Maruti, Hyundai car sales accelerate in April 2008

Mumbai: The car market is off to a rocking start to the new fiscal year, with market leader Maruti Suzuki posting sales growth of 23.8 per cent in April 2008.

Maruti Suzuki India Limited sold 59,539 vehicles in the domestic market in April 2008. Comparatively, the company had sold 48,652 vehicles in the domestic market in April 2007. Cumulatively, Maruti Suzuki India Limited sold 62,336 vehicles in April 2008, including 2,797 units of exports.

Maruti's volume in the domestic A2 segment grew by 27.3 per cent, in A3 segment volume grew by 97.1 per cent. In  the C segment, it grew by 25.9 per cent during the month, as compared to sales in April 2007.
Maruti's sales numers for April 2008 are given below:

Segment Models April
April'07 - March'08
% Change
A1 M800 4458
6324 -29.5%
C Omni, Versa
7705 6118 25.9%
A2 Alto, Wagon-R, Zen, Swift
33878 27.3%
A3 SX4, Dzire, Esteem, Baleno 4187 2124 97.1%
Total Passenger Cars 59471 48444 22.8%
MUV Grand Vitara *, Gypsy 68 208 -67.3%
Domestic 59539 48652 22.4%
Export 2797 1700 64.5%
Total Sales 62336 50352 23.8%
SX4 launched in May 2007, Grand Vitara launched in July 2007, DZire launched in March 2008, Baleno figures are for 2007-08

Competitor Hyundai Motor India Limited (HMIL) too has posted strong 47.8 per cent growth in April, 2008 cumulative sales.

HMIL's total sales for April '08 were 40,001 units. While the domestic market accounted for 21,501 units, exports totalled 18,500 units in April, 2008. The cumulative sales for April, 2007 had been 27,069 units with the domestic sales at 15,728 units and exports 11,341 units.

Commenting on the sales, Arvind Saxena, Senior VP for Marketing and Sales at HMIL said, ''HMIL sales for April had been robust with a very healthy growth and we feel that the budget has been a contributory factor. The i10 too has done exceedingly well to establish itself as a major player in this segment with domestic sales alone accounting for over 50,000 units in just six months which is the fastest ever for any model and with the highest growth rate in this segment things are looking good for HMIL''.

For the quarter ending January - April 2007, HMIL had sold 106,995 cumulative units with a split of domestic 67,947 units and exports 39,048 units. Compared to same period last year, the cumulative sales stand at 153,703 units with domestic sales accounting for 89,803 and exports 63,900 units. This translates in to a quarterly jump in cumulative sales of 43.7 per cent with domestic sales growing at 32.2 per cent and exports 63.6 per cent.

The segment-wise cumulative sales in the month of April, 2008 are as follows:

  • A1 Segment 17334 units;
  • A2 Segment 1437 units;
  • A3 Segment 2668 units;
  • A4 Segment 3 units;
  • A5 Segment 50 units; and
  • SUV Segment 9 units.