June Auto Sales: Maruti Sales Triple; M&M, Tata Motors Also Sees Rebound

Veejay Nakra, Chief Executive Officer, Automotive Division, M&M Ltd, said in a statement that with the gradual opening of the market, they are seeing an increase in demand in both urban and rural areas, and we expect the upward trend in demand to continue across all categories and markets. Except for the worldwide semiconductor issue, the company’s supply chain has also steadied, according to Nakra.

The Farm Equipment market also showed a resurgence in sales, with tractor sales nearly doubling to 48,222 units in May.

In a statement, Hemant Sikka, President of Farm Equipment Sector, Mahindra & Mahindra Ltd., stated that the timely arrival of monsoon, increase in MSP rates for key kharif crops, and continued strong government support to all agri activities are also providing strong momentum to the tractor industry.

Royal Enfield’s Sales increased by 58% in June

Royal Enfield’s sales have increased by 58%. According to the records, Royal Enfield, the maker of India’s cult cruiser motorcycles, saw its sales increase 58 percent to 43,048 units in June.

A glimpse of sales (M-o-M)

Models with engine capacities up to 350 CC had an increase in sales to 37,258
units in June, up from 22,754 units in May.
Sales of models with capacities greater than 350cc increased to 5,790 units in June, up from 4,560 units in May.
Exports, on the other hand, increased modestly to 7,233 units from 7,221 units in May.

Ashok Leyland sells a total of 6,448 units

According to the company’s exchange filings on Thursday, Ashok Leyland Ltd. recorded total sales of 6,448 units in June.

The automaker’s sales increased by 102 percent in May.

Domestic sales increased to 5,851 units in June, up from 2,738 units in May.
Domestic sales of medium and heavy commercial vehicles increased to 2,364 units in June, up from 1,513 units in May.
In May, domestic light commercial vehicle sales increased to 3,487 units.

M&M’s Auto & Tractor Sales Increased

Mahindra & Mahindra Ltd.’s passenger car segment sold 32,964 units in June, an 89 percent rise over May, the company said in a statement on Thursday.

Monthly Sales Snapshot (MoM) –

In June, passenger vehicle sales more than doubled to 16,913 units.
In June, the commercial vehicle market, which includes electric three-wheelers, sold 16,051 units.

Tata Motors’ passenger vehicle sales have increased by 59%

Tata Motors Ltd.’s passenger car division sold 24,110 units in June, according to a company statement. Passenger vehicle sales increased 59 percent over the previous month as demand begins to rebound as lockdown restrictions are eased across the country.

A glimpse of sales (MoM):

Tata Motors’ domestic sales increased by 78 percent to 43,704 units.
In June, total domestic commercial vehicle sales increased to 22,100 units, up from 11,401 units in May.

The June Sale of Maruti Suzuki Triples

India’s largest automobile manufacturer, reported total sales of 1,47,368 units in June, a 217 percent increase over the 46,555 units it sold in May. Demand is being driven by robust growth in the micro and compact car segments, as well as the utility vehicle category, as lockout limitations are being relaxed.