Tata Motors, MM, Maruti January sales degrow

Tata Motors  reported a 34 percent decline in total vehicle sales to 40,481 units in January.

The company had sold 61,660 vehicles in the same month last year.

Domestic passenger vehicle sales dropped to 10,974 units in January, down from 15,209 units a year earlier.

Tata Motors sold 8,463 units of Nano, Indica and Indigo cars and 2,511 units of Sumo, Safari, Aria and Venture vehicles, the company said in a statement.

In the commercial vehicles segment, domestic sales declined about 40 percent to 25,683 units from 42,571 units in the corresponding month of the previous year.

Exports were 1.44 percent lower at 3,824 vehicles, Tata Motors said.

Maruti Suzuki

Country's largest car-maker Maruti Suzuki India (MSI) reported 10.3 percent decline in total sales in January at 1,02,416 units as against 1,14,205 units in the same month last year.

The company said its domestic sales declined by 6.3 percent during the month to 96,569 units as against 1,03,026 units in January, 2013.

Sales of mini segment cars, including M800, Alto, A-Star and WagonR, declined by 17 per cent to 38,565 units as compared to 46,479 units in the year-ago month, MSI said in a statement.

The company said sales of the compact segment comprising Swift, Estilo, Ritz increased by 1.9 percent to 24,473 units in January this year as against 24,006 units last year.

MSI said sales of its popular compact sedan Dzire rose by 12.7 percent during the month under review at 19,232 units as against 17,060 units in January, 2013.

The company's mid-sized sedan SX4 registered a decline of 81.1 percent to 191 units as against 1,012 units in the same month last year. There was no sale of premium sedan Kizashi during the month.

Sales of utility vehicles, including Gypsy, Grand Vitara and Ertiga, stood at 4,763 units in January this year, down 21.9 percent from 6,095 units in the corresponding month last year.

Sales of vans--Omni and Eeco rose by 11.6 percent to 9,345 units in January this year as compared to 8,374 units in the same period of previous year. Exports during the month declined by 47.7 percent to 5,847 units as compared to 11,179 units in January last year, MSI said.

TVS Motor

Two-and-three-wheeler maker TVS Motor Company has registered a 5.90 percent increase in total sales to 1,86,313 units in January 2014.

The city-based company had sold 1,75,931 units in the same month of the previous year, TVS Motor Company said in a statement.

Total two-wheelers sales in January 2014 rose to 4.70 percent to 1,79,576 from 1,71,513 units sold during the same month of the previous year.

Domestic two-wheeler sales grew to 1,56,138 units in January 2014 from 1,54,107 units sold in the same month last year. Sales of scooters grew by 19.1 percent to 45,198 units in January 2014 from 37,946 units sold during the same month of the previous year.

Sales of motorcycles grew to 65,449 units in January 2014 from 64,555 units sold during the same month of the previous year.

Three-wheeler sales during January 2014 grew by 52.4 percent to 6,737 units from 4,418 units sold during the same month of the previous year.

On exports, the company witnessed a 39.3 percent increase in its sales to 28,875 units in January 2014 from 20,723 units sold during the same month of previous year.

Sales of two-wheelers in overseas markets grew by 34.6 percent to 23,438 units in January 2014 from 17,406 units sold in the same month of the previous year.

Mahindra and Mahindra

Auto-maker Mahindra & Mahindra reported 13.77 percent decline in its total sales at 42,685 units in January.

The company had sold 49,503 units in the same month previous year, the company said in a statement.

In January, M&M's domestic sales stood at 40,324 units as against 47,841 in the same month previous year, down 15.71 percent.

Total sales of passenger vehicles, including Scorpio, XUV500, Xylo, Bolero and Verito, stood at 19,792 units during the month as against 26,555 in January 2013, down 25 percent.

Sales of the company's four-wheel commercial vehicles were up 4 percent at 15,100 units as against 14,451 units in January 2013, it said.

M&M's exports were up by 42 percent to 2,361 units during the month from 1,662 units in January 2013.

Commenting on the sales performance, M&M Chief Executive (Automotive Division) Pravin Shah said: "The first month of 2014 did not witness any improvement in the overall industry performance and the situation remains subdued."

The recent repo rate hike will in coming months will escalate the rate of interest on car loan impacting customer sentiment, he added.

"We hope the upcoming Auto Expo which will showcase new products and technology will provide a trigger in giving a much needed boost to the auto industry and the overall sentiment," Shah said.

Mahindra's tractor subsidiary

Mahindra Group's tractor arm reported a 15 percent growth in sales at 20,109 units in January, driven by a robust Khareef crop and an expected good rabi crop.

The company had sold 17,473 units in January 2013, a company release said here.

The domestic sales stood at 19,389 units, a growth of 18 per cent over January 2013, it said.

"We have achieved a cumulative domestic growth till January 2014 of 23 percent. This is primarily due to a bumper kharif crop and the anticipation of a good Rabi crop," Mahindra & Mahindra Tractor and Farm Mechanisation chief executive Rajesh Jejurikar said.

The company expects the good run to continue for the rest of the March quarter, he said.

However, exports declined by a steep 33 percent to 720 units in Jnauray 2014 as against 1,071 units in January last year, the release said.

Honda Cars

Honda Cars India posted nearly three-fold rise in its domestic sales at 15,714 units in January, 2014.

The company had sold 5,451 units in the same month of the previous year, HCIL said today in a statement.

During January, the company sold 1,015 units of its small car Brio, 7,398 units of its latest sedan Amaze and 7,184 units of the premium sedan City.

Besides, the company sold 117 units of sports utility vehicle CRV. In addition, the company exported a total of 88 units during the month.

"We have received an overwhelming response to all new Honda City and the Honda Amaze continues to do strong sales," HCIL Senior Vice President (Marketing and Sales) Jnaneswar Sen said.

Ford India

Ford India today reported 49.45 percent increase in total sales at 10,634 units in January 2014.

The company had sold a total of 7,115 units in the same month previous year, Ford India said in a statement.

Domestic sales were up 10.62 percent to 6,706 units in January as against 6,062 units in the same month previous year, it added.

The company exported 3,928 units last month as against 1,053 units in the year-ago period.

Ford India Executive Director (Marketing, Sales and Service) Vinay Piparsania said: "Ford has ushered in the new year on a note of growth and commitment, and our commitment to India is not just business-centric...".

Toyota Kirloskar

Toyota Kirloskar Motor (TKM) reported 18.14 percent decline in its domestic sales at 10,910 units in January 2014.

The company had sold 13,329 units in the corresponding month previous year, Toyota Kirloskar Motor (TKM) said in a statement.

During the month, the company exported 1,530 units of Etios, it said.

"The market continues to be sluggish and the market sentiments remain low," TKM Senior Vice- President, Sales and Marketing N Raja said.

The company will be unveiling the all new Corolla Altis and Etios Cross at the Auto Expo 2014, he added.

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