Domestic car sales stood at 1,71,131 units in November, as against 1,59,939 units on a year-on-year basis.
Domestic passenger car sales witnessed a turnaround in November after four consecutive months of contraction, rising by 7 per cent on the back of a marginal revival in demand, coupled with a low base.
Domestic passenger car sales stood at 1,71,131 units in November, as against 1,59,939 units in the same month last year, data released by the Society of Indian Automobile Manufacturers (SIAM) say.
"Domestic car sales have bounced back as the base in November last year was low. Also, we have seen some revival of demand in the last month," SIAM Senior Director Sugato Sen said.
However, sales in December are likely to be lower than in November, he said.
"The entry-level car segment, which is the biggest contributor to sales, has been hit most because of fuel hikes and rising interest rates. This is the most sensitive segment. However, demand in the upper-end segment is comparatively doing well," Sen said.
Car sales in India have been declining on a year-on-year basis since July, mainly due to the severe impact of labour issues on the country's largest car-manufacturer Maruti Suzuki India's (MSI) production.
Sales registered their steepest monthly decline in nearly 11 years in October this year, tanking by 23.77 per cent on account of a huge drop in MSI's output due to labour trouble, coupled with high interest rates and fuel prices.
MSI's domestic sales declined in November as well, dipping by 16.59 per cent to 73,078 units from 87,618 units in the same month last year, SIAM said.
However, the strong performance of other manufacturers made up for the slippage in MSI sales in November. Rival Hyundai Motor India posted a 10.72 per cent growth in sales to 34,878 units in November, 2011, from 31,501 units in the same period last year.
Tata Motors also reported a jump in sales to 23,540 units from 12,234 units in the same period last year, translating into a 92.41 per cent increase, SIAM added.
As per the figures released by SIAM, motorcycle sales in India grew by 22.67 per cent in November to 8,69,070 units from 7,08,476 units in the corresponding month last year.
Market leader Hero MotoCorp's domestic sales increased by 27.02 per cent to 4,85,381 units last month from 3,82,138 units in the same period last year.
In addition, Bajaj Auto saw a 18.24 per cent rise in sales to 2,28,407 units from 1,93,174 units in the same period last year, as per the latest SIAM data.
However, TVS Motor Company posted a 10.45 per cent fall in sales to 44,359 units last month from 49,534 units in the same month of 2010. Honda Motorcycle & Scooter India's (HMSI) sales went up by 40.94 per cent to 72,120 units during the month under review from 51,171 units in November, 2010.
SIAM said total scooter sales stood at 2,29,309 units in November, 2011, as against 1,65,610 units in the same month last year, a 38.46 per cent increase.
Market leader HMSI posted sales of 1,17,850 units, up 72.60 per cent from 68,278 units in the year-ago period, while TVS Motor Co saw a growth of 16.08 per cent in scooter sales to 41,132 units from 35,433 units in November, 2010.
In addition, Hero MotoCorp registered sales of 35,576 scooters, an increase of 30.95 per cent from 27,168 units in the corresponding month last fiscal.
Total two-wheeler sales grew by 25.27 per cent to 11,63,294 units last month from 9,28,660 units in November, 2010, as per the data.
Sales of commercial vehicles grew by 34.99 per cent to 66,264 units during the month under review from 49,087 units in the year-ago period, SIAM said.
Light commercial vehicle sales rose by 48.01 per cent during the month to 40,178 units from 27,145 units in November last year, it added.
Sales of medium and heavy commercial vehicles stood at 26,086 units in November, compared to 21,942 units in the same month last year, an 18.87 per cent increase.
Domestic three-wheeler sales grew by 5.85 per cent to 42,875 units during the month under review from 40,504 units in November, 2010.
Total sales of vehicles across categories registered an increase of 22.22 per cent to 14,89,714 units in November from 12,18,885 units in the same month last year, SIAM added.
Domestic passenger car sales stood at 1,71,131 units in November, as against 1,59,939 units in the same month last year, data released by the Society of Indian Automobile Manufacturers (SIAM) say.
"Domestic car sales have bounced back as the base in November last year was low. Also, we have seen some revival of demand in the last month," SIAM Senior Director Sugato Sen said.
However, sales in December are likely to be lower than in November, he said.
"The entry-level car segment, which is the biggest contributor to sales, has been hit most because of fuel hikes and rising interest rates. This is the most sensitive segment. However, demand in the upper-end segment is comparatively doing well," Sen said.
Car sales in India have been declining on a year-on-year basis since July, mainly due to the severe impact of labour issues on the country's largest car-manufacturer Maruti Suzuki India's (MSI) production.
Sales registered their steepest monthly decline in nearly 11 years in October this year, tanking by 23.77 per cent on account of a huge drop in MSI's output due to labour trouble, coupled with high interest rates and fuel prices.
MSI's domestic sales declined in November as well, dipping by 16.59 per cent to 73,078 units from 87,618 units in the same month last year, SIAM said.
However, the strong performance of other manufacturers made up for the slippage in MSI sales in November. Rival Hyundai Motor India posted a 10.72 per cent growth in sales to 34,878 units in November, 2011, from 31,501 units in the same period last year.
Tata Motors also reported a jump in sales to 23,540 units from 12,234 units in the same period last year, translating into a 92.41 per cent increase, SIAM added.
As per the figures released by SIAM, motorcycle sales in India grew by 22.67 per cent in November to 8,69,070 units from 7,08,476 units in the corresponding month last year.
Market leader Hero MotoCorp's domestic sales increased by 27.02 per cent to 4,85,381 units last month from 3,82,138 units in the same period last year.
In addition, Bajaj Auto saw a 18.24 per cent rise in sales to 2,28,407 units from 1,93,174 units in the same period last year, as per the latest SIAM data.
However, TVS Motor Company posted a 10.45 per cent fall in sales to 44,359 units last month from 49,534 units in the same month of 2010. Honda Motorcycle & Scooter India's (HMSI) sales went up by 40.94 per cent to 72,120 units during the month under review from 51,171 units in November, 2010.
SIAM said total scooter sales stood at 2,29,309 units in November, 2011, as against 1,65,610 units in the same month last year, a 38.46 per cent increase.
Market leader HMSI posted sales of 1,17,850 units, up 72.60 per cent from 68,278 units in the year-ago period, while TVS Motor Co saw a growth of 16.08 per cent in scooter sales to 41,132 units from 35,433 units in November, 2010.
In addition, Hero MotoCorp registered sales of 35,576 scooters, an increase of 30.95 per cent from 27,168 units in the corresponding month last fiscal.
Total two-wheeler sales grew by 25.27 per cent to 11,63,294 units last month from 9,28,660 units in November, 2010, as per the data.
Sales of commercial vehicles grew by 34.99 per cent to 66,264 units during the month under review from 49,087 units in the year-ago period, SIAM said.
Light commercial vehicle sales rose by 48.01 per cent during the month to 40,178 units from 27,145 units in November last year, it added.
Sales of medium and heavy commercial vehicles stood at 26,086 units in November, compared to 21,942 units in the same month last year, an 18.87 per cent increase.
Domestic three-wheeler sales grew by 5.85 per cent to 42,875 units during the month under review from 40,504 units in November, 2010.
Total sales of vehicles across categories registered an increase of 22.22 per cent to 14,89,714 units in November from 12,18,885 units in the same month last year, SIAM added.
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