The new year has brought happiness for the auto sector, which has been facing recession for a long time. Top auto brands have seen a boom in sales since the first month of the year. During this period, Maruti Suzuki India’s sales grew by 4.3 percent, Hyundai’s sales by 16 percent and Tata Motors sales by 25 percent, although Mahindra & Mahindra (M&M) sales declined by 25 percent during this period. According to Maruti Suzuki India (MSI) in January, its sales have registered a growth of 4.3 percent. According to the company, Maruti has sold 1,60,752 units in January. In the same period last year, the company had sold 1,54,123. During this period, the company sold a total of 1,48,306 units in the domestic market as against 1,44,499 units in January last year. The same company had sold a total of 9,624 units in January last year, which increased by 29.3 percent to 12,445 units this year.
According to Hyundai Motor India Limited (HMIL), it sold 60,105 units in January, an increase of 15.6 percent from 52,002 units in the same period last year. However, according to Hyundai, its exports declined by 19 percent.
Tata Motors also registered an increase
According to Tata Motors, it sold 47,862 units in January 2020, which increased by 25.27 percent to 59,959 units in January 2021. According to the company, the sales of its passenger vehicles increased by 94 percent to 26,978 units. However, according to the company, there has been a decline of 3 percent in the sales of its commercial vehicles.
Sonalika’s cell increased
According to the country’s tractor manufacturer Sonalika, it has increased by 50 percent to 34,778 units in January 2021. All the bike makers also registered an increase in their sales. Royal Enfield registered a growth of 8 percent, according to Honda it has registered a growth of around 50 percent in January 2021. According to TVS Motors, it has registered a growth of 34 percent in the sales of its bikes in January 2021.
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