Maruti and Hyundai Domestic Sales up in May 2014

Maruti sold 100,925 units in May 2014 against 84,677 units in May 2013, registering growth of 19%. Domestic sales rose by 16% in May 2014 with 90,560 units against 77,821 units sold in May 2013. The exports for the month increase by 51% with 10,365 units against 6,856 units in May 2013.

The passenger car sales rose by 12% in May 2014 at 74,536 units against May 2013 sales of 66,342 units. The Utility segment which includes Gypsy, Ertiga and Grand Vitara, registered sales of 5,253 units in May 2014 against 4,307 units sold in May 2013 registering 22% growth. The sales of Maruti Vans – Omni and Eeco stood at 10,771 units in May 2014 marking 50% growth against 7,172 units sold in May 2013.

The Mini Car Segment which includes M800, Alto, A-Star, WagonR witnessed 25% sales decline as Dzire (Super Compact) sales fall by 25%. Compact Car Segment which includes Swift, Estilo, Ritz and Celerio had registered growth of 54%. Sales of SX4 (Mid-Size) suffers a huge decline of 76%.

Hyundai Cumulative Sales declined by 9%

Commenting on the May sales Mr. Rakesh Srivastava, Sr. VP- Sales and Marketing, HMIL said, “Hyundai with a volume of 36,205 units has grown by 12.8% over last year which is in line with this year’s objective to grow in market share and volume. The phenomenal success of Xcent, Grand and Santa Fe increased volumes creating positive momentum. We foresee to maintain this positive trend by strengthening our product portfolio and improving channel efficiencies.”

Source: Autobei