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Car sales in India witnessed an annual growth of 30.8 % in June

Published On Jul 08, 2010 12:39 PM By Vikas

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The auto industry in India registered an annual growth of 30.8 percent in the month of June 2010, as per the data issued by the industry body on Thursday. The total car sales in the country stood at 1,41,184 units during the month, as compared to the 1,07,984 units sold in the same period last year. On the other hand, the sales of commercial vehicles like trucks and buses, which is considered a barometer of the economic activity in the country, jumped by 44 percent to 52,211 units during the month.

Tata Motors, which is India's highest revenue earning company, emerged as one of the fastest growing auto company in June 2010 and reported a whooping 63% jump in passenger car sales in June. The company has replaced Hyundai Motors as the second-largest car maker in the country. The cumulative sales figures (including exports) for Tata commercial and passenger vehicles in June 2010 stood at 67,730, thus, registering a growth of 49% over 45,440 vehicles sold in June 2009.

Country's largest car maker Maruti Suzuki, however, performed below expectation with registering a mere 18% growth during June 2010. Company's exports increased by 15% during the same period.

With this, Mahindra & Mahindra, largest Utility Vehicle (UV) maker, registered a sales growth of 19.84 percent during the period. The company sold 27,562 units of its vehicles in the Indian market during this month, as against 22,999 units sold in the same period last year.

General Motors India, Ford India and Toyota Kirloskar Motors were among the other good performers during the period.

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