Farmers transporting wheat husk by tractor travel along a road during a partial in Uttar Pradesh, India. (Photographer: Prashanth Vishwanathan/Bloomberg)
5 years ago
Dec 01, 2020
Follow the latest updates from the November auto sales here.
Hero MotoCorp Ltd. reported a 14% year-on-year growth in sales with the two-wheeler maker selling 5.91 lakh units in November.
Motorcycle sales rose 12.9% to 5.41 lakh units.
Scooter sales rose 32.9% to 49,654 units.
“The company has been continuously ramping up supply and production across its manufacturing units to cater to the increased demand,” it said in a media statement. “Hero MotoCorp believes that the growth in personal mobility post Covid-19 restrictions will further strengthen the demand for two-wheelers.”
TVS Motor witnessed an overall sales growth of 21% at 3,22,709 units in November. Exports, however, were adversely affected due to unavailability of containers due to cyclone Nivar, the company said in a statement to the exchanges.
Mahindra & Mahindra witnessed 24% growth in overall passenger vehicle sales at 18,212 units in November. Farm equipment sales jumped 56% at 32,726 units.
"Witnessed double-digit growth in pick-ups while small commercial vehicle brands continue to see strong demand in rural and urban markets,” The company said in an exchange filing. Demand for farm equipment remains robust, rural sentiment remains positive, it said.
Passenger Vehicle Sales Highlights:
Overall Commercial Vehicle sales down 4.5% at 22,883 units
Maruti Suzuki India Ltd. reported a 1.7% year-on-year increase in total sales to 1.53 lakh units in November.
India's largest carmaker's domestic sales increased marginally to 1.44 lakh units last month as against 1.43 lakh units in November 2019, according to an exchange filing. Meanwhile, exports jumped 29.7% to 9,004 units.
However, domestic passenger car sales, declined 2.4% to 1.35 lakh units.
Other highlights:
Sales of mini cars, comprising Alto and S-Presso, declined 15.1% to 22,339 units.
Sales of compact segment, including models such as Swift, Celerio, Ignis, Baleno and Dzire, declined 1.8% to 76,630 units.
Sales of mid-sized sedan Ciaz, however, increased 29.1% to 1,870 units.
Utility vehicle sales, including Vitara Brezza, S-Cross and Ertiga, rose 2.4% to 23,753 units.