Jun 06 2014
Signs of higher sales in India for Japanese car makers in May
India's top car makers, Maruti Suzuki, Hyundai Motors, Toyota Kirloskar and Honda Motors revealed their sales figures today. Sales of mini segment cars, including M800, Alto, A-Star and WagonR, declined by 7.5 per cent to 29,068 units as compared to 31,427 units in the year-ago month, MSI said in a statement.
Japanese car makers in India saw an improvement in their fortunes in India with the top three auto majors reporting major gains in May sales. Maruti Suzuki (India) Ltd, Toyota Kirloskar Motor and Honda Motors reported gains in May. Maruti Suzuki India (MSI) the country's largest car-maker today reported a 19.2 per cent increase in May car sales to 1,00,925 units against 84,677 units sold in the same month last year. The company said its domestic sales rose 16.4 per cent during the month to 90,560 units from around 77,821 units sold in May 2013, on the back of higher sales of compact cars such as Swift, Estilo and Ritz.