Mahindra & Mahindra Sales : November 2009

Mahindra & Mahindra Ltd. (M&M Ltd.), a part of the US $6.3 billion Mahindra Group, today announced that its domestic auto sales for the month of November 2009 stand at 21387 units, as against 10430 units in November 2008, an increase of 105.1%.

Total UV sales in November 2009 which includes the Scorpio, the XYLO, the Bolero and Pick-Ups stands at 15193 units as against sales of 7523 units in November 2008, which is a growth of 102%.

Mahindra’s YTD domestic sales stand at 178447 units in November 2009, as against 147300 units for the same period last year.
The company sold a total of 22587 vehicles (Domestic + Exports) in November 2009 as against 11515 vehicles sold in November 2008.

TVS Motor Sales : November 2009

TVS Motor Company has posted 23% growth in November 2009, registering total two wheeler sales of 120,844 units against 98,402 units in the corresponding period of the previous year. The company continued to post growth in sales for the eighth consecutive month, registering a cumulative growth of 8% with sales of 989,353 units in the current financial year up to November 2009 against 917,439 units in the same period last year. Domestic sales of the company witnessed a quantum increase in sales positing growth of 38% recording 106,836 units in November 2009 as against 77,491 in the corresponding period of the previous year. The company's scooter sales grew by 38% posting 25,115 units when compared to 18,210 units in the corresponding period of the previous year.

Total motorcycle sales of the company stood at 45,080 units in November 2009 when compared to 45,276 units recorded in November 2008.

Exports recorded sales of 14,008 units of two wheelers in November 2009 as against 20,911 units in the corresponding period of the previous year.

During the month, the company unveiled two novel products, 110 cc motorcycle TVS Jive and 110 cc automatic scooter, TVS WEGO. TVS Jive features innovative T-Matic technology with rotary gear technology coupled with an automatic clutch. The bike's anti-stall mechanism makes smooth riding possible at low speeds even in high gears, without the engine shutting off. The downward rotary gear system enables the rider to reach neutral straight from top gear. The bike can be started in any gear and is fitted with an electric start for convenience. TVS WEGO is a multi-user, family-friendly and sleek metal bodied scooter that strikes a perfect balance between stability and maneuverability, power and mileage, and sturdiness and ease, making it a delight to ride for any category of users.

The company hopes to add around 15% to 20% to its monthly sales, once these new products are made available in the market.

Honda Siel Cars India Ltd Sales : November 2009

Honda Siel Cars India (HSCI) Ltd., leading manufacturer of premium cars in India, sold 39,555 units during the fiscal year period April-November 09 as against 30,032 units during the same period last year recording an increase of 31.7%.

The company sold 5,125 units in the month of November '09 as against 5,025 units sold during the corresponding month last year recording an increase of 2%.

During the month of November, the third generation Honda City crossed the significant milestone of selling more than 50,000 units in 12 months.

Model wise sales break-up: City: 3856; Civic: 551; Accord: 172; Jazz: 546. There were no dispatches for Honda CR-V during November 09.

Hyundai Motor India Ltd Sales : November 2009

Hyundai Motor India Ltd records highest ever sales in November 2009. HMIL’s total sales for November, 2009 stood at an all time high of 55,265 units against 43,020 units in November, 2008 registering 28.5% cumulative growth. The domestic sales grew at a whopping 92.8% and accounted for 28,162 units as against 14,605 units in November, 2008 while the exports dipped marginally to 27,103 units as compared to 28,414 units last November – a fall of 4.6%.

Commenting on November, 2009 sales Arvind Saxena, Sr. Vice President - Marketing and Sales, HMIL said, “The overall economic scenario has been positive and this has translated in to more footfalls in the showroom and higher automobile sales as indicated by this month’s figures. We hope the economy will continue on a growth trajectory as it will help the Indian automotive industry to maintain a double digit growth figure.”

The segment-wise cumulative sales in the month of November, 2009 are as follows: A2 Segment (Santro, i10, Getz & i20) 50,501 units; A3 Segment (Accent & Verna) 4,748 units; A5 Segment (Sonata Transform) 15 units; and SUV Segment (Tucson) 1 unit.