Auto BHP » sales

Toyota Sales Grow 26% in August 2010

ed — Wed, 08 Sep 2010 09:01:16 +0000

Toyota has registered a growth of 26% in sales in August 2010 compared to the same period last year. It sold 6361 units in August 2010 against 5045 units in August last year. A growth of 62% has been recorded for the period January to August 2010, over the same period last year.

Commenting on the month’s performance, Mr. Sandeep Singh, Deputy Managing Director-Marketing TKM, said, “The Corolla Diesel that was launched in the end of July has lived up to our expectations with around 2000 bookings since its launch. August also marked the first anniversary of the Fortuner in India, as well as reaching the milestone of 10,000 units sold which we celebrated by introducing the Fortuner Anniversary Edition."

{Source: Infibeam}

Toyota Sales Grow 26% in August 2010

rajiv — Tue, 07 Sep 2010 07:53:00 +0000

Toyota India Kirloskar Motor has registered a growth of 26% in sales in August 2010 compared to the same period last year. It sold 6361 units in August 2010 against 5045 units in August last year. A growth of 62% has been recorded for the period January to August 2010, over the same period last year.

Commenting on the month’s performance, Mr. Sandeep Singh, Deputy Managing Director-Marketing TKM, said, “The Corolla Diesel that was launched in the end of July has lived up to our expectations with around 2000 bookings since its launch. August also marked the first anniversary of the Fortuner in India, as well as reaching the milestone of 10,000 units sold which we celebrated by introducing the Fortuner Anniversary Edition."

Mahindra Two Wheelers sales grow 279% in August 2010

rajiv — Sun, 05 Sep 2010 18:31:59 +0000

Mahindra Two Wheelers, a part of the US $7.1 billion Mahindra Group, has further consolidated its presence in the two wheeler segment, with record sales of 15,165 units in August 2010. Mahindra Two Wheelers today announced that its sales for the month of August 2010 stood at 15165 units, as against 4005 units in August 2009, an increase of 279%. Total cumulative sales from April to August 2010 stood at 54261 units, as compared to 12948 units for the same period last year, an increase of 319%.

"We are very happy with the response to our Power Scooters. Consumers have laid their trust in brand Mahindra which has helped us grow more than 75% in the last four months. We have been achieving several milestones. Just a couple of months ago, we crossed a landmark figure of 1,00,000. Our efforts to come closer to consumers are also bearing fruit as we now have more than 370 dealer ships across the length and breadth of the country." said Mr. Anoop Mathur, Sector President and Member of Group Executive Board Mahindra & Mahindra.

Mahindra 2 Wheelers' Power Scooters cater to a range of consumer segments. The Mahindra Rodeo with its very innovative, contemporary features is popular amongst the Indian youth, while the Mahindra Duro is positioned as a family scooter. The Flyte is the Indian woman's two-wheeler of choice.

[Via: Infibeam]

Mahindra’s auto sales register 29% growth in August 2010

rajiv — Sun, 05 Sep 2010 18:30:48 +0000

Mahindra & Mahindra Ltd. (M&M Ltd.), a part of the US $7.1 billion Mahindra Group, today announced that its auto sales for August 2010 stood at 28903 units as against 22413 units during August 2009, an increase of 29%. The company's domestic sales stand at 27275 units during August 2010, as against 21410 units during August 2009, an increase of 27%. Exports have grown by 62% during the same period.

The domestic sales for the passenger UV range of products including the Bolero, Scorpio and Xylo stood at 12994 units during August 2010 up by 14% from 11443 units during August 2009. The 3-wheeler range of products domestic sales stood at 5074 units during August 2010 up by 39% from 3652 units during August 2009. The 4-wheel pickups range of products domestic sales stood at 7533 units during August 2010 up by 45% from 5188 units during August 2009. The sale of the company's sedan, the Logan, has also seen an upward trend with sales for August 2010 standing at 801 units as against 469 units during July 2009, a growth of 71%.

[Via: Infibeam]

Mercedes Benz India Posts Record Sales in 15 Year History

rajiv — Tue, 03 Aug 2010 10:26:14 +0000

Mercedes Benz India had entered the Indian market 15 years ago and had been the market leader ever since then. BMW had challenged its position in 2009 but the company has been able to regain its status quo in the Indian market once again. Now the recent press release from Mercedes states that the company has posted highest ever month sales in its 15-year history in India. The German car manufacturer sold 521 units in July 2010 recording 80 percent jump in its sales over July 2009 sales. It sold 62 units of its SUV GL and M-class in July 2010 alone as compared to total 140 units sold in whole 2009.

