At the turn of the financial year, most manufacturers have reported growth with respect to year on year sales numbers. For a detailed report given out by manufacturers, read the following
As I write this, we’re one year and one week into the BS6 era. Something that created confusion in the minds of buyers and made them hold their purchase. Not to mention the nation wide pandemic that had most of us reserve our disposable income until the economy kick-started to its original flow. A year down the line, most manufacturers have pounced back with new products such as Tata Safari, updated Maruti Suzuki Swift, Nissan Magnite facelift MG Hector and the all-new Hyundai i20, hoping to end the financial year on a positive note. Following is a detailed sales report for the month of March 2021:
MG Motors India
MG Motors has reported the highest sales figure in the Indian market with a total of 5,528 units sold in the month of March 2021. With respect to Y-o-Y (Year-on-Year) sales figures, MG sold 1,518 units in March 2020. And if the sales figures are compared on an M-o-M (Month-on-Month) basis, MG sold 4,329 units in the month of February 2021. MG has also added that the waiting period on a few of its models have gone up to 2-3 months.
In March 2021, Hyundai Motors India sold a cumulative of 64,621 units as opposed to 61,800 units in the month of February 2021. March 2021 saw 52,600 units being sold domestically while 12,021 units being shipped out. These numbers are almost double when compared to March 2020 where the company had a total sale figure of 32,279 units - 26,300 units sold domestically, of 5,979 units. A reported Y-o-Y growth of almost 100 per cent.
In February 2021, Mahindra sold 15,380 units domestically and in the month of March 2021, the number grew up to 16,700 units. The exports stood at 2,126 units for March 2021, as opposed to 1827 units in the month of February 2021. And last year, Mahindra could only ship out 554 units in the month of March 2020. The overall exports have dipped by 32 per cent and now stand at 18,381 units in this financial year 2020-21 as opposed to 27,026 units in the past financial year 2019-20.
Tata motors has reported a total growth of 5 per cent in the financial year 2020-21. With a total of 4,64,515 units sold in FY-2020-21, compared to 4,42,051 units sold FY-2019-20. A total of 94 per cent growth is reported in Q4 of the past financial year. In March 2021, Tata sold 66,609 units, compared to Y-o-Y 11,012 units sales of March 2020. M-oM sales have grown this month as February 2021 saw a total sales of 61,365 units.
In February 2021, Nissan sold 4,244 units and in the month of March 2021, Nissan managed to sell 4,012 units. The financial year has been on a positive note as the Japanese manufacturer managed to grow 6 per cent in FY 2020-21, compared to the FY 2019-20.
Maruti Suzuki India
Maruti Suzuki India sold 1,67,014 units in March 2021.which is a 1.5 per cent growth when compared to M-o-M sales figures. And the sales have spiked up by 99 per cent when compared to Y-o-Y sales numbers. However, the overall sales on FY 2020-21 have been lower by 6.7 per cent when compared to FY 2019-20. Domestically, Maruti Suzuki sold 1,49,518 units and exported 11,597 units in the month of March 2021.