Maruti Suzuki India Ltd. (MSIL) sold 1.49 lakh cars in September 2016, marking a growth of 31 percent in overall volume sales from 1.14 lakh units sold during the month last year. Exports grew 54 percent to 11,822 units as against 7,676 cars sold in September 2015. Toyota Kirloskar Motor domestic car sales rise 6 percent. Mahindra & Mahindra reported 5 percent increase in passenger vehicle sales.
In the domestic market, MSIL, which is India's largest carmaker, sold 1.37 lakh cars last month, up 29.4 percent over 1.06 lakh units sold in September 2015, the company said in a statement on Saturday.
Segments that witnessed strong growth during the month included utility vehicles (up 191 percent), mid-size (volumes up 52.5 percent), mini (up 24.8 percent) and super compact (up 23 percent).
The company's utility vehicles include the Vitara Brezza, S-Cross, Gypsy and Ertiga while its presence in the mid-size and mini segments is marked by Alto, WagonR and Ciaz.
MSIL shares closed at Rs 5,479.20 apiece on Friday on the Bombay Stock Exchange.
Toyota Kirloskar Motor (TKM)
TKM posted 6 percent growth in domestic car sales at 12,067 units as against 11,376 vehicles sold last September. However, exports fell to 1,000 cars from ,1252 units, the company said in a statement.
"The recently launched Innova Crysta has received an overwhelming response from the market including the Delhi and NCR region. Lifting of the ban has opened the order flow for Innova Crysta diesel vehicles in Delhi resulting to an average waiting period of 1.5 to 2 months," N. Raja, Director & Sr. Vice President, Sales & Marketing, Toyota Kirloskar Motor, said.
Mahindra & Mahindra
The Mumbai-based sold 20,537 passenger vehicles, 5 percent more than 19,564 units sold last September. The utility vehicle segment saw disappointing growth of 3 percent while the car segment grew 57 percent. Commerce vehicle sales rose 11 percent to 16,081 units, the company said in a regulatory filing to the BSE.
Other carmakers such as Hyundai Motor India, Honda, Tata Motors, Renault India and Ford Motors are yet to declare their volume sales data.