"Our SUVs impressed one and all during our 5 city 'StarDrive Experience'. The demand for the GL and M-Class reflects the confidence and pride of ownership associated with our SUVs," said Dr. Wilfried Aulbur (Managing Director and CEO, Mercedes-Benz India). For the period Jan-July 2010, the company has sold 2,922 units, up from 1,670 units sold during the corresponding period the previous year. Aulbur also added that the July 2010 has been the best month in the history of the company so far and Jan-Jul 2010 had been months of robust sales.

[Via: cartradeindia]

TVS aiming to double scooter sales

rajiv — Thu, 01 Jul 2010 04:23:34 +0000

Riding on the recently launched scooter Wego, TVS - General Manager, S Srinivas is expecting an increase in revenue this fiscal year as compared to the previous one. The growth rate is expected to be double as compared to the previous fiscal year. The estimate revenue figures of this fiscal year is expected to be between Rs.1,500 to Rs.1,600 crores as compared to Rs.800 crore in the previous year. The TVS Wego was launched around September 2009 and has majority of the TVS hopes riding on its shoulders, focusing on women mobility and independence. The scooter comes with a 110cc engine and priced at Rs.41,762 per unit.

According to Mr. S Srinivas the two wheeler sales in India is upswing and TVS has managed to sell 25,000 units per month in the previous year, this year however expectations have been almost doubled to 40,000 units per month! In other news, TVS is also planning to launch a new motorcycle in the entry level segment early July 2010. The two-wheeler major hopes that the new small capacity bike would add to the company's sales volume.

[Via: BikeIndia]

Two Wheelers Witness Increase In Sales

rajiv — Wed, 05 May 2010 06:46:00 +0000

India's largest two wheeler manufacturer, Hero Honda has reported an increase in its sales for the month of April 2010 at 3,71,652 units as against 3,70,575 units during April 2009. This is the 16thtime in a row when the company has sold more than 3 lakh bikes in a month. The company achieved this feat despite an acute shortage of batteries for over 15 days which left around 50,000 fully built bikes stranded at the factory. It is known that earlier last month, there was an agitation at the Exide's Bawal facility. However, according to the company officials, the issue has been resolved. On the similar lines, second largest two wheeler giant, Bajaj Auto registered an 84 percent growth during the month at 2,76,095 units as compared to corresponding month of the previous fiscal. The company sold 1,49,733 units during April 2009. Following the same trend, the third largest two wheeler manufacturer, TVS Motors' sales for the month rose by 28 percent to 1,44,689 units as against 1,13,119 units from April 2009.

On the other hand, Yamaha Motors reported a growth of 42 percent in its monthly sales of 24,960 units against 17,576 units sold during April 2009. The newly launched entry level YBR 110 merged with the FZ series with refreshed shades are expected to boost the sales further for the company in the coming months. Yamaha targets attaining a share of 20 percent in the 150cc and above segment by the year end. Suzuki Motorcycle, too, reported a growth of 53.22 percent growth in the month's sales. The company sold 20,771 units during April 2010 as compared to 13,556 units during April 2009. Officials from Suzuki credit their GS150R and Access 125 for the increased growth in sales.

Further, Mahindra two wheelers reported a whopping growth of 460 percent to 9009 units during the month as against 1609 units during the corresponding month from the previous fiscal. Rodeo, Duro and Flyte are believed to be doing wonders for the company. However, the vertical growth for the month is a result of a low base of 1609 units from April 2009.

[Via: BIKE INDIA]

Tata Motors April sales up 52%

rajiv — Tue, 04 May 2010 18:36:15 +0000

Tata Motors total sales (including exports) of Tata commercial and passenger vehicles in April 2010 were 57,202 vehicles, a growth of 52% over 37,518 vehicles sold in April 2009. The company's domestic sales of Tata commercial and passenger vehicles for April 2010 were 54,065 nos., a 49% growth over 36,257 nos. sold in April last year.

Commercial Vehicles - Company's sales of commercial vehicles in April 2010 in the domestic market were 30,963 nos., a 36% growth compared to 22,847 vehicles sold in April last year. LCV sales were 17,806 nos., a growth of 20% over April last year. M&HCV sales stood at 13,157 nos., a growth of 63% over April last year.

