Maruti domestic sales were up 1.3% in July but don't exhale yet
New Delhi: The country's automobile sector's July sales report showed a faint glint of a recovery with the two biggest manufacturers reporting vastly better figures than previous months. Maruti Suzuki India reported a 1.3 per cent increase in domestic passenger vehicle sales in July while sales recorded by the second biggest car maker Hyundai Motor India fell by just 2 per cent.
But news from the other manufacturers, Mahindra & Mahindra (M&M) and Toyota Kirloskar Motor (TKM) was not so good with each of them continuing to report huge declines in domestic sales.
Maruti Suzuki India (MSI) sold 1,01,307 units in July against 1,00,006 in July 2019 with the two minis Alto and S-Presso jumping 49.1 per cent to 17,258 units compared to 11,577 in the same month last year.
However, sales of Maruti's compact cars, including models such as Swift, Celerio, Ignis, Baleno and Dzire, are still sliding with a year-on-year drop of 10.4 per cent to 51,529 units from 57,512 in July last year.
The utility vehicle segment is doing decidedly better.