Auto Companies Sales April 2022 : Here are the sales results of auto companies, who increased and who slipped, see here
Auto Companies Sales April 2022
Wholesale sales figures were mixed in April for automakers, which were facing challenges on the production front due to supply chain challenges. For some auto companies, the last month has been good in terms of sales, while sales of some have declined. According to the new results, Mahindra & Mahindra, Royal Enfield, and Ashok Leyland have reported an increase in sales.
Mahindra & Mahindra Sales Report April 2022
Mahindra & Mahindra (M&M) stated that its total sales in April increased by 25 percent to 45,640 units. Also, in April 2021, total sales were 36,437 units. The company said sales of its passenger vehicles in the domestic market rose 23 percent to 22,526 units in April. In the same month last year, the figure was 18,285 units.
Sales of commercial vehicles in April increased from 16,147 units in April last year to 20,411 units this year. The company reported that its exports last month stood at 2,703 units as against 2,005 units in the same period a year ago.
Royal Enfield Sales Boom
Bullet-powered bike maker Royal Enfield reports that its sales rose 17 percent to 62,155 units in April. Royal Enfield had sold 53,298 units in the same month last year. In April this year, Royal Enfield sold a total of 62,155 motorcycles in the domestic and international market. The company has sold 53,822 bikes in the domestic market. Compared to the same month last year, the sales have increased by 10 percent this time.
Ashok Leyland’s cell grew
Ashok Leyland, head company of Hinduja Group, stated that total sales of commercial vehicles increased by 42% to 11,847 units in April. In the same month last year, 8,340 units were sold. Ashok Leyland reported that its domestic sales increased by 41 percent to 11,197 units from 7,961 units in April 2021.
Good news for Tata Motors
Finally month of April brought good news for Tata Motors. The company sold 41,587 units to dealers in April, up 66 percent from 25,095 units in April 2021. The company said that Tata Motors’ domestic sales increased by 81 percent to 71,467 units. It was 39,401 units in April last year. A total of 41,587 passenger vehicles were sent to dealers this month, up 66 percent from April 2021. In the same vein, sales of the company’s commercial vehicles in the domestic market doubled to 29,880 units. Last year the figure was 14,306 units.
Bajaj Auto sales decline
The month of April did not prove to be a good month for Bajaj Auto. Its total sales this year fell 20 percent to 3,10,774 units. In the same month last year, 3,88,016 units were sold. Total domestic sales this month fell 24 percent to 1,02,177 units from 1,34,471 units in April 2021. Exports also declined by 18 percent to 2,08,597 units during the period, from 2,53,545 units in the same period a year ago. Bajaj Auto reported that sales of two-wheelers in the domestic market fell by 26 percent last month, while exports fell by 15 percent.
Maruti’s speed slowed down
Maruti Suzuki India, the country’s largest carmaker, said its domestic sales fell seven percent to 1,32,248 units from 1,42,454 units in April 2021. Sales of small cars, including the Alto and S-Presso, fell 32 percent to 17,137 units from 25,041 units in the same month last year.
In Maruti’s compact car segment, sales of models like Swift, Celerio, Ignis, Baleno, and Dzire fell by 18 percent to 59,184 units as against 72,318 units sold in April 2021.
However, sales of utility vehicles like MSI’s Vitara Brezza, S-Cross, and Ertiga increased by 33% to 33,941 units from 25,484 units in April 2021.
The decline in these companies too
Hyundai Motor India, which ranks second in the Indian market, also sold 44,001 vehicles last month with a 10 percent decline in wholesale sales as against 49,002 units in April 2021. Similarly, Honda Cars India Limited (HCIL) has sold 7,874 vehicles in the last month, down 13 percent year-on-year in domestic wholesale sales. MG Motor India also stated that its retail sales last month decreased by 22% to 2,008 units as compared to 2,565 units in April 2021.
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