Auto sales in July grows fastly as COVID-19 restrictions relaxed

Brands like Nissan, MG Motor India and Skoda Auto recorded growth in domestic sales volumes too.

As reported by Moneycontrol, in the month of July, domestic sales volumes of ten carmakers increased by 48 per cent to 2,78,745 units as compared to 1,88,570 units sold in July 2020.

India’s largest carmaker, Maruti Suzuki, reported a rise of 37 per cent in domestic sales to 1,33,732 units as opposed to 97,768 units sold in the same month last year. However, the company implied that the comparison was unfair due to the disruption led by a coronavirus in 2020.

Hyundai Motor India, which is India’s second-largest carmaker, witnessed a 26 per cent increase in July domestic sales volumes to 48,042 units as against 38,200 units sold in July 2020.

The country’s third-largest carmaker, Tata Motor, posted a growth of 101 per cent to 30,185 units when compared to July 2020’s 15,012 units.

Mahindra & Mahindra (M&M) recorded a surge of 91 per cent in domestic sales volumes to 21,046 units as against 11,025 units sold in the same month of 2020.

The second South Korean company to be on the list of top five passenger brands in the country, Kia, saw an 82 per cent rise as compared to 8,270 units sold in the month of July last year.

Honda Cars India stated that it had advanced its production in July to reach domestic sales of 6,055 units, i.e., a growth of 12 per cent against last year’s 5,383 units.

Toyota Kirloskar achieved domestic sales of 13,105, signifying an increase of 143 per cent as compared to 5,386 units sold in the same month of 2020.

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