Tata Motors' passengers' vehicles sales increased by 13%
Tata Motors’ domestic and international sales for April 2023 are 69,599 units compared to 72,468 units during the same month in year 2022.
Commercial Vechiles:
| Category | April 2023 | April 2022 | Growth (Y-o-Y) |
|---|---|---|---|
| HCV Trucks | 6,984 | 7,425 | -6% |
| Passenger Carriers | 2,061 | 2,137 | -4% |
| SCV cargo and pickup | 10,314 | 14,711 | -30% |
| CV Domestic | 21,507 | 29,880 | -28% |
| CV IB | 985 | 958 | 3% |
| Total CV | 22,492 | 30,838 | -27% |
Passenger Vechiles :
| Category | April 2023 | April 2022 | Growth (Y-o-Y) |
|---|---|---|---|
| Totatl PV Domestic (includes EV) | 47,007 | 41,587 | 13% |
| PV IB | 100 | 43 | 133% |
| Total PV (includes EV) | 47,107 | 41,630 | 13% |
| EV (IB + Domestic ) | 6,516 | 2,333 | 179% |
Ashok Leyland consigns the increase of 10%
Ashok Leyland consigns the growth of 10% to 12,974 units in April 2023.
Sales Snapshots (Y-o-Y)
- Truck sales were down by 4% to 6,831 units.
- Bus sales rose 82% to 1,102 units.
- Light commercial vehicle sales increased by 21% to 5,041 units.
Maruti Suzuki's share of SUVs in the domestic market stands at about 47% during April 2023.
Maruti Suzuki India Limited (MSIL), a subsidiary of Suzuki Motor Corporation,Japan. The company said due to a shortage of semiconductor chips they observed some production loss in April 2023 and lost some volume.
Sales Snapshots (Y-o-Y)
- Domestic Sales rose 8.6% to 1.44 lakh units.
- Sales in the mini and compact segment rose by 16.7% to 89,045 units.
- Exports were down by 7.8% to 16,971 units.
Hyundai Motor India: The company aims to carry forward its momentum with SUVs.
Tarung Gang, COO, Hyundai Motor India said ” The double-digit growth in the domestic market is backed by an overwhelming response to its new Verna. The company consigns the increase of 3.5% to 58,201 units in April 2023.
Sales Snapshots (Y-o-Y)
- Domestic Sales increased by 13% to 49,701 units.
- Exports were down by 30% to 8,500 units.
Passengers Vehicles domestic sales in April 2023:-
| Domestic Sales | April 2023 | April 2022 | % Changes |
|---|---|---|---|
| MG Motor | 4,551 | 2,008 | 126% |
| Mahindra & Mahindra | 34,698 | 22,526 | 54% |
| Nissan India | 2,617 | 2,110 | 24% |
| Kia India | 23,216 | 19,019 | 22% |
| Hyundai | 49,701 | 44,001 | 13% |
| Tata Motors | 47,007 | 41,587 | 13% |
| Maruti Suzuki | 1,37,320 | 1,21,995 | 12.5% |
| Toyota Kirloskar | 14,162 | 15,086 | -6% |
| Honda Cars | 5,313 | 7,874 | -33% |
Hero MotoCorp: Scooter sales increased to 27,277 units in April 2023.
The company said it expects the momentum to build up in the coming months on account of a combination of multiple factors, including a slew of new product launches, healthy growth in the country’s GDP, and positive consumer sentiments.
Sales Snapshots (Y-o-Y)
- Scooter sales increased by 5% to 27,277 units.
- Motorcycle sales dropped 6% to 3.68 lakh units.
- Domestic sales dropped 3% to 3.86 lakh units.
- Exports declined 51% to 9,923 units.
Two-wheelers' domestic sales in April 2023:-
| Domestic Sales | April 2023 | April 2022 | % Changes |
|---|---|---|---|
| Bajaj Auto | 1,81,828 | 93,233 | 95% |
| TVS Motor | 2,32,956 | 1,80,553 | 29% |
| Royal Enfield | 68,881 | 53,852 | 28% |
| Suzuki Motorcycles | 67,259 | 54,327 | 24% |
| HMSI | 3,38,289 | 3,18,734 | 6% |
| Hero MotoCorp | 3,86,184 | 3,98,490 | -3% |