December 2009 Witnessed High Jump in Auto Sales
Successfully beating the year-end blues, 68 per cent growth in sales was recorded by Indian automobile industry during the month of December 2009 as compared to December 2008.
Society of Indian Automobile Manufacturers (SIAM) said that in December 2009, 10, 00,500 units of vehicles were sold as compared to 5, 97,241 units December 2008. All major players such as Maruti Suzuki, Hyundai Motor, Tata Motors, Hero Honda and Bajaj Auto have recorded increase in sales.
He said that in China, 42 percent growth in passenger vehicle sales was recorded while Germany had 25 percent growth rate and India stood third, recording 18 percent growth rate.
Following increase in sales recorded for December 2009 when compared with December 2008:
In passenger car segment, sales of Maruti Suzuki rose by 35.43 percent, sales of Hyundai increased by 42.64 perecnt, Tata Motor's sales up by 53.69 percent.
While in motorcycle segment, Hero Honda's sales jumped by 78.73 percent to 3, 51 953 units, its arch rival Bajaj Auto's sales increased almost two folds, and TVS Motor Company recorded
43.26 percent growth in sales.
SIAM said that scooter segment sales also increased by 41.39 percent.
Three wheelers sales jumped by 83.67 percent while two fold increase recorded for light commercial vehicles.
Sales of medium and heavy commercial vehicles were up by three folds to 24, 037.