Passenger Vehicles - The passenger vehicles business reported a total sale and distribution offtake of 24,902 nos. (23,102 Tata + 1,800 Fiat) in the domestic market in April 2010, a 70% increase compared to 14,615 nos. (13,410 Tata + 1,205 Fiat) in April last year. Sales of the Tata Nano were 3,525 nos. The Indica range sales were 9,036 nos., a growth of 5% over April last year. The Indigo range recorded sales of 7,201 nos., a growth of 180% over April last year. The Sumo/Safari range accounted for sales of 3,340 nos., higher by 51% over April last year. Jaguar Land Rover sales continued their upward trend since launch in June 2009.

Exports - The company's sales from exports at 3,137 vehicles in April 2010 registered a growth of 149% compared to 1,261 vehicles in April last year.

Courtesy: Tata Motors India

TVS Motor sales up 28% in April 2010

rajiv — Tue, 04 May 2010 18:35:29 +0000

Augmented by substantial contributions across all segments of the two wheeler market and riding on the back of new launches, TVS Motor Company began the first month of FY11 on a positive note, with total two wheeler sales growing 28% from 113,119 units in April 2009 to 144,689 units in April 2010. Domestic two wheeler sales registered 22% growth from 102,985 units in April 2009 to 125,471 units in April 2010. The company's three wheeler business continued to post substantial growth.

Motorcycle sales of the company grew by 24 % in April 2010 with sales of 66,000 units compared to 53,235 units in the same month of the previous year. Scooters continued its impressive sales growth increasing by 43% from 18,819 units in April 2009 to 26,860 units in the April 2010. Three wheeler sales continued to excel with the company registering sales of 2483 units in April 2010 over 706 units in April 2009.

Exports recorded remarkable growth of 90 % growth during the month of April 2010 with sales of 19,218 units against 10,134 units in April 2009. During the month, TVS Wego, the company's metal bodied scooter, with unisex styling was launched in Pune and Nagpur. The product has received favourable response among customers and will be made available across the country over the next two months.

[Via: Infibeam]

Hero Honda Sales – April 2010

rajiv — Tue, 04 May 2010 18:34:56 +0000

Hero Honda Motors Ltd (HHML), the world's largest two wheeler manufacturer, continues to post monthly sales of over 3 lakh units. This is the 16th consecutive month that the company has reported three-lakh-plus sales. The company started the first quarter (April-June) of Financial Year (FY) 2010-11, with sales of 3,71,652 units in the month of April, 2010. Hero Honda had sold 3,70,575 two-wheelers in April last year. Anil Dua, Sr. Vice-President (Marketing and Sales), Hero Honda Motors Ltd said, ""We have been witnessing a steadily growing demand for our products, and have been ramping up our production levels accordingly. However, as we have already informed, due to certain IR issues at our suppliers' end, we have faced an acute shortage of batteries for over two weeks in the month of April.

As a result of this, our despatches have been adversely impacted and currently over 50,000 fully finished motorcycles are stranded at our plants for want of batteries. I am happy to inform that these issues have now been resolved and we have been assured of supply returning to normal within a week's time." Hero Honda's retail sales continue on its robust growth trajectory. To further keep up this momentum, the company has introduced two models in April - the refreshed Glamour and Glamour FI. Both these models have been contributing significant volumes to the company's strong share in the deluxe segment, and the launch of the refreshes are set to further build on this leadership.

Hero Honda also recently crossed yet another significant milestone by covering 100,000 villages under its path-breaking rural initiative - "Har Gaaon Har Angan". The umbrella platform for all rural initiatives which was launched in late 2007, has been instrumental in the steadily growing share of Hero Honda in the rural and upcountry markets, taking the contribution of sales from these markets to 42 per cent of the company's total sales.Hero Honda crossed several new milestones in the recently concluded fiscal (2009-10). The company posted a stellar top line performance with the total cumulative sales volume of more than 4.6 mn units. Hero Honda also crossed the landmark million units in sales in each quarter of fiscal '10, capping it off with the highest-ever quarter sales of 11, 86,536 units in the fourth quarter. The company also reported an excellent bottomline with its highest-ever annual revenues, net profit and earnings per share.

Courtesy: Hero Honda India

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