Car sales get off to a slow start in 2016

Domestic car sales in 2016 began on a subdued note, with market leader Maruti Suzuki posting a marginal increase in January and the likes of Hyundai, Ford and Mahindra & Mahindra reporting a single-digit growth.
The home-grown auto major Tata Motors and Honda Cars India saw their domestic sales dip in January even as the industry tries to build momentum for the year, with the Auto Expo just round the corner.
Maruti Suzuki India said its domestic sales increased marginally by 0.8 per cent to 1,06,383 units as against 1,05,559 in January 2015.
"Domestic sales would have been higher, but lesser number of working days in January 2016 impacted overall production and dispatch," the company said in a statement.

Maruti saw sales in mini car segment comprising Alto and WagonR decline by 4.3 per cent to 34,206 units during the month as against 35,750 in the same month last year.
Sales of premium hatchback, including Swift, Ritz, Celerio, Baleno and Dzire, saw a slump of 2.8 per cent at 44,575 units as against 45,881 last year.

Rival Hyundai Motor India's domestic sales jumped 9.3 per cent to 38,016 units last month compared with 34,780 units in January 2015.
HMIL Senior Vice-President (Sales and Marketing) Rakesh Srivastava said the growth momentum of last year continued during the month built by strong performance of products like Grand, Creta and i20 Elite/Active.

"We look forward to presenting the Hyundai Experience at the Auto Expo through our products and technology towards meeting the growing aspirations of customers," Srivastava said.
The Auto Expo will be held on February 5-9 at Greater Noida.
Deloitte India Senior Director Savan Godiawala said: "With enhanced promotion and offers during December 2015 by most of the auto companies, there is a possibility of stagnant or sliding sales in the initial months of 2016."
Home-grown utility vehicle major Mahindra & Mahindra saw its domestic sales grow 9.84 per cent to 40,693 units last month as against 37,045 in January 2015.

German auto major Volkswagen reported 7.6 per cent increase in sales in India at 4,018 units in January compared with 3,734 units sold in the corresponding month last year.
"These numbers have been possible in spite of the
production at Hero's manufacturing facilities in Gurgaon and Dharuhera in Haryana and at Neemrana in Rajasthan being impacted for a few days due to local agitations in the region during the month," the company said.
On the other hand, niche bike maker Royal Enfield reported a 63 per cent jump in total motorcycle sales at 49,156 units last month as against 30,240 in February 2015.

India Yamaha Motor also reported 49.96 per cent rise in domestic sales at 56,960 units in February compared with 37,982 in the year-ago month.
Chennai-based TVS Motors reported a 7.28 per cent increase in total sales at 2,19,467 units in February compared to 2,04,565 units in the same month of last year.