Pick-up in car sales

By Our Special Correspondent

NEW DELHI, DEC. 1. Maruti Udyog today claimed that it had achieved over 60 per cent market share in November by selling 27,007 vehicles. This is the first time in this fiscal that Maruti's market share has crossed 60 per cent, stated a company news release.

The company sold relatively fewer vehicles in October partly due to a union-management stand-off. The performance in November is a 52 per cent improvement over October, said the company news release.

MUL sold 18,139 units in the A segment, 8,087 units in the B segment which has been fortified with the introduction of the Wagon-R and Alto and 781 in the C segment.

During November, the company sold 13,192 units of Maruti 800 as against 8,775 last month, 4,947 Omni (2,934), 667 Esteem (493), 114 Baleno (72), 3,649 Zen (3,022), 550 Wagon-R (521) and 3,888 Alto (1,853).

Honda Siel Cars announced that it had sold 737 units of Honda City.

This was 62 per cent higher than the sales for the corresponding month last year. The cumulative sales achieved during the current fiscal stands at 6,509 units which is higher by 787 units over the same period last year.

Hyundai Motor

Hyundai Motor India Ltd. (HMIL) today reported a November sale of 7842 cars, up by 6.5 per cent from October sales. A release from the company says that it has sold 1.52 lakh cars thus far since its debut car Santro was unleashed on the Indian market in October 1998. Sales have recorded a 54.5 per cent growth during January-November this year compared to the same period last year.

General Motors

General Motors India (GMI) reported a steep jump in car sales at 446 units during November as against 141 units sold in the same month last year. The company sold 200 units of its premium mid- size 'Opel Astra' car during the month while the rest comprised mid-size 'Opel Corsa", according to Mr. P. Balendran, Vice President (corporate affairs).

The November sales were, however, down by 18 per cent compared to 543 cars sold in the previous month, he said.

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Section  : Business
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