FY2017-2018 starts on a high note as a majority of car manufacturers post double-digit growth in the domestic market.
Passenger car sales during the first month of the financial year 2017-18 look quite impressive for most of the leading manufacturers. With the market being upbeat right now, most of the leading car manufacturers have posted positive growth over their respective sales figure in April 2016. Here’s a quick look at the sales performance of car makers in India in April 2017,
Country’s largest car manufacturer Maruti Suzuki registered a growth of 23.1 per cent in the passenger car segment in the domestic market. The manufacturer dispatched 1,44,081 new cars in April 2017 as compared to 1,17,045 units sold in April 2016. Exports, however, were down by 29.4 per cent last month as Maruti Suzuki only shipped 6,723 units in April 2017 against 9,524 units during the same month last year. Now with the new DZire launch just around the corner, expect Maruti Suzuki’s monthly sales to skyrocket in the coming time.
Korean automaker Hyundai has reported a growth of 5.7 per cent in its sales in April 2017. The manufacturer sold 44,758 units last month against 42,351 units in April 2016. Exports, however, were down by 3.8 per cent – Hyundai India shipped 11,610 units in April 2017 vs 12,069 units in April 2016.
Honda has had an eventful April 2017 in terms of monthly sales. The Japanese automaker registered an impressive growth of 38.1 per cent in the domestic market. In numbers, Honda sold 14,480 units in April 2017 in comparison to 10,486 units’ sale in the same month last year. The sales were majorly driven by the Honda City and the recently launched WR-V. While the sedan continues to be the bestseller for the brand – Honda sold 5,948 units of the City last month – the WR-V has also been received well by customers with 3,266 units being dispatched to dealers. Honda says it has received over 12,000 bookings for the WR-V thus far. As for exports, Honda Car India sold 442 cars to overseas markets.
With three new products added to its portfolio in the last fiscal, Toyota India’s on a roll you can say. The manufacturer registered an impressive growth of 52 per cent in April 2017, selling 12,948 units in the domestic market as compared to 8,529 units in April 2016. The manufacturer claims that the refreshed Corolla Altis’ sales have clocked a growth of over 75 per cent, while it has also sold 12,200 units of the Fortuner in the last six months. The Innova Crysta, however, continues to be the best-seller for Toyota.
As for exports, Toyota dispatched 1,109 units of the Etios range to foreign markets last month – which is up from 978 units in April 2016.
Although Tata Motors’ overall sales - including commercial vehicles - were down by 19 per cent in the domestic market, its passenger car division managed to stay afloat by registering a growth of 23 per cent in April 2016. The homegrown manufacturer sold 12,827 units of passenger cars in the country last month.
While most of the manufacturer posted positive growth in April 2017, Mahindra’s passenger car sales nose-dived by 15 per cent. The manufacturer sold 19,325 units last month as against 22,655 units in April 2016. Mahinda, however, is hopeful for the coming months since it plans to make up for lost ground by launching a few facelifts and refreshes of its current model line-up.
Ford India registered a growth of 17 per cent in the domestic market as its monthly sales stood at 7,618 units in April 2017 as against 6,531 units in April 2016. The main push for Ford India, however, came from export markets – the Indian arm of the Blue Oval shipped 17,531 units abroad, which marks a whopping growth of 76 per cent over April 2017’s export sales (9,939 units).
While Nissan India’s monthly sales are nothing to write home about, the manufacturer has registered an impressive growth of 39 per cent in April 2017. Nissan’s domestic sales stood at 4,217 vehicles against 3,028 units sold in the corresponding month last year. The manufacturer credits the Datsun redi-GO for last month’s sales growth.
Also read: Car Sales Report – March 2017