Auto majors register negative growth in July

Major automobile companies including Maruti Suzuki, Hyundai, Mahindra and Mahindra have reported a decline in their July sales on Saturday. On the other hand MG Motor India said its retail sales increased by 40 per cent.

New Delhi:Major automobile companies including Maruti Suzuki, Hyundai, Mahindra and Mahindra have reported a decline in their July sales on Saturday. On the other hand MG Motor India said its retail sales increased by 40 per cent.

Maruti Suzuki's total sales slips 1.1% in July

Automobile major Maruti Suzuki reported a marginal year-on-year decline of 1.1 per cent in total sales during July 2020.

Accordingly, the company's total off-take declined to 1,08,064 units from 109,264 units sold during July 2019.

The total sales include 1,00,000 units off-take in the domestic market and 1,307 units to other OEM.

As per a company statement, exports during the period under review fell to 6,757 units from 9,258 units being shipped out in July 2019.

"Maruti Suzuki India Limited posted total sales of 108,064 units in July 2020. This is a growth of 88.2 per cent over June 2020 and a fall of 1.1 per cent over July 2019,"

"This includes domestic sales of 100,000 units and 1,307 units for other OEMs in the domestic market. In addition, the company exported 6,757 un its in July 2020."

Hyundai Motor India sales drop 28% in July

Hyundai Motor India Ltd (HMIL) reported a 28 per cent decline in total sales to 41,300 units in July.

The company had sold 57,310 units in the same month last year, HMIL said in a statement.

Domestic sales last month were at 38,200 units as against 39,010 units in July 2019, down by 2 per cent.

Exports were down 83 per cent at 3,100 units last month as compared to 18,300 units in the year-ago period.

Mahindra sales dip 36% in July

Mahindra & Mahindra (M&M) reported a 36 per cent decline in total sales at 25,678 units in July.

The company had sold 40,142 units in the same month last year, M&M said in a statement.

In the domestic market, sales were down 35 per cent to 24,211 units last month compared to 37,474 units in July 2019.

Exports dropped by 45 per cent to 1,467 units as against 2,668 units in the year-ago month.

In the passenger vehicles segment, which includes UVs, cars and vans, it sold 11,025 vehicles in July this year, against 16,831 vehicles in the same month last year, down 34 per cent.

In the commercial vehicles segment, the company sold 13,103 vehicles as against 15,969 units earlier, a dip of 18 per cent.

Toyota Kirloskar sales drop 48%

Toyota Kirloskar Motor (TKM) reported a 48.32 per cent decline in domestic vehicle sales to 5,386 units in July compared to 10,423 units in the same month last year.

The company had clocked domestic sales of 3,866 units in June.

MG Motor retail sales increase by 40% in July

MG Motor India said its retail sales increased by 40 per cent to 2,105 units in July compared to 1,508 units in the same month of last year.

(With PTI and IANS inputs)