GM India, Hyundai and Maruti Suzuki have registered unprecedented growth for the month of September. While GM India grew by 49%, the corresponding figures for Hyundai and Maruti were 25% and 17% respectively.
GM India sold 7,654 units in September against 5,154 units during the same period last year, registering the highest-ever monthly sales figure achieved by GM India since its inception. The September 2009 sales comprise of 4,706 units of the Chevrolet Spark, 1,329 units of the Chevrolet Tavera, 753 units of Aveo U-Va, 424 Units of Aveo, 319 units of Chevrolet Optra and 123 units of the Chevrolet Captiva.
Hyundai Motor India Ltd, the country’s second largest car manufacturer and the largest passenger car exporter saw cumulative sales peak at a record 53,804 units in September, 2009 against a number of 46218 during the same period. After months of slowdown the domestic market buoyed by the strong festive season sales recorded a high growth rate of 25% after months of fluctuating sales. The overseas sales grew at a modest 9% as the export market slowed down with the scrappage incentive coming to an end in most European markets.
Maruti Suzuki India Limited, India’s car market leader, sold a total of 83,306 vehicles in September 2009, growing 17.3 percent in the month. This includes exports of 11,712 units.