Never miss a great news story!
Get instant notifications from Economic Times
AllowNot now


You can switch off notifications anytime using browser settings.
11,910.1553.35
Stock Analysis, IPO, Mutual Funds, Bonds & More

Best & Worst PV makers by sales in April-Feb 2013-14

Tata Motors and Skoda Auto have emerged as the worst performer in passenger vehicle (PV) segment in terms of cumulative domestic sales in April- February 2013-14 compared to the same period in the previous fiscal, according to the sales data relea...

Updated: Mar 31, 2014, 04.29 PM IST
0Comments
New Delhi: Tata Motors and Skoda Auto have emerged as the worst performers in passenger vehicle (PV) segment in terms of cumulative domestic sales in April- February 2013-14 compared to the same period in the previous fiscal, according to the sales data released by Society of Indian Automobile Manufacturers (SIAM).


Best & Worst PV makers by sales in April-Feb 2013-14

Tata Motors sales dropped 37 percent at 182759 units compared to 291947 in the previous fiscal in the same period. Skoda Auto’s sales dipped 31 percent in April-Feb 2013-14 at 18478 units compared to 27000 units in the like period a year ago.
Mahindra & Mahindra, despite being in the utility segment which has seen strength, slipped 19 percent in the same comparative period, becoming the third worst performer in the passenger vehicle segment in sales.

Among country’s top two largest passenger vehicle manufacturers, Maruti Suzuki was able to remain in the north direction with marginal less than one percent growth while Hyundai Motor India could not weather the pressure and moved to south by 1.29 percent in the above mentioned comparative period.

The cumulative sales performance of Toyota and Volkswagen was also under pressure as both the companies experience a de-growth of 17 per cent in the April-Feb 2013-14 compared to same period previous fiscal.

Top Performers
Honda Cars India riding high on the launch of Amaze, new City and entry into diesel segment has been crowned as the top performer with 82 percent surge in sales in this comparative period.Best & Worst PV makers by sales in April-Feb 2013-14
French car manufacturer Renault with increasing demand for its SUV –Duster stood at the 2nd position having a growth of 17.35 in sales while success of EcoSport help ford climb to third spot with a growth of 8.5 per cent in the same period.



Comments
Add Your Comments
Commenting feature is disabled in your country/region.
Download The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.

Other useful Links


Follow us on


Download et app


Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service