Auto sales pick up in October on festival gear

Riding on the festival kick, the auto sales for the month of October reported increase in the country, though it is still down on the year-on-year basis. Navrati, Dussehra and Diwali together gave a push to the sales.

MG Motor India sold over 3500 units of the MG Hector SUV in India during the month. Compared to September 2019 when 2608 units were sold, the sales of has now grown by over 26 per cent. and the rise in sales could be attributed to the festive mood, considering most days of the Navratri, along with Dussehra, and Diwali week all came in October.

The leader, Maruti, posted a 6 percent growth in volume. At the top of the list continues to be Maruti Suzuki, with mammoth sales of 1.39 lakh cars. Compared to Oct 2018, this was an increase of 2.33%. Market share of Maruti Suzuki India for Oct 2019 stood at 48.9%.

Hyundai India sold 50,010 units in Oct , accounting for 17.58% market share.

Honda Cars India sold 10,010 units in the domestic market. Exports for the Japanese automaker stood at 633 units as the season proved rewarding for the company. The sales numbers for Mahindra stood 18,460 units in the passenger vehicle segment.

Tata Motors registered a 34 percent YoY decline in commercial vehicle sales, led by 62.2 percent drop in the M&HCV segment and 19.6 percent in LCVs. Eicher, the leader in the premium bike segment, however, witnessed a growth of 2.1 percent in its monthly sales numbers. For Oct 2019, Kia Seltos sales stood at 12,850 units.

Toyota sold 11,866 units while Renault registered 62% increase in sales, riding on the launch of new Kwid facelift. Ford sold 7,017 cars while Volkswagen India was able to sell 3,213 units. Launch of new Polo and Vento facelift ahead of the festive season has helped the company. Polo and Vento sales in Oct 2019 have increased by 19%, as against Oct 2018.


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