Showing posts with label Demand Slump. Show all posts
Showing posts with label Demand Slump. Show all posts

Sunday, January 12, 2014

Car Market Down In Festive Season time Also

The country's auto companies would not have seen so much bad season . November 2013 sales of the country's most legendary car companies have declined . Approximately 42 per cent share of the car market , Maruti Suzuki controls 10.7 per cent decline in sales this month . However , the second largest carmaker Hyundai Motors sales declined 10.9 per cent .
Maruti Suzuki 's exports fell 46.2 per cent . Hyundai has exported 23 per cent less . The last few months have been consistently low for these companies export . Maruti in the domestic and overseas markets this month has sold 92 140 vehicles . While the November car sales in 2012 was 103 200 .


Hyundai India has a total of 49 681 car sales . In the past year, the company had sold 55 762 cars . Hyundai India senior vice-president ( sales and marketing ) Rakesh Srivastava said that the drop in sales is mostly attributed to the state of the economy . However , the company's new car about 10 grand I have the enthusiasm of customers .
The country 's other major automobile company Tata Motors sales fall speed and more. November , the company's passenger and commercial vehicles in 2013 has declined by 39 per cent . Terms of sale of the company 's worst performance of the past three years . General Motors sales declined by 14 per cent .
Diwali Nkuc of Companies
Despite sluggish sales of fierce some companies have been very good this month . However , their share in the domestic car market is extremely low . For instance , Ford India sales increased 19 per cent . Its sales have risen 33 per cent in the domestic market . Ford's new car is a long waiting list for Ikosport . Total 9332 cars sold by the company in November .