Posts Tagged ‘Export Sales’
carazoo.com asked:
The passenger car sales are still boosting even after the prices of the cars have gone high. With the increase in the raw materials and hardening interest rates the prices of the cars have gone up between 2 and 5 per cent. Every car manufacturers have hiked their price for all the models. But looks like all these factors have not affected as the month of May saw the sales of passenger car rose on an average by 23 per cent.
India’s largest car manufacturers, Maruti Suzuki’s domestic sales recorded an increase of 15 per cent by selling 64,143 units against the 55,952 units last year. Another leader in auto market, Hyundai Motor India also saw a good sales growth of 47 per cent in domestic passenger car with sales 24,510 units in May 2008, compared to 16,643 units last year. The domestic sales of general motors also rose by 7 per cent. It was a Spark-ling victory for General Motors India with smashing sales of Chevrolet Spark from the small car segment. The model was sold in 2250 units in May and the overall sales of GM models like Chevrolet Aveo, Chevrolet Aveo Uva, Chevrolet Optra, Chevrolet Captiva and MUV Chevrolet Tavera too saw a good sales report. Now the company plans to roll out another small car for India which will cost lower than Spark.
Another reason for car sales boost is launch of new models this year. With so many models from almost all the car makers has given a good push to the auto sales.
The export sales also did not lag behind. Maruti’s export sales figure registered a 41 per cent growth and the credit line goes to the its latest compact model Maruti Swift from A2 segment and recently launched Swift Dzire from A3 extension.
The export sales of Hyundai also faced an impressive figure of raise in 57 per cent at 15,751 units. The company was able to hold on with the strong figures even after the higher interest rates. Recently launched i10 received good response from the buyers and soon the company will introduce the diesel version of i10.
But again we cannot say that the car sales graph will remain on top as the people have just started feeling the pinch of car price hike and the fuel hike.
The passenger car sales are still boosting even after the prices of the cars have gone high. With the increase in the raw materials and hardening interest rates the prices of the cars have gone up between 2 and 5 per cent. Every car manufacturers have hiked their price for all the models. But looks like all these factors have not affected as the month of May saw the sales of passenger car rose on an average by 23 per cent.
India’s largest car manufacturers, Maruti Suzuki’s domestic sales recorded an increase of 15 per cent by selling 64,143 units against the 55,952 units last year. Another leader in auto market, Hyundai Motor India also saw a good sales growth of 47 per cent in domestic passenger car with sales 24,510 units in May 2008, compared to 16,643 units last year. The domestic sales of general motors also rose by 7 per cent. It was a Spark-ling victory for General Motors India with smashing sales of Chevrolet Spark from the small car segment. The model was sold in 2250 units in May and the overall sales of GM models like Chevrolet Aveo, Chevrolet Aveo Uva, Chevrolet Optra, Chevrolet Captiva and MUV Chevrolet Tavera too saw a good sales report. Now the company plans to roll out another small car for India which will cost lower than Spark.
Another reason for car sales boost is launch of new models this year. With so many models from almost all the car makers has given a good push to the auto sales.
The export sales also did not lag behind. Maruti’s export sales figure registered a 41 per cent growth and the credit line goes to the its latest compact model Maruti Swift from A2 segment and recently launched Swift Dzire from A3 extension.
The export sales of Hyundai also faced an impressive figure of raise in 57 per cent at 15,751 units. The company was able to hold on with the strong figures even after the higher interest rates. Recently launched i10 received good response from the buyers and soon the company will introduce the diesel version of i10.
But again we cannot say that the car sales graph will remain on top as the people have just started feeling the pinch of car price hike and the fuel hike.
carazoo.com asked:
The fuel prices and even the car in India are going high but still it has not stopped common man owning a car. They still walk into a car showroom and drive home his set of dream wheels. During the during financial year 2007-08, most car companies made good sales in India than earlier and one of the one big reason for this is the onslaught of new models hitting Indian roads.
