Bridgestone launches Ecopia tyres in India, offers 10% more efficiency    Fiat 500X receives top safety pick+ rating from IIHS    Chevrolet lists TrailBlazer on India website as launch nears    Indian Motorcycles inaugurates first dealership in Mumbai    Fiat to launch Abarth Punto in India on 19th October

February 2009 Postive For Automakers


Automobile sales jumped back to the positive charts as major manufacturers posted double digit growth for the first time in past eight

Maruti sales in domestic market grew 19% to 70,625 units in February 2009 compared to 59,311 units in the same month a year-ago, while South Korean major Hyundai Motor registered a 45.3% growth to 21,215 units in domestic market. Hero Honda sales grew 24% to 3.29 lakh units in January 2009 over same corresponding period last year.

Bajaj Auto Ltd posted 17% increase in two wheeler sales to 1.59 lakh units with major jump coming from its recently launched 135 cc bike XCD of which the company sold 20,688 unit in January. TVS Motors posted a 13% growth to 1.07 lakh units in February 2009 against 95,235 units in the corresponding period of the previous year.

M&M’s total volumes in the auto sector (including joint ventures) for February 2009 stood at 19594 units (18379 units). The company sold a total of 19894 vehicles during the month against 19674 vehicles in the previous corresponding period. M&M exported 300 units in February 2009, as against 1295 units exported in February 2008.

Comments on this entry are closed.

Return to Top ▲Return to Top ▲