Car sales off to slow start this fiscal

Hyundai and Tata saw their sales fall by between one and two percent in April as compared to March but for the year-earlier month, Tata saw a 66 percent increase as compared to the year-earlier month while Hyundai saw a 10 percent fall.

Autocar Pro News Desk By Autocar Pro News Desk calendar 02 May 2022 Views icon4226 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp

India’s car sales got off to a slow in the fiscal after a year in which despite several challenges across the supply chain and high fuel prices. The top three OEMs all recorded a dip in sales with Maruti seeing an 11 percent fall from 124,640 units in March 2022 to 110,841 units in April 2022.

Hyundai and Tata saw their sales fall by between one and two percent in April as compared to March but for the year-earlier month, Tata saw a 66 percent increase as compared to the year-earlier month while Hyundai saw a 10 percent fall.

In terms of marketshare, Maruti and Hyundai saw their shares dip by 6 percent and 2.3 percent respectively while Tata saw its share up by 5.7 percent. Among the companies that saw a significant increase in marketshare was Toyota which went up from 3.5 percent to 5.4 percent.

Mahindra and Kia India saw their respective market shares go up in CY22 and both are now tied at 6.8 percent.

Also read
FY22 exports help cushion sharp drop in domestic auto sales

 

RELATED ARTICLES
PM Narendra Modi inaugurates India Energy Week 2023 in Bengaluru

auther Autocar Pro News Desk calendar06 Feb 2023

India Energy Week, underway from February 6-8, aims to showcase India's rising prowess as an energy transition powerhous...

Tata Motors commences Tiago EV deliveries

auther Autocar Pro News Desk calendar03 Feb 2023

​​​​​​​Tata Motors, which has received over 20,000 bookings for the all-electric hatchback, delivers the first batch of ...

Aptiv's new tech centre in Bengaluru to focus on SDVs and connected mobility solutions

auther Autocar Pro News Desk calendar03 Feb 2023

Looks to accelerate the transformation to software-defined vehicles and develop safer, greener, more connected mobility ...