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Monday, January 3, 2011

Auto sales regain momentum in December

Hyundai Motor India ,one of the country’s largest car manufacturer recorded  a 17.6% rise over 22,252 units sold in December 2009. Hyundai Motor expexts the market to continue to grow in 2011 although the rate of growth may come down.

Mahindra & Mahindra  vehicles segment also registered a growth of 28%, having sold 15,601 units in December 2010, as against 12,212 units during December 2009.Tata Motors vehicle business recorded  28% rise in its total domestic sales in December 2010 at 19,977 units as against 15,661 units in December 2009. Tata Nano sales also  touched 5,784 units last month, about 60% higher over December 2009 .Ford India December sales were up 172%, with more than 60,000 units of Figa  sold in India since its launch in March 2010.

Toyota Motors saw a marginal rise in sales , grew 5% on-year with 6,359 units sold in December 2010. General Motors also sold 8,468 units against 8,258 units sold in December 2009, recording a rise of 2.5%.

After witnessing slower growth in November 2010 , auto sales regain in December 2010 by attractive year-end schemes.

Related News On >> Automobile Industry , Automobile Industry India

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