2015. The two-wheeler arm of Mahindra and Mahindra sold 13,150 units in the month of March 2015 as against 19,591 units during same period last year. The company’s domestic sales stood at 11,826 units during the month against 18,953 during corresponding month last year while exports stood 1,324 units.

• TVS Motor Company today reported 7 per cent increase in total sales at 2,11,122 units in March. The Chennai-based company had sold 1,96,826 units in the same month last year. Total two-wheeler sales for the month grew by 6 per cent to 2,00,238 units as against 1,88,822 units in March 2014, TVS Motor Company said in a statement. Motorcycle sales increased by 13 per cent to 76,936 units last month compared with 68,158 units in the corresponding month a year earlier. Scooter sales during the month grew by 14 per cent to 54,666 units in March 2015 as against 47,766 units in the corresponding month last year. During the month, three-wheeler sales grew by 36 per cent at 10,884 units, from 8,004 units in March 2014. 

• GM India registers sales of 4,257 vehicles March 2015 Wed, Apr 1 2015General Motors India has sold a total of 4,257 vehicles March 2015 agast 6,601 units sold the correspondg month last year."The terest rates rema at high levels as the reductions repo rates were very mor and the overall economic growth contues to be sluggish. We hope that terest rates are reduced phases gog forward so that the consumer sentiment picks up the comg months leadg up to the festive season," said P. Balendran, Vice President, General Motors India.

• Honda Cars India today reported 23.17 per cent jump in its domestic sales at 22,696 units in March, 2015. The company had sold 18,426 units in March last year, Honda Cars India Ltd (HCIL) said in a statement. Last month, the company sold 1,642 units of small car Brio, 8,128 units of compact sedan Amaze, 3,049 units of Mobilio and 9,777 units of the mid-sized sedan City. 

• Hinduja Group flagship company Ashok Leyland today reported a 24 per cent increase in total sales at 12,754 units for March 2015, as against 10,281 units in the same month last year.Sales for its heavy and medium commercial vehicles increased by 29.91 per cent at 10,027 units in March as against 7,718 units in the year-ago period, the company said in a filing to the BSE.

•  Country's largest car-maker Maruti Suzuki India (MSI) today reported a marginal 1.6% decline in its total sales for March at 1,11,555 units as against 1,13,350 units in the same month a year ago.The company said its domestic sales increased by 1.4% during the month to 1,03,719 units as against 1,02,269 units in March 2014.

•  Toyota Kirloskar Motor today reported a 62.15 per cent increase in total sales at 14,623 units in March.The company had sold 9,018 units in March last year, Toyota Kirloskar Motor said in a statement.Sales in the domestic market also grew by 62.47 per cent during the month at 13,333 units as against 8,206 units in March 2014.

•  Mahindra and Mahindra Ltd on Wednesday said overall sales in March fell 12.4% to 45,212 units from 51,636 units in the same period a year ago. Domestic sales fell 15.1% to 41,193 units from 48,490 units a year earlier. Passenger vehicles sales fell 10% to 21,030 units from a year ago. Commercial vehicle sales fell 19% to 14,279 units. However, exports rose 28% to 4,019 units from 3,146 units in the same period a year earlier, the company said.

• Escorts Agri Machinery Segment (EAM) in March 2015 sold 4,223 tractors, fall of 31.7% against 6,187 tractors in March 2014. Domestic sales in March 2015 stood at 4,163 tractor against 6,087 in March 2014. Export for the month of March 2015 at 606 tractors against 100 tractors in March 2014.Earlier, the company sold 3,444 tractors in February 2015 against 4,627 tractors in February 2014. Domestic sales in February 2015 stood at 3,318 tractor against 4,581 in February 2014. Export for the month of February 2015 at 126 tractors against 46 tractors in February 2014.

•  Atul Auto, a three wheeler manufacturing company, today announced a 0.25% growth in sales to 3,222 units during March 2015 as against 3,214 units sold in same month last year.Sales for April 2014-March 2015 went up 10.76% over previous year period to 41,598 units.Shares of the company gained Rs 9.5, or 1.71%, to trade at Rs 565. The total volume of shares traded was 5,031 at the BSE .

• Two-wheeler maker Suzuki Motorcycle India today reported 6 per cent growth in sales in March at 32,431 units.The company had sold 30,594 units in the same month last year, Suzuki Motorcycle India Pvt Ltd ( SMIPL) said in a statement. 

• Japanese car maker Nissan today reported 32.91 per cent decline in its India sales at 4,717 units in March. It had sold 7,031 units in the year-ago period, Nissan Motor India said in a statement. Nissan sells various models in the country, including hatchback Micra, sedan Sunny and premium SUV Terrano. 

• Bajaj Auto, the second-largest motorcycle manufacturer has registered 18% drop in total sales to 2,50,604 units in March 2015 against 3,04,317 units in March 2014. The sales of the motorcycles decreased by 22% and stood at 2,09,937 units in the month under review against 2,70,578 units in March 2014. However, the company has reported 21% surge in Commercial Vehicles sales which stood at 40,667 units as compared to 33,739 units in month of March 2014.Meanwhile, the company’s total exports out of the above stood at 98,703 units, a decline of 16% as compared to 1,18,183 units sold in the corresponding month last year.