Auto sales are increasing day by day in India. As the people of India are showing much interest towards new trends and new models. Both the Indian car makers and the companies of the other countries are also showing their interest to market their products in India.
Sales of cars during the month of June are on hike. As the consumer demands are increasing day by day. Maruti Suzuki, Ford India, Tata Motors and General Motors sales have increased in the month of May when compared to the sales of last year.
During the year 2008, because of the higher loan costs and huge job cuts even due to the global financial crisis, the sales of cars in India decreased. But because of the economic turn around steps taken by the government of India, the sales of India have increased again in 2009.
Even the analysts of India say that the sales of the cars will be strong during this year. A senior analyst at fortune equity brokers say that the demand of the cars has overflowed this year.
During the most recent financial quarter, there is an expansion of 8.6 % year-on-year in Indian economy, in turn the banks are also lending.
But as of now, the car makers are planning to increase the cost of the vehicles as the cost of the raw materials like rubber and steel increased. Apart from this the government also increased the cost of petrol and diesel during the last week of June.
India's market is an under penetrated market. The sales of the cars in India are very less when compared to United states. Most of the consumers are buying their first car, because of most of the companies want to market their cars.
According to the industry estimates, there is a very less ratio of eight cars per 1000 people in India and 850 vehicles per 1000 people in United states.
Sales Of Maruti Suzuki in the month of June: When compared to the sales of last year, the sales of Maruti Suzuki increased to 88, 091 vehicles but during the last year the sales are 85, 109 vehicles.
Sales Of Tata motors in the month of June: Tata motors, the country's largest commercial vehicle maker, sold 67, 730 passenger and commercial vehicles in the month of June and the sales of June increased by 49% when compared to the last year sales. According to the officials of the company, Jaguar Land Rover sales increased in the month of June. Even the sales of the Nano