Auto Industry in India reported marginal to positive car sales in the month of October 2018. The automobile market that had faced serious setback due to monsoons during the festival season and other economic conditions is now slowly starting to recover and hence the sales were reported to be only marginally improving than the previous months.
, India’s favourite carmaker registered a sales growth of only 1.5% with 1,38,100 units sold in the domestic market. Exports dropped by 17% on the other hand with only 8,666 units in October 2018 compared to same month last year. Baleno
contributed to this growth in sales while the big vehicles like S-Cross, Vitara and Ertiga contributed poorly this time.
, the next popular car maker in the country registered highest ever sales in terms of numbers. There was a rise of 4.9% in their domestic market sales. Both domestic and exports recorded 65,020 units with exports up by 3.7% compared to October 2017. Their recently launched New Santro
alone recorded sales of 8,500 units in few days’ time.
reported an increase of 30% sales with cumulative sales of 21,346 units as against 15,033 units (YoY). Domestic sales were up by 53% and exports by 12% altogether making it a good time for the brand that also launched the Aspire Facelift in October 2018.
India recorded decline of 5% in cumulative sales while the domestic markets had grown marginally by 2% and exports market being the worst hit at a drop of 60%. Their total sales were reported to be 13,245 units of which only 639 units went for exports.
Mahindra & Mahindra
registered sales growth by 14% in October with 58,416 units sold in total. Domestic sales witnessed a rise of 13% of which passenger vehicles were up by 13% and commercial vehicles by 26%.
Honda Cars India
reported 14,233 units as against 14,234 sold in October 2017. Tata Motors
recorded an increase of 11% in the passenger vehicle segment, while commercial vehicle segment went up by 22%. Their cumulative sales numbers stood at 57,710 units in October 2018 compared to 48,886 units in the same month last year.