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Car sales rise 10 pc in Sept; CVs up 14.3 pc

Our Bureau

New Delhi , Oct. 14

DESPITE being a slack month for car sales due to the inauspicious shradh period in northern India, car sales were riding steadily on the recovery path in September.

Car sales increased 9.7 per cent in the month to 77,411 units against 70,507 units in the same month last year, according to data released by the Society of Indian Automobile Manufacturers.

Car sales, which have been on a roller-coaster ride this fiscal, moved up for the second consecutive month with major players like Maruti and Hyundai realising higher sales.

While Maruti saw sales jump 15.8 per cent to 40,047 units, the growth for Hyundai was 22 per cent at 14,283 units.

Industry officials said the various discounts and promotion schemes announced by several car manufacturers helped maintain consumer interest in the category.

Car sales in the first half of this fiscal were, however, subdued at 4,09,570 units, a growth of 6.14 per cent over 3,85,877 units in the corresponding period last fiscal. The sales were down in June and July, though they picked up in the last two months.

Motorcycles continued to witness high double-digit growth with sales rising 25.9 per cent to 5,38,889 units in September compared to 4,28,036 units in the same month last year.

In the first half of the fiscal, bike sales saw a healthy 20.49-per cent growth at 27,04,418 units against 22,44,596 units in the same period last fiscal.

Overall two-wheeler sales, including scooters and mopeds, were up by 20.4 per cent in September at 6,55,210 units(5,44,124).

While moped sales declined to 26,455 units (27,532), scooters just about managed to stay positive, rising 1.5 per cent to 89,866 units (88,556).

On the commercial vehicles side, sales were up 14.3 per cent in September at 31,737 units against 27,766 units in the year-ago period.

While the sales of medium and heavy commercial vehicles (M&HCV) were subdued, light commercial vehicles contributed to the growth as sales grew 32.5 per cent to 13,188 units. M&HCV numbers in September stood at 18,549 units, growing by 4.12 per cent.

Sales of commercial vehicles in the first half of this fiscal have gone up by 7.06 per cent to 1,50,531 units. Notably, sales of M&HCV were down 0.34 per cent at 86,474 units (86,765).

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