Strong demand lifts automobile gross sales in December

New Delhi, January 1

Leading automakers Maruti Suzuki, Hyundai, Tata Motors, and Toyota witnessed double-digit growth in wholesale dispatches in December as pent-up demand led to robust passenger vehicle offtakes.

Mahindra & Mahindra and Honda also reported increased sales in the domestic market last month.

Maruti Suzuki India reported 17.8% increase in sales in December at 1,46,480 units as against 1,24,375 units in December 2019.

Similarly, Hyundai Motor India reported its best monthly sales in December.

The company’s domestic sales posted a 24.89% increase in dispatches to dealers at 47,400 units as compared with 37,953 units in the same month last year.

Tata Motors reported 84% increase in sales at 23,545 units last month compared with 12,785 units in the year-ago period.

M&M said its passenger vehicle sales in the domestic market were up 3% to 16,182 units last month, compared to 15,691 units in December 2019. — PTI

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