Maruti, Toyota ride festive wave as sales grow in Oct; Mahindra disappoints

Maruti Suzuki India (MSI), Toyota Kirloskar Motors and Tata Motors on Wednesday reported an increase in sales by 9.5 per cent, 6.45 per cent and 5 per cent respectively. Ashok Leyland reported a 3 per cent jump in total sales. On the other hand, Mahindra and Mahindra reported 1.65 per cent decline in total sales.

The sales number for the automakers in the month of October stood at 146,446 units for Maruti, against 133,793 in the same month year-ago; Toyota reported sales of 12,403 units, as compared to 11,651 units last year. Tata Motors sales rose to 48,886 units in October, the company had sold 46,500 units in the same month last year. Ashok Leyland sold 12,914 units this October and the company had sold 12,534 units in the same month last year. Mahindra and Mahindra sold 51,149 units in October, compared to 52,008 units in the same month last year. 

Maruti’s domestic sales stood at 136,000 units, up 9.9 per cent from 123,764 in October last year, MSI said. Tata’s sales of passenger vehicles in the domestic market grew by 1 per cent year on year to 16,475 units last month. Mahindra’s domestic sales grew marginally to 48,818 units last month compared to 48,729 in October 2016. 

Maruti’s ramped up the sale of utility vehicles, including Gypsy, Grand Vitara, Ertiga, S-Cross and compact SUV VitaraBrezza, which saw a jump of 29.8 per cent. Toyota's popular UV models Innova Crysta and Fortuner continued to enjoy good growth and demand in the market. Sales of Mahindra’s passenger vehicles, including Scorpio, XUV500, Xylo, Bolero and Verito, dipped by 5.35 per cent at 23,413 units compared to 24,737 units in the same month last year. 

Exports of Toyota’s Etios Series saw a huge jump of 63.96 per cent. Toyota exported 1,597 units of the Etios series in October 2017 compared to 974 in the same month last year. Exports for Maruti in October this year grew by 4.2 per cent to 10,446 units compared to 10,029 units in the same month last year. Mahindra’s Exports declined by 28.91 per cent to 2,331 units in October against 3,279 units in the year-ago month. On the exports front, Tata Motors said its overseas shipments last month were at 4,311 units, down 32 per cent year on year. 

On the sales performance, Toyota Director and Senior Vice- President - Sales and Marketing, N Raja said: "We are happy that the festive season has given a positive push to the domestic sales in the auto industry. There is a spur in the customer demand."

Commercial vehicle sales of Mahindra and Mahindra increased by 6.76 per cent to 19,279 units in October against 18,059 units in the year-ago period, M&M said. Tata’s domestic sales of commercial vehicles last month stood at 32,411 units as against 30,189 in October 2016, up 7 per cent. Ashok Leyland’s sale of medium and heavy commercial vehicles declined by 5 per cent to 9,110 units as against 9,575 in the year-ago month. Ashok Leyland’s sale of light commercial vehicle grew by 29 per cent to 3,804 units compared to 2,959 units in October last year.

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