Car sales were robust across most segments in November, thanks to a lower statistical base (November 2008 sales were badly down in the aftermath of the global economic collapse in October), easier financing and improving economic situation.
In passenger cars, sales growth was the maximum in November over the last five years. Car sales surged about 61per cent to 133,687 units from 83,121 units during last November. The biggest increase since February 2004.
Each and every category of cars reported growth, with compact car sales touching almost the one lakh unit mark. But while most brands reported robust sales on improving economic environment and generous discounts, there was negligible manufacturing for some prominent car brands.
Not a single unit was produced for Honda Jazz, Ford Fusion and Skoda Fabia even when sales were 546 units, 15 units and 598 units, respectively.
For the Mahindra Renault Logan, production this November was significantly lower at just 71 units (610 units) when sales were 279 units (300 units). This indicates excess inventory in the system for select models, despite the overall sentiment being robust.
Industry watchers are certain that with continued economic growth, sales by the end of this fiscal could come back to last year’s levels.
According to industry forecasts, car sales are expected to grow at least 10% this fiscal; in 2008-09, the 13 manufacturers in India sold 1.22 million cars.










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