Maruti Suzuki India Sells 1,78,228 Units in April-June, Tata Motors Report Sale of 1,39,818 Vehicle in India for Same Period
Mumbai, July 1: Maruti Suzuki India sold 179,228 units in June, compared to 159,418 units in the same month last year, it said on Monday. In the April-June period of the current fiscal (FY25), the company sold 521,868 vehicles, compared to 498,030 in the same period in the last fiscal (FY24).
Total sales in the month of June included domestic sales of 139,918 units, sales to other original equipment manufacturers (OEM) of 8,277 units and exports of 31,033 units, said the company. Meanwhile, Tata Motors’ sales in the domestic and international market for the first quarter of the current fiscal (FY25) stood at 229,891 vehicles, compared to 226,245 units during Q1 of FY24. Mahindra & Mahindra June Sales: Mahindra Announces 11% Growth in Overall Auto Sales for June at 69,397 Units Sold Globally
“Tata Motors commercial vehicles domestic sales at 87,615 units in Q1 FY25 were 7 per cent higher than Q1 FY24 sales. Additionally, sales in June were 3 per cent higher compared to May 2024,” said Girish Wagh, Executive Director, Tata Motors Ltd. The M&CV segment led the growth with a 10 per cent rise in Q1 FY25 sales volumes versus Q1 FY24. Mahindra XUV700 SUV Surpasses 2 Lakh Unit Production Mark; Celebrates With Two New Colours.
“While HCV demand held up well, market sentiment remained positive in the MCV segment with demand increasing in e-commerce, auto-aggregates and LPG segments,” said the company. “Going forward, the forecast of a healthy monsoon, expectations of policy continuity and continuing thrust on infra-related developmental projects by the government are expected to improve the demand for commercial vehicles,” said Wagh. The demand in staff, intercity, and stage carriage segments should also remain healthy despite the seasonal dip often seen in school transportation in Q2, he added.
(The above story first appeared on LatestLY on Jul 01, 2024 05:17 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website todaynews24.top).
