Auto sales data for November 2023 showed a rise in sales for major automakers except Tata Motors, which posted a marginal decline in sales. A look at how some of the major players fared:
Tata Motors
Tata Motors on December 1 reported a 1.73 percent decline in overall global sales at 74,172 units in November 2023 compared to 75,478 units in the same month last year. The domestic carmaker’s total domestic sales were at 72,647 units last month compared to 73,467 units in November 2022, down 1 per cent, Tata Motors said in a regulatory filing.
Its overall sales of passenger vehicles (PV), including electric vehicles (EV) were at 46,143 units as against 46,425 units in the year-ago month, down 1 per cent, it added. In the domestic market, PV sales, including EVs were marginally higher at 46,068 units last month as compared to 46,037 units in November 2022.
Maruti Suzuki
The country’s largest car maker Maruti Suzuki India reported a 3.39 percent rise in total sales at 1,64,439 units in November 2023 compared to 1,59,044 units in the same month last year.
Total domestic sales, comprising passenger vehicles, commercial vehicles and third-party supplies, were at 1,41,489 units last month as against 1,39,306 units in the year-ago period, up 1.57 percent, Maruti Suzuki India said in a regulatory filing.
Overall domestic passenger vehicle (PV) sales stood at 1,34,158 units last month compared to 1,32,395 units in November 2022, a growth of 1.33 percent, it added.
Hyundai Motor India
Hyundai Motor India said its total sales increased by 3 per cent year-on-year to 65,801 units in November. The automaker had sold 64,003 units to dealers in November 2022. The company's domestic wholesales rose to 49,451 units, up 3 per cent from 48,002 units in the year-ago period, Hyundai Motor India said in a statement. Exports rose to 16,350 units last month from 16,001 units in November 2022.
VECV – Eicher Motors and Volvo JV
Eicher Motors Ltd on Friday said its arm VE Commercial Vehicles Ltd posted 5.9 per cent rise in total sales at 5,194 units in November 2023 compared to the same month last year. VE Commercial Vehicles (VECV), a joint venture of the Volvo Group and Eicher Motors, had sold 4,903 units in November 2022, Eicher Motors said in a regulatory filing.
The November 2023 sales included 4,989 units of the Eicher brand and 205 units of the Volvo brand, it added. In the domestic commercial vehicles market, Eicher branded trucks and buses recorded sales of 4,686 units last month compared to 4,483 units in November 2022.
Mahindra & Mahindra
Mahindra & Mahindra’s total wholesales increased by 21 per cent year-on-year to 70,576 units in November. The Mumbai-based automaker had dispatched 58,303 units in November 2022. Utility vehicle dispatches stood at 39,981 units last month, an increase of 32 per cent over 30,238 units in the year-ago period, the company said in a statement.
Exports, however, declined 42 per cent last month to 1,816 units compared to 3,122 units in November 2022.
TVS Motor
TVS Motor Company on Friday reported a 31 per cent rise in total dispatches to 3,64,231 units in November 2023. The company had sold a total of 2,77,123 units in November 2022, TVS Motor Company said in a statement.
Two-wheelers sales were at 3,52,103 units in November 2023 as compared to 2,63,642 units in the same month last year, up 34 per cent, it added. Domestic two-wheeler sales grew by 50 per cent to 2,87,017 units in November 2023 as against 1,91,730 units in November 2022.
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