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regular-article-logo Wednesday, 08 May 2024

Car sales jump in December

Quicker market recovery aided by increased demand for personal mobility and an impending price hike from January

Our Special Correspondent New Delhi Published 02.01.21, 02:44 AM
Hyundai Motor India saw a 24.89 per cent increase in car sales to 47,400 units in December 2020 compared with 37,953 units a year ago.

Hyundai Motor India saw a 24.89 per cent increase in car sales to 47,400 units in December 2020 compared with 37,953 units a year ago. Shutterstock

The year-end discounts and an impending price hike from January fired up car sales in December with market leader Maruti Suzuki India registering a 19.5 per cent growth in its domestic sales to 1,50,288 units in December 2020 against 1,25,735 units in December last year.

Hyundai Motor India saw a 24.89 per cent increase in car sales to 47,400 units in December 2020 compared with 37,953 units a year ago. Rajesh Goel, senior vice-president and director, marketing and sales, Honda Cars India Ltd, said, “Quicker market recovery aided by increased demand for personal mobility and our steady positive sales momentum is very encouraging.”

Honda reported monthly domestic sales of 8,638 units in December 2020 against 8,412 units in the corresponding month in 2019. SAIC-owned MG Motor India said it saw retail sales of 4,010 units, (including 3,430 units of Hector) during December 2020.

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