From Toyota to Maruti, carmakers clock high growth in June on low base

Data available from top six players - Maruti Suzuki, Hyundai, M&M, Tata Motors, Honda and Toyota - shows an average growth of about 42 per cent for the industry in June

Carmakers have reported an unusually high double digit volume growth in domestic sales for June on a low base of previous June. Domestic volume of passenger vehicles (cars, vans and utility vehicles) in had slipped more than 11 per cent to 198,399 units in June last year as manufacturers consciously regulated dispatches to dealers to minimise losses arising out of the transition to the goods and services tax (GST) regime from July 2017. 

Data available from top six players — Maruti Suzuki, Hyundai, M&M, Tata Motors, Honda and Toyota — shows an average growth of about 42 per cent for