The country’s largest passenger car manufacturer Maruti Suzuki India (MSI) has reported sales of 160,226 units in December, a growth of just 0.2 percent over December of 2019.
Total sales include domestic sales of 146,480 units and 3,808 units for other OEMs. In addition, the company exported 9,938 units in December, MSI said in a statement.
In the passenger vehicle segment, MSI reported a 14.6 percent growth in sales at 140,754 units in December, as against 122,784 units in the same month last year. Maruti sold 24,927 units of Alto 800 and S-Presso last month as compared to 23,883 units in December 2019, marking a 4.4 percent growth.
However, the sales of other vehicles like WagonR, Swift, Celerio, Ignis, Baleno, and Dzire grew by 18.2 percent, from 65,673 units in December 2019 to 77,641 units last month.
MSI utility vehicles like Vitara Brezza, Ertiga, XL6, and S-Cross also registered 8 percent sales growth, from 23,808 units in December 2019 to 25,701 units in December 2020. However, Maruti Suzuki’s flagship sedan – Ciaz – didn’t have as many takers in December 2020 as compared to December 2019 with sales dropping by 28.9 percent, from 1,786 units to 1,270 units.
During Q3 of FY21, MSI posted total sales of 495,897 registering a growth of 13.4 percent over the same period previous year.
Hyundai Motor
Hyundai Motor India (HMIL) registered cumulative sales of 66,750 units, up by 33.14 percent as compared to 50,135 units in the corresponding month of the previous year. In December, Hyundai’s domestic sales stood at 47,400 units and exports of 19,350 units.
Cumulative sales during April-December stood at 522,542 units, which includes domestic sales of 423,642 units and exports of 98,900 units.
Denne historien er fra January 2021-utgaven av Steel Insights.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra January 2021-utgaven av Steel Insights.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Steel's Net Zero mission
The country’s commitment to achieving Net Zero within a targeted timeframe will now propel its steel sector towards a sustainable future in line with global trends.
Fuel Price Hike, Supply Chain Disruption Hurt Festive Sales
Supply chain disruptions and fuel price hikes have hurt festive sales in a big way as most auto majors posted decline in sales in October.
Seaborne coking coal offers remain range-bound
Seaborne coking coal offers moved in a narrow range in October amid global supply tightness and healthy spot demand.
Global crude steel output down 8% in September
China manufactured 74 mt in September, fall of 21% y-o-y while India’s production went up by 7% to 10 mt.
MOIL embarks on expansion projects
“Even though our country is blessed with manganese ore reserves, we import 50% of the domestic requirement. We have to lower our import dependence and save precious foreign exchange.” Ram Chandra Prasad Singh, Steel Minister
Iron ore handled by major ports down 17% in H1
The 12 major Indian ports handled 27 mt of iron-ore during H1 of 2021, down by 17% from 33 mt recorded for the corresponding period of previous year.
Shrinking China output to boost India exports
“In the third quarter of 2021, the company actively responded to the pressure from external policies, such as production curtailment and dual control system on energy consumption and intensity, as well as coal resource shortage and surging prices.” Baoshan Iron and Steel Co Ltd
Indian Railways' iron-ore handling up 25% in H1
Indian Railways in April-September of 2021 (H1) transported 84 mt of iron ore, up by 25% over 67 mt during April-September 2020.
September crude steel production up 7.2% y-o-y
India’s crude steel production in September 2021 grew 7.2 percent to 9.547 million tons (mt) over September 2020 but was down by 3.2 percent from August 2021 output, provisional steel ministry data showed.
“Five enablers: way forward to sustainable cleaner steel”
Right and scalable technology, appropriate policy guidance by government, access to finance to fund transition, willingness of customers to pay for cleaner products and infrastructure for use of new technologies are the need of the hour for the sustainable and cleaner steel industry, according to Madhulika Sharma, Chief Corporate Sustainability, Tata Steel.
