Wednesday, January 19, 2022

November 2021 Sales: Maruti, Honda car sales slow in November; Sales of Toyota Kirloskar, Mahindra have increased

NEW DELHI: Leading passenger vehicle makers Maruti Suzuki India and Hyundai Motor India saw their internal sales decline in November, with production down due to a shortage of semiconductors. However, with the exception of Toyota Kirloskar Motor (TKM), domestic players Mahindra & Mahindra and Tata Motors reported last month an increase in wholesale sales of domestic passenger cars.

Maruti Suzuki India Limited (MSIL) said its total domestic sales fell by 18 per cent to 1,17,791 units last month from 1,44,219 units in November 2020. The company said in a statement that “the lack of electronic components has had a small effect on vehicle production this month.” Deficits mainly affect the production of vehicles sold in the domestic market. The company has taken all possible measures to reduce the impact.

Read also – November 2021 Sales: Tata Motors is rapidly increasing its market share, Hyundai sales have fallen sharply

Similarly, Hyundai Motor India Ltd. Ltd. said its internal sales fell 24 percent to 37,001 units in November this year from 48,800 units in November, 2020. Mahindra & Mahindra, on the other hand, said its domestic passenger car sales rose seven per cent last month to 19,458 units from 18,212 units in November, 2020. Vijay Nakra, Chief Executive Officer (Automotive Division) of the company, said, “With an 8 per cent growth in November, we have continued to grow in the SUV segment. Demand for SUVs, pickups and small commercial vehicles continues to grow in our product portfolio.

Also read- November was a tough month for Bajaj Auto, sales fell 10 percent

Tata Motors, the second-largest domestic company, said domestic passenger car sales rose 38 percent to 29,778 units in November from 21,641 units in the same month last year. Toyota Kirloskar Motor (TKM) reported that its internal sales rose 53 percent to 13,003 units in November from 8,508 units in the same month last year.

Read more- Toyota’s big announcement, Hilux pick-up truck will be launched in India, see when it will be launched

Honda Cars India Limited (HCIL) said its internal sales fell to 5,457 units in November 2021 from 9,990 units in the same month a year ago. On the other hand, Nissan India registered an internal sales of 2,651 units in November this year as against 1,017 units in November, 2020. In the two-wheeler segment, TVS Company’s domestic two-wheeler sales were 1,75,940 units in November 2021, up from 2,47,789 units in the same month last year. Thus, it has decreased by 29 percent. Similarly, Bajaj Auto said its domestic two-wheeler sales were 1,58,755 units in November, 2021 as against 1,98,933 units in the same month last year. Thus, it has decreased by 20 percent.

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