Auto firms log subdued sales in April amid Covid-19
Major automobile manufacturers Maruti Suzuki, Hyundai Motor, Tata Motors and Kia on Saturday reported a decline in passenger vehicle sales in April compared with March this year as the second wave of the coronavirus pandemic hit dispatches.
However, Mahindra & Mahindra along with Honda Cars India posted a sequential growth in their passenger vehicle sales in April.
Sales in April this year are not comparable with that of the corresponding month a year ago as companies had reported zero sales because of the nationwide lockdown imposed to curb the outbreak of the Covid-19 pandemic in the country.
Maruti Suzuki India (MSI) reported a 4 per cent decline in total sales to 1,59,691 units in April compared with 1,67,014 units in March this year.
Similarly, Hyundai Motor India’s total sales declined 8 per cent to 59,203 units from 64,621 units sold in March this year.
Tata Motors said its passenger vehicle sales in the domestic market stood at 25,095 units in April, down 15 per cent from 29,654 units in March this year.
However, Mahindra & Mahindra said its passenger vehicles sales in the domestic market stood at 18,285 units last month, up 9 per cent from 16,700 units in March 2021.
Honda Cars India also reported a 28 per cent increase in its domestic sales to 9,072 units last month compared with 7,103 units in March this year.
Toyota Kirloskar’s dispatches to the dealers last month stood at 9,622 units. Kia India reported a 16 per cent decline in dispatches to 16,111 units in April, while MG Motor India’s retail sales last month stood at 2,565 units.