Tuesday, February 1, 2011

Tata, Maruti, Ford sales up, Hyundai dips in Jan-11

Ford Figo continues its Honeymoon Period

Driven by the huge demand for hatchback "Figo", Ford India has reported a four-fold increase in January 2011 at 10,026 units against 2,453 units sold over the same period of last year.

By reaching the 10,000-unit monthly sales milestone, Ford has surpassed its previous monthly record of 9,478 units sold in March 2010, Ford India said in a statement.

The company had sold 8,600 units of Figo alone in January, making it the hatchback's best sales performance since its launch in March 2010.

"2010 was a landmark year for us, with Ford nearly tripling its annual sales volume. We have carried the momentum of last year's terrific performance into the new year by crossing the 10,000-unit sales mark," Ford India Managing Director Michael Boneham said.

In 2010, Ford India had sold a total of 83,887 units, a jump of 184 per cent against the corresponding units sold in the same period in 2009.

The statement said that since its launch in March 2010, the Figo alone had sold 68,000 units.

"It's extremely gratifying to see Figo resonating with customers as a great value for money vehicle. It is also heartening to see Figo winning so many prestigious awards in the automobile industry," Boneham added.

At Ford's manufacturing facility in Maraimalai Nagar, Ford India manufactures Endeavour, Ikon, Fiesta and the Figo. It employs about 5,000 persons at the facility.

Hyundai Sales down by 17.7%

Hyundai Motors India (HMIL), a wholly-owned subsidiary of Hyundai Motor Company, registered a decline of 17.7 per cent in total sales of 43,316 units in January as compared to 52,628 units in the same period last year.

The domestic sales grew marginally at 2.4 per cent in the month under review, selling 30,306 units as compared to 29,601 units.

After a rise in December, exports for January, 2011 dipped 43.5 per cent at 13,010 units from 23,027 units in the year-ago period.

The country's second-largest car maker is yet to respond on the poor exports and lower sales growth.

The A2 segment that includes Santro, i10 and i20 saw a sales of 39,343 units while the Accent and Verna in the A3 Segment grabbed a sale of 3,957 units.

The 'Next Gen i10' grew high on popularity, recording a sales of 16,694 units in the domestic market.

Sonata Transform in the premium sedan segment sold 11 units while the Santa Fe in the SUV (Special Utility Vehicle) segment made a sales of just five units.

HMIL Director (Marketing and Sales) Arvind Saxena said: "We expect the domestic market to continue to grow although the rate might come down to low double digit this year."

Maruti Suzuki Sales up by 14.7%

The country's largest car-maker Maruti Suzuki India today reported a 14.73 per cent jump in sales during January, 2011, to 1,09,743 units.

Sales in the same month of the previous year stood at 95,649 units, Maruti Suzuki India (MSI) said in a statement.

The company's sales in the domestic market stood at 1,00,422 units in January, 2011, a 23.84 per cent increase from 81,087 units in the year-ago period, it added.
MSI's exports in January, 2011, however, fell by 35.99 per cent to 9,321 units from 14,562 units in the same month last year, the company said.

Sales of the company's M800 model also declined by 24.77 per cent to 1,876 units from 2,494 units in January, 2010, the statement said.

Sales in the A2 segment (comprising the Alto, WagonR, Estilo, Swift, A-Star and Ritz models) witnessed a 23.81 per cent jump to 72,479 units in January, 2011, compared to 58,540 units in the same month a year ago.

A3 segment sales (consisting of the SX4 and DZiRE models) increased by 32.6 per cent to 11,930 units from 8,995 units in the corresponding period a year ago, the company said.

The company has witnessed record sales of over ten lakh units in the first ten months of this fiscal, with 10,37,408 units finding buyers, compared to 8,26,592 units in the year-ago period, a smart 25.5 per cent increase.

Suzuki Motorcycle Sales Up by 40%

Two-wheeler maker Suzuki Motorcycle India today reported 40 per cent growth in January sales to 28,598 units.

In the same month last year, the company had sold 20,448 units, Suzuki Motorcycle India (SMI) said in a statement.

A subsidiary of Suzuki Motor Corporation of Japan, Suzuki Motorcycle India has scooter and motorcycle models like Access 125, SlingShot, GS150R, Hayabusa 1300 and Bandit 1250S in its portfolio.

M&M Sales Up by 22%

Automaker Mahindra & Mahindra (M&M) today reported its highest-ever sales in a month at 36,718 units in January this year, an increase of 22 per cent over the same period last year.

The company had sold 30,149 units in the corresponding month of 2010, M&M said in a statement.

The firm's all-time high domestic sales stood at 34,601 units during January 2011, as against 28,988 units during January 2010, an increase of 19 per cent.
"All our brands have done exceptionally well with the Logan having clocked a sale of 1,120 units, which is the highest during the last 28 months. With the launch of the Genio, we hope to further consolidate our position in the pick-up segment," Mahindra & Mahindra (Automotive Division) Chief Executive Rajesh Jejurikar said.

The passenger vehicles segment (which includes the utility vehicles and Logan) registered a growth of 15 per cent at 17,208 units in January 2011, as against 14,998 units during January 2010.

The 4-wheel pick-up segment, which includes the Maxximo, Gio and Genio registered a growth of 18 per cent at 10,193 units, while the 3-wheelers segment grew by 37 per cent at 6,177 units during the month.

M&M's exports during the month jumped 82 per cent to 1,713 units as against 1,161 units during January 2010.

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