Automobile Firms End 2014 With Healthy Sales Growth

CHENNAI: Indian automobile manufacturers closed 2014 on a positive note, as companies reported stellar sales for December last year.

India's largest passenger car manufacturer Maruti Suzuki closed December 2014 with healthy sales growth of 20.8 percent, including exports at 109,791 units.

The company sold 90,924 units in December 2013.

It's domestic sales increased by 13.3 percent to 98,109 units during the month under review from 86,613 units sold in the corresponding month of 2013.

Maruti Suzuki exported 11,682 units last month, which was a rise of 171 percent from 4,311 units sold overseas during the last month of 2013.

Chennai-based manufacturer Hyundai Motor India's sales increased by 21 percent in Dec 2014 at 59,365 units from 49,078 units in the corresponding month of 2013.

The company said its domestic sales during the month under review grew by 14.7 percent and stood at 32,504 units - up from 28,345 units sold in the corresponding month of 2013.

The company's exports last month zoomed by 29.6 percent at 26,861 units - up from 20,733 units shipped out during December 2013.

 "In the challenging market conditions of calendar year 2014, Hyundai did all time record high sales of 4.11 lakh units with all time high projected market share of 21.8 percent in passenger cars on the strength of strong product portfolio, aspirational brand and customer focused strong channel," Rakesh Srivastava, senior vice president, sales and marketing, Hyundai Motor India.

Bengaluru-based Indo-Japanese joint venture (JV) Toyota Kirloskar Motor's (TKM) overall sales grew by eight percent during December 2014 at 13,628 units from an off-take of 12,622 units in the corresponding month of 2013.

TKM's domestic sales during last month grew by 10 percent and stood at 11,740 units from 10,648 units sold in December 2013.

However, American automobile manufacturer General Motors India closed last month selling 2,086 units lesser than what it sold in December 2013.

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