Eicher Motors Ltd.'s total motorcycle sales rose 3% to 84,435 units even as shipments to overseas markets fell in the month.
Sales Snapshots (YoY):
Sales of models with engine capacity upto 350cc rose 2% to 76,075 units.
Sales of models with engine capacity exceeding 350cc rose 13% to 8,360 units.
Exports fell 39% to 3,477 units.
Ashok Leyland Ltd.'s total sales rose 13% year-on-year to 16,864 units with growth across categories.
While the medium and heavy commercial vehicle segment did the heavy lifting to boost company's sales in the past few months, the light commercial vehicle sales showed a uptick in October.
Sales Snapshots (YoY):
Total medium and heavy commercial vehicle sales rose 12% to 10,185 units.
Light commercial vehicle sales rose 15% to 6,679 units.
TVS Motor Co.'s two-wheeler sale rose 22% to 3.44 lakh units, beating analysts' consensus )estimates that projected a growth of 17%.
The company sold 20,153 units of iQube electric scooter, as against sales of 8,103 units last year.
Sales Snapshots (YoY):
Total sales rose 21% to 4.35 lakh units.
Domestic two-wheeler sales rose 25% to 3.45 lakh units.
Two-wheeler exports grew 10% to 75,653 units.
Three-wheeler sales fell 11% to 14,104 units.
Hero MotoCorp Ltd.'s total dispatches to dealerships rose 26.5% to 5.75 lakh units in October.
Sales Highlights (YoY):
Sales of motorcycles rose 26% to 5.29 lakh units.
Scooter sales rose 30% to 45,589 units.
Domestic sales rose 26% to 5.60 lakh units.
Exports grew 29% to 15,164 units.
Maruti Suzuki India Ltd.'s total dispatches to dealerships jumped 19% to 1.99 lakh units, which is the highest-every monthly sales for the company.
The decline in dispatches of cars in the mini and compact segment moderated in the month, boosting the overall sales.
Sales Snapshots (YoY):
Total domestic sales rose 20.5% to 1.77 lakh units.
Sales in mini and compact segment fell 3.4% to 98,621 units.
Utility vehicle sales surged 91% to 59,147 units.
Exports rose 7.4% to 21,951 units.
Eicher Motors Ltd.'s subsidiary VE Commercial Vehicles Ltd.'s dispatches to dealerships rose 24% to 7,486 units.
Sales Highlights (YoY):
Domestic sales rose 27% to 7,077 units.
Exports fell 43.5% to 201 units.
Tata Motors Ltd.'s total dispatches to dealerships rose 6% year-on-year to 80,825 units in October with both commercial vehicles and passenger vehicle sales witnessing growth.
Sales Highlights (YoY):
Passenger vehicle sales rose 7% to 48,637 units.
Electric passenger vehicle sales surged 28% to 5,465 units.
Total Commercial vehicle sales rose 4% to 34,317 units.
Heavy commercial vehicle sales grew 10% to 10,204 units.
Small commercial vehicle cargo and pickup sales fell 8% to 14,419 units.
Mahindra & Mahindra Ltd.'s passenger vehicle sales rose 35% to 43,708 units in October, making it the fourth consecutive month of highest-ever monthly sales.
Both SUVs and commercial vehicles achieved highest ever monthly volumes, said Veejay Nakra, president of the automotive division at M&M.
"While the strong festive demand should see us continue our growth momentum in November, we will keep a close watch of select supply related challenges,” he said in a statement.
Sales Snapshots (YoY):
Sales of medium duty light commercial vehicles rose 29% to 20,349 units.
Three-wheeler sales surged 85% to 9,402 units.
Tractor sales fell 3% to 50,460 units.
Tractor exports declined 23% to 1,124 units.
Bajaj Auto Ltd.'s two-wheeler dispatches rose 19% year-on-year to 4.08 lakh units as a jump in domestic sales offset the decline in exports.
Sales Snapshots (YoY):
Total sales rose 19% to 4.71 lakh units.
Domestic two-wheeler sales rose 35% to 2.78 lakh units.
Two-wheeler exports fell 5% to 1.30 lakh units.
Three-wheeler sales grew 18% to 63,044 units.
Escorts Kubota Ltd.'s total dispatches to dealerships fell nearly 9% to 13,205 units in October due to a high base and slowing demand.
The festive season this year is delayed and spread across two months; hence October sales were slightly muted compared to last year, the tractor maker said in a statement.
Sales Highlights (YoY):
Domestic sales fell 8.7% to 12,642 units.
Exports fell 13.3% to 563 units.
Auto Sales Preview: Festive Boost Likely For Two-Wheelers, Car Sales May Be Sluggish