Amid pandemic, Maruti leads auto sector’s crawl to recovery

MARUTI SUZUKI INDIA SAID ITS SALES IN JULY STOOD AT 101,307 UNITS AS AGAINST 100,006 UNITS IN JULY 2019 WITH SALES OF MINI CARS JUMPING 49.1% AS COMPARED TO LAST YR

Ertiga, increased 26.3 per cent to 19,177 units as compared to 15,178 in the year-ago month.

MSI’S total sales were down 1.1% at 1,08,064 units in July as compared to 1,09,264 units in the same month last year.

Rival Hyundai Motor India Ltd (HMIL) saw its domestic sales at 38,200 units last month as against 39,010 units in July 2019, down by 2%. Its total sales were down 28% at 41,300 units as against 57,310 units in the same month last year.

Commenting on the sales performance, HMIL Director (Sales, Marketing & Service) Tarun Garg said the company has been able to contribute towards triggering the country’seconomicrevival. “With the changing trend of preference for personal mobility, our consistent efforts are towards fulfilling the customer needs and meeting the market demand,” he said.

M&M reported a 35 per cent decline in domestic sales at 24,211 units last month compared to 37,474 units in July 2019. Its total sales were down 36 per cent at 25,678 units as against 40,142 units in the same month last year.

“At Mahindra, we are happy to see a growing trend in our overall vehicle sales, buoyed by the continuing revival in demand, primarily in rural and semi urban India,” M&M Ltd Chief Executive Officer, Automotive Division Veejay Ram Nakra said.

“It is encouraging to see that the enquiry and booking levels in July are significantly higher compared to June, both for utility vehicles and small commercial vehicles, he added.

“As we ramp up production, the biggest challenge is on the supply side and working around these challenges is our top priority,” Nakra said. Toyota Kirloskar Motor (TKM) reported a 48.32 per cent decline in domestic vehicle sales to 5,386 units in July compared to 10,423 units in the same month last year.