Monday 2 May 2016

Car sales in top gear

Sales of passenger vehicles — cars, vans and utility vehicles — surged over 12 per cent in April, thanks to the popularity of newly-launched models and a low base effect. The industry is estimated to have sold 237,149 units in April this year (based on data available for the top 10 players).



Maruti Suzuki, Hyundai Motor and M&M reported double-digit growth in domestic sales to dealers. Tata Motors reported a growth of eight per cent after months of decline, thanks to the newly-launched Tiago. On the other hand, Honda and Toyota continue to see double-digit decline in sales.

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