Every car brands provide several options with attractive offers to their customers that they that the customers have flock to car showrooms and the numbers tell the story. Maruti Suzuki sales chart saw a strong growth of 12 percent. While small cars segments continued to dominate the company’s sales with a 13.4% growth, its brand new Maruti SX4 sedan helped it break the domination of Honda City in the mid-size sedan category.
General Motors (GM) also faced a good sales growth and the credit goes to the new model Chevrolet Spark coupled with some customer incentives and attractive offers. Fait follows next
which saw a revival in sales after the distribution tie-up with Tata Motors. The company sold t 3379 units sold over the year and is yet to go a long way to go to make its presence stronger and the newly launched diesel Palio with the 1.3 liter Multijet engine and the upcoming Linea and Grande Punto may take up the credit for their sales figure.
Another attraction during the year was an entry level sedan- Mahindra Renault Logan. Tata motors saw a decline in its sales because it didn’t have any thing new to offer to their customers. But their new portfolio includes the new Indica and the much-awaited Nano. The export sales have taken over the domestic sales. Maruti Suzuki and Hyundai to make India their export hub have been vindicated by the fact that the rate of export growth outpaced that of domestic sales.
Tata Motors, the overseas sales also saw a positive growth of three percent with its trucks and passenger cars. Hyundai remains the largest car exporter with the annual export of 1,44,442 vehicles, which contributes about 40 per cent of the total sales of Hyundai Motors India, which is considered the small car export hub of the Korean carmaker.
During the year 2007-08, Maruti Suzuki which exported 53,024 units and was reported to be the highest ever figure in the company’s history. Exports grew by 34.9 per cent during the year. Maruti’s export strategy is to replicate its success in India. Maruti Suzuki also tied up with the Adani Group for a mega car terminal at Mundra Port which will start its operations by this year end.
Though the total export figure is just a little more than 12,000 for SUV maker Mahindra, it translates into a 54 per cent increase in its overseas sales. The Scorpio forms three-fourths of the company’s total exports.
The fuel prices and even the car in India are going high but still it has not stopped common man owning a car. They still walk into a car showroom and drive home his set of dream wheels. During the during financial year 2007-08, most car companies made good sales in India than earlier and one of the one big reason for this is the onslaught of new models hitting Indian roads.
Every car brands provide several options with attractive offers to their customers that they that the customers have flock to car showrooms and the numbers tell the story. Maruti Suzuki sales chart saw a strong growth of 12 percent. While small cars segments continued to dominate the company’s sales with a 13.4% growth, its brand new Maruti SX4 sedan helped it break the domination of Honda City in the mid-size sedan category.
General Motors (GM) also faced a good sales growth and the credit goes to the new model Chevrolet Spark coupled with some customer incentives and attractive offers. Fait follows next
which saw a revival in sales after the distribution tie-up with Tata Motors. The company sold t 3379 units sold over the year and is yet to go a long way to go to make its presence stronger and the newly launched diesel Palio with the 1.3 liter Multijet engine and the upcoming Linea and Grande Punto may take up the credit for their sales figure.
Another attraction during the year was an entry level sedan- Mahindra Renault Logan. Tata motors saw a decline in its sales because it didn’t have any thing new to offer to their customers. But their new portfolio includes the new Indica and the much-awaited Nano. The export sales have taken over the domestic sales. Maruti Suzuki and Hyundai to make India their export hub have been vindicated by the fact that the rate of export growth outpaced that of domestic sales.
Tata Motors, the overseas sales also saw a positive growth of three percent with its trucks and passenger cars. Hyundai remains the largest car exporter with the annual export of 1,44,442 vehicles, which contributes about 40 per cent of the total sales of Hyundai Motors India, which is considered the small car export hub of the Korean carmaker.
During the year 2007-08, Maruti Suzuki which exported 53,024 units and was reported to be the highest ever figure in the company’s history. Exports grew by 34.9 per cent during the year. Maruti’s export strategy is to replicate its success in India. Maruti Suzuki also tied up with the Adani Group for a mega car terminal at Mundra Port which will start its operations by this year end.
Though the total export figure is just a little more than 12,000 for SUV maker Mahindra, it translates into a 54 per cent increase in its overseas sales. The Scorpio forms three-fourths of the company’s total exports.