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New Delhi:
Hyundai Motor India Ltd (HMIL), has reported a 32.3 per cent growth in exports
for the month of October 2007, as compared to October 2006. Altogether,
HMIL sold 28,136 units this October, with the domestic market accounting for 18,207
units, and exports totalling 9,929 units. For
October 2006, the cumulative sales stood at 26,110 units, while domestic sales
accounted for 18,603 units and the exports for 7,507 units. Overall
sales at Hyundai Motor India grew 7.8 per cent in October 2007 as compared to
the same month last year. Commenting
on the October sales, Arvind Saxena, vice-president of marketing and sales at
HMIL, said, "Export sales have been good for Hyundai Motor India this month,
and we feel that with the launch of the new compact car i10 and the onset of the
festive season we will be further able to boost our sales in the coming month
both in the domestic and overseas market". The segment-wise sales
distribution for the month of October 2007 for HMIL was as under:
- A1 Segment —
24,016 units;
-
A2 Segment — 4,061 units;
-
A3 Segment — 18 units;
-
A4 Segment — 31 units;
-
SUV Segment — 10 units.
For
its part, General Motors India has seen a never-before record growth of 95 per
cent in sales in October 2007, compared to the corresponding period last year.
GM India sold
6,139 units in October 2007, against 3,153 units during the same month last year,
making it the highest-ever monthly sales figure achieved by GM India since its
inception. The
October 2007 sales comprise of 1,769 units of the Chevrolet Tavera, 1,621 units
of the Chevrolet Aveo, 436 units of the Chevrolet Optra and 2,313 units of the
Chevrolet Spark. GM
India has seen a 58 per cent growth for the period of January-October 2007, over
the corresponding period last year, having sold 48,367 units during the period,
compared to 30,686 units between January and October 2006. According
to P Balendran, vice president, GM India, “The sales figures this month
clearly reflect the customer’s confidence in the Chevrolet brand and the
consistent growth in monthly sales is an indication of the success of all our
carlines. Achieving these levels of growth demonstrates Chevrolet has become the
most admired and preferred automotive brand in India in terms of styling, performance,
value proposition and other product attributes.” GM
India had announced special pricing from 12th to 22nd October 2007 on the Chevrolet
Spark, as part of the centennial celebrations of General Motors Corporation, which
received an overwhelming response with the company receiving bookings for 12,
000 units of the car during the 10-day offer. Other
cars from the wholly owned subsidiary of General Motors Corporation include he
diesel Chevrolet Optra Magnum, the Chevrolet Aveo, the Chevrolet SRV, the hatchback
Chevrolet Aveo U-VA, the Chevrolet Spark and the Chevrolet Tavera. Maruti
reports growth in sales Car market leader Maruti Suzuki has reported
sales of 64,258 vehicles in the domestic market, during October 2007. The
company had reported sales of 55,894 vehicles in the domestic market in October
2006. Including
exports of 5,157 units, Maruti Suzuki sold a total of 69,415 vehicles during October
2007. According
to the company, Maruti’s volume in the domestic A2 segment grew by 20.9
per cent, and by 54.7 per cent in A3 segment during the month as compared to sales
in October 2006.
|
Segment |
Models |
October |
Till
October |
April''06
- March''07 | |
2007 |
2006 |
%
Change | 2007-08 |
2006-07 |
%
Change | | A1 | M800 |
4477 |
6354 |
-29.5% |
39142 |
46799 |
-16.4% |
79245 |
| C | Omni,
Versa | 8110 |
7753 |
4.6% |
50194 |
45085 |
11.3% |
83091 |
| A2 | Alto,
Wagon-R, Zen, Swift | 47077 |
38940 |
20.9% |
280179 |
230137 |
21.7% |
440375 |
| A3 | Esteem,
SX4*, Baleno* | 4177 |
2700 |
54.7% |
29351 |
18660 |
57.3% |
29697 |
| Total
Passenger Cars | 63841 |
55747 |
14.5% |
398866 |
340681 |
17.1% |
632408 |
| MUV | Gypsy,
Grand Vitara* | 417 |
147 |
183.7% |
2150 |
1835 |
17.2% |
3221 |
| Domestic |
64258 |
55894 |
15.0% |
401016 |
342516 |
17.1% |
635629 |
| Export |
5157 |
4269 |
20.8% |
29393 |
20278 |
45.0% |
39295 |
| Total
Sales | 69415 |
60163 |
15.4% |
430409 |
362794 |
18.6% |
674924 |
- SX4 launched
in May 2007, Grand Vitara launched in July 2007, Baleno figures are for 2006-07
TVS
two-wheeler sales down 9 per cent y-o-y in October ''07 TVS Motor
Company has reported an increase of 13 per cent in sales over September 2007,
having recorded two wheeler sales of 129,614 units in October 2007. However, this
is 9 per cent lower as compared to the 142,325 units in October 2006. The
company expects sales to pick up with the launch of TVS Flame, which will strengthen
the company''s presence in the executive segment. The executive segment accounts
for over 50 per cent of the motorcycle market. New
product launches across various segments that have been on the drawing board for
some time, including that of the TVS Apache RTR EFI and TVS Scooty Teenz EV are
reportedly on course, according to a company release. TVS
plans to leverage the growth prospects of the three-wheeler market through the
launch of its three-wheeler variants over the coming months. During
the month, the company''s motorcycle sales recorded 67,752 units compared to 92,328
units recorded in October 2006. Though lower than the same period last year, the
month-on-month growth recorded was 25 per cent. TVS’s
recently launched upgrade TVS StaR City (110cc) has received good response, according
to the company. New product launches, that of the TVS Flame and TVS Apache RTR
EFI would plug the void in the company’s product portfolio in those respective
segments, and help the company to leverage a more full product portfolio in future,
according to the release. In
the scooter segment, TVS Scooty continued grow over last year, posting a 23 per
cent growth with 28,119 units in October 2007, as compared to 22,836 units during
the same period last year. The launch of TVS Scooty Teenz EV is expected to further
strengthen this segment as well. Exports
witnessed a quantum jump over the previous year, with the company exporting 11,046
units of two wheelers in October 2007, showing a growth of 53 per cent over October
2006''s figures of 7,232 units.
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