Auto sales LIVE: Maruti Suzuki, Tata Motors see growth in domestic PV sales in April; will SUVs continue to lead the way?
Auto sales India April 2023 LIVE: Indias top auto manufacturers - including the likes of Maruti Suzuki India (MARUTI), Tata Motors (TATAMOTORS), Mahindra & Mahindra (M&M), Bajaj Auto (BAJAJ-AUTO), Hero MotoCorp (HEROMOTOCO), TVS Motor Company (TVSMOTOR) and Royal Enfield parent Eicher Motors (EICHERMOT) - are reporting their monthly sales numbers. Be the first to analyse the auto sales report cards by the makers of PVs, CVs, SUVs, EVs, tractors and other automobiles here on Zeebiz.coms blog.
Auto sales India April 2023 LIVE: It's a new month! India's top auto manufacturers — including the likes of Maruti Suzuki India (MARUTI), Tata Motors (TATAMOTORS), Mahindra & Mahindra (M&M), Bajaj Auto (BAJAJ-AUTO), Hero MotoCorp (HEROMOTOCO), TVS Motor Company (TVSMOTOR) and Royal Enfield parent Eicher Motors (EICHERMOT) — are reporting their monthly sales numbers.
Are your favourite cars and motorcycles among the top-selling models?
In March 2023, sports utility vehicles (SUVs) made up more than half of India's record four million passenger vehicle sales in the financial year 2022-23, signalling growing popularity of the relatively pricier vehicles in a budget-conscious market, according to data released by industry body SIAM last month. Automobile manufacturers have sharpened their focus on producing SUVs, as consumers continue to shell out more for the feature-packed cars despite inflation trending higher through the year.
Find out answers to all your questions on the April 2023 sales reports, and much more, LIVE only on Zeebiz.com's blog. Be the first to analyse the auto sales report cards by the makers of passenger vehicles (PVs), commercial vehicles (CVs), SUVs, electric vehicles (EVs) motorcycles, scooters, trucks, tractors and other automobiles:
Latest Updates
Auto sales | Mahindra & Mahindra (M&M) passenger vehicle sales jump 54% in April
Mahindra & Mahindra — the maker of the XUV 400 EV — sold 34,698 passenger vehicles last month, as against 22,526 in April 2022, according to a company statement.
Here are some highlights:
- SUV sales up 57 per cent at 34,694
- Total sales (including exports) at 62,294 vehicles vs 45,640 a year ago
- Company says growth continues after a recordbreaking 2022-23
- CV sales growth at 16 per cent in April
- M&M says it continues to keep a close watch on dynamic supply chain situation, calls it an industry phenomenon
M&M shares are flat at this hour at Rs 1,226.1 apiece on BSE, having moved within Rs 15 around the flatline, between Rs 1,217.5 and Rs 1,232, earlier in the day.
Auto sales April 2023 | Maruti Suzuki says it took all possible measures to minimise some impact of electronic components shortage on production
Image: Reuters
Auto sales April 2023 | Tata Motors sells 6,516 EVs in domestic, international markets
The total passenger vehicle sales figure of 47,107 units includes electric vehicles.
Auto sales LIVE | Tata Motors domestic passenger vehicle sales increase 13% in April 2023
The Tata group auto giant sells 47,007 passenger vehicles in the domestic market in April, up 13 per cent compared with the corresponding period a year ago.
Maruti Suzuki sales | Sales in compact segment, Baleno, Dzire, Swift, WagonR etc) jump 26.6%
The carmaker reports sales of 74,935 cars in its compact segment, which comprises Baleno, Celerio, Dzire, Ignis, Swift, Tour S and WagonR , as against 59,184 vehicles a year ago.
Maruti Suzuki sales April 2023 | Total sales rise 6.5% to 1,60,529 vehicles
Category/segment April 2023 April 2022 Total passenger cars 90,062 76,900 Total domestic sales including light commercial vehicles 1,39,519 1,26,261 Exports 16,971 18,413 Total sales (domestic sales and exports) 1,60,529 1,50,661 Maruti Suzuki sales | India's biggest carmaker sells 12.6% more passenger vehicles in domestic market in April 2023 vs April 2022
Maruti Suzuki India — the country's largest carmaker — sells 1,37,320 passenger vehicles in the domestic market in April 2023 as against 1,21,995 in the corresponding month a year agom an increase of 12.6 per cent compared with the year-ago period.
Exports by Maruti Suzuki — whose passenger car portfolio includes Alto, Baleno, Swift, WagonR, Brezza and S-Cross — contract 7.8 per cent to 16,971 vehicles, according to a company statement.
The company's total sales — comprising domestic sales and exports — come in at 1,60,529 vehicles as against 1,50,661 in the year-ago period.
Image: Reuters
Auto sales | Did you know SUVs took India's PV sales to record high in 2022-23?
Sports-utility vehicles made up more than half of the country's record four million passenger vehicle sales in the year ended March 31, 2023, according to industry body SIAM. The reading signalled growing popularity of the relatively pricier vehicles in a budget-conscious market.
Automakers have sharpened their focus on producing SUVs, as consumers continue to shell out more for the feature-packed cars despite inflation trending higher through the year.
Image: Reuters
Auto sales 2023 LIVE | Some highlights from March sales reports
Maruti Suzuki met, Tata Motors fell short of analysts' estimates
- Maruti Suzuki total sales down 0.2 per cent on year-on-year basis at 1,70,071 in March; Zee Business analysts had estimated company's total sales at 1,57,500
- Tata Motors domestic PV sales up 4.1 per cent at 44,044 units vs estimate of 47,000; CV sales down 0.5 per cent at 46,823 vs estimate of 45,000
- Hero MotoCorp two-wheeler sales up 15.4 per cent at 5,19,342 vs estimate of 4,90,000
- Bajaj Auto two-wheeler sales down 3.6 per cent at 2,47,002 vs estimate of 2,36,000
- Eicher Motors VECV sales up 35.2 per cent at 11,906 vs estimate of 9,600: Royal Enfield sales up seven per cent at 72,235 vs estimate of 72,000
- TVS Motor two-wheeler sales up five per cent at 3,07,559 vs estimate of 2,85,500
Auto sales LIVE | Maruti Suzuki, Tata Motors, Mahindra & Mahindra, Bajaj Auto, Hero MotoCorp, Ashok Leyland, other auto makers to report April 2023 sales numbers soon
Good morning! Welcome to Zeebiz.com's LIVE blog on April 2023 auto sales in India!
Maruti Suzuki, Tata Motors, Bajaj Auto, Hero MotoCorp, TVS, Royal Enfield, Ashok Leyland, other top makers to report their sales reports soon
Are your favourite cars and motorcycles among the top-selling models? Find out this and much more on our LIVE auto sales April 2023 blog!
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