Auto Companies Sales: Wholesale sales figures in April were mixed for automakers facing production challenges due to supply chain challenges. For some auto companies, the last month was good in terms of sales, while some have registered a decline in sales. As per the new results, Mahindra & Mahindra, Royal Enfield and Ashok Leyland have reported an increase in sales.
Mahindra & Mahindra (M&M) said its total sales grew 25 percent to 45,640 units in April. Earlier in April 2021, its total sales were 36,437 units. The company said that its passenger vehicle sales in the domestic market grew by 23 percent to 22,526 units in April. In the same month last year, this figure was 18,285 units.
Commercial vehicle sales in April increased to 20,411 units this year as compared to 16,147 units in April last year. The company said that its exports last month stood at 2,703 units, as against 2,005 units in the same period a year ago.
Royal Enfield sales boom
Royal Enfield, a powerful bike maker like Bullet, has reported that its sales increased by 17 percent to 62,155 units in April. The company sold 53,298 units in the same month last year. In April this year, Royal Enfield has sold a total of 62,155 motorcycles in the domestic and international market. The company has sold 53,822 bikes in the domestic market. This time there has been 10 percent more sales than the same month last year.
Ashok Leyland’s sales increased
Ashok Leyland, the flagship company of the Hinduja Group, said that in April, total commercial vehicle sales increased by 42 percent to 11,847 units. In the same month last year, 8,340 units were sold. Ashok Leyland said that its domestic sales grew by 41 percent to 11,197 units as against 7,961 units in April 2021.
Good News for Tata Motors
The month of April brought good news for Tata Motors. The company sold 41,587 units to dealers in April, an increase of 66 per cent as compared to 25,095 units in April 2021. The company said that the domestic sales of Tata Motors increased by 81 percent to 71,467 units. It was 39,401 units in April last year. A total of 41,587 passenger vehicles were dispatched to dealers this month, which is 66 per cent more than in April, 2021. In this episode, the sales of the company’s commercial vehicles in the domestic market doubled to 29,880 units. Last year this figure was 14,306 units.
Bajaj Auto sales fall
The month of April did not prove to be good for Bajaj Auto. Its total sales in this year declined by 20 percent to 3,10,774 units. In the same month last year, 3,88,016 units were sold. Total domestic sales this month declined by 24 per cent to 1,02,177 units from 1,34,471 units in April 2021. Exports also declined by 18 per cent to 2,08,597 units during this period from 2,53,545 units in the same period a year ago. Bajaj Auto said that sales of two-wheelers in the domestic market declined by 26 percent last month, while exports declined by 15 percent.
Maruti slows down
The country’s largest carmaker Maruti Suzuki India said its domestic sales declined by seven per cent to 1,32,248 units from 1,42,454 units in April 2021. Sales of small cars, including the Alto and S-Presso, fell 32 per cent to 17,137 units from 25,041 in the same month last year.
In Maruti’s compact car segment, sales of models such as Swift, Celerio, Ignis, Baleno and DZire declined by 18 per cent to 59,184 units as against 72,318 units sold in April 2021.
However, sales of utility vehicles such as MSI’s Vitara Brezza, S-Cross and Ertiga increased by 33 per cent to 33,941 units as against 25,484 units in April 2021.
These companies also decline
Second-ranked Hyundai Motor India in the Indian market also sold 44,001 units last month with a 10 per cent decline in wholesale sales as against 49,002 units in April 2021. Similarly, Honda Cars India Limited (HCIL) has sold 7,874 vehicles in the last month, registering a decline of 13 per cent year-on-year in domestic wholesale sales. MG Motor India also said that its retail sales declined 22 per cent to 2,008 units last month as compared to 2,565 in April 2021.
FIRST PUBLISHED : May 02, 2022, 18:47 IST