Compared to last year, this September saw more car sales despite of a drastic slump over the past two months due to inflation and increased fuel prices.
The Society of Indian Automobile Manufacturers (SIAM) has measured that passenger car sales in September rose by 3000 units compared to the same month last year. The picture was looking grim due to decreased sales and it is obvious that the current numbers are much better than what was expected.
Maruti Suzuki saw a marginal increase in sales by about 180 units compared to September 2007. Hyundai has done much better with nearly a 24% increase. Not all car manufacturers though have registered improved sales. General Motors sold roughly 5% less than last September.
The September sales scenario is pretty much is variable for each car manufacturer. Some have lost and some have gained. But the overall sales of cars this September is marginally higher to the sales last September. This is a very positive picture for the Indian car industry.
Labels: Car-Sales-India, General-Motors, Hyundai, Maruti-Suzuki
2 Comments:
Has the car sales actually improved in September. I actually doubt that. There is so much chaos in the industry and the car manufacturers are actually trying to cope up with the challenges. In June 2008, I heard that sales were going on fine but is this the same in September.
Yes, in June the sales was good but later in July and August the car sales figure again went down. In September though the car industry recorded a good sales figure but the recent liquidity crunch in the auto finance market will again affect the car sales.
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