Automotive companies provide monthly sales updates to Investors and the public to help them monitor the market performance, understand consumer behavior, ensure transparency, and know about strategic decisions being taken within the automotive industry.
Listed below are monthly sales updates of the Automotive companies for April 2024.
Eicher Motors
Eicher Motors Limited is engaged in the manufacturing and selling of motorcycles, commercial vehicles, spare parts, and related services. Its automotive segment includes all activities related to the development, design, manufacture, assembly, and sale of two-wheelers as well as sale of related parts and accessories. It sells its motorcycles under the flagship brand Royal Enfield.
Eicher Motor Limited’s Motorcycles division made sales of 81,870 units in April 2024 against the sales of 73,136 units in April 2023, following a growth in sales by 12 percent. Its unlisted subsidiary VE Commercial Vehicles Limited made sales of 5,377 units in April 2024 against the sales of 6,567 units in April 2023, following a decline in sales by 18 percent
Atul Auto
Atul Auto is engaged in the business of manufacturing and selling three-wheeler automobiles and the sale of spare parts related to them in the domestic and international markets. Its brands include ATUL RIK, ATUL Gem, ATUL Gemini, and many others.
Atul Auto Limited made sales of 1,692 units in April 2024 against the sales of 715 units in April 2023, following a growth in sales by 136.64 percent.
Tata Motors
Tata Motors Limited is a leading automobile manufacturer offering a wide and diverse portfolio of cars, sports utility vehicles, buses, trucks, and defence vehicles across its global presence.
Tata Motors Limited has registered a total sales of 77,521 units in April 2024 against the sales of 68,514 units in April 2023 following a growth in sales by 12 percent.
Its Commercial Vehicles segment registered total sales of 29,538 units in April 2024 as against 22,492 units sold in April 2023 following a growth in sales by 31 percent and its passenger vehicles segment registered total sales of 6,364 units in April 2024 as against 6,516 units sold in April 2023 following a decline in sales by 2 percent.
Escorts Kubota
Escorts Kubota Limited is one of the leading engineering companies engaged in the business of manufacturing Agriculture machinery, Construction & Material Handling Equipment, Railway equipment, and many others.
Escorts Kubota Limited’s tractors division made sales of 7,515 units in April 2024 against the sales of 7,565 units in April 2023, following a decline in sales by 0.7 percent. Its construction equipment business made sales of 446 units in April 2024 against 457 units sold in April 2023 following a decline in sales by 2.4 percent.
Tvs Motor Company
Tvs Motor Company Limited is engaged in the manufacturing of motorcycles, scooters, mopeds, three-wheelers, parts, and accessories. Some of the well-known brands sold by the company are Apache RTR, TVS Jupiter, TVS IQUBE, TVS Raider, and many more.
Its Two Wheeler division registered a growth of 27 percent with sales increasing from 2,94,786 units in April 2023 to 3,74,592 units in April 2024. The Domestic two-wheeler segment registered growth of percent with sales increasing from 2,32,956 units in April 2023 to 3,01,449 units in April 2024
The Electric Vehicle Segment recorded sales of 17,403 units in April 2024, indicating continued robust demand against 6,227 units sold in April 2023.
Its total exports registered a growth of 12 percent with sales increasing from 71,663 units in April 2023 to 80,508 units in April 2024. Two-wheeler exports registered a growth of 18 percent with sales increasing from 61,830 units in April 2023 to 73,143 units in April 2024.
SML Isuzu
SML Isuzu is engaged in the business of manufacturing and sale of commercial vehicles and their parts. Its product portfolio includes buses, trucks, and special applications.
SML Isuzu Limited registered a total sales of 1,056 units in April 2024 as against the 1,437 units sold in April 2023, following a decline of 26.5 percent in sales.
The Cargo vehicles segment registered a total sales of 219 units in April 2024 as against the 263 units sold in April 2023, following a decline of 16.7 percent in sales. The Passenger vehicle segment registered a total sales of 837 units in April 2024 as against the 1,174 units sold in April 2023, following a decline of 28.7 percent in sales.
Written by: Bharath K.S
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