Let's take a quick look at some of the carmakers performed in terms of sales in the month of January 2020. Maruti Suzuki started off the New Year on a positive note, reporting increased sales after months of de-growth.
Maruti Suzuki: The country’s largest car maker Maruti Suzuki posted a marginal increase of 0.3% to sell 139,884 units in January. The company had recorded sales of 139,440 units in the corresponding period of the last financial year.
Tata Motors: Tata Motors reported a 17.74 per cent decline in total sales at 47,862 units in January. The company had sold a total of 58,185 units in January 2019, Tata Motors said in a statement. Total domestic sales were down 18 per cent at 45,242 units as compared to 54,915 units in January last year, it added.
MG Motor India: MG Motor India reported retail sales of 3,130 units in January 2020 while forecasting a hit on sales this month due to 'significant disruption' in supply chain from European, Chinese and other Asian suppliers due to the coronavirus outbreak.
Honda Cars India: Honda Cars India Ltd (HCIL) reported a 70.98 per cent decline in domestic sales to 5,299 units in January, as it dispatched only BSVI-compliant petrol models last month. The company had sold 18,261 units in the domestic market in January 2019, HCIL said in a statement.
Mahindra & Mahindra: Mahindra & Mahindra (M&M), a part of the USD 20.7 billion Mahindra Group, reported 6 per cent decline in its total sales at 52,546 units in January 2020. The company had sold a total of 55,722 units in January 2019, M&M said in a release.
News Source: The Economic Times