June sales promise hint of revival of Motown

The country’s auto sector is gradually picking up pace as most car manufacturers were able to resume operations at their plants.

- Ritwik Sinha

Further, with the Unlock 1.0 implemented by end of May and with Unlock 2.0 in progress, car sales were northbound as the companies were able to cater to the pending customer orders that had accumulated over the past few months. The influx of new products also added to the allure.

With lockdown regulations been relaxed the damped market sentiment is on a revival mode as top car makers like Maruti, Hyundai and Tata Motors has all posted over 200 percent grown in sales in June over May.

During the month, Maruti Suzuki Alto was the top sold car at 7,298 units, followed by Hyundai Creta SUV at 7,207 units. Out of the top ten selling cars in June 2020, there were 7 models by Maruti Suzuki India (Alto, Creta, Wagon R, Desire, Vitara Brezza, Baleno and Celeria), 2 by Hyundai (Creta, Venue) and 1 by Tata Motors (Tiago).

The country’s largest passenger car manufacturer Maruti Suzuki India (MSI) reported total sales of 57,428 units in June (including 52,300 units in the domestic market and 839 units to another OEM).

In addition, the company exported 4,289 units in June.

MSI closed the April-June quarter of FY21 with total sales of 76,599 units, down 81 percent as compared to 402,594 units in the corresponding quarter of the previous fiscal.

Of the total sales during Q1 FY21, 66,165 units were domestic, 862 units to other OEM and 9,572 units were exported.

However, in comparison to Maruti’s May performance, sales were up around 270 percent in June over 13,865 units in the previous month.

The country’s second-largest carmaker, Hyundai Motor India announced a cumulative sales of 26 820 units (domestic + exports) for June 2020, down 54.4 percent, against 58,807 units in June 2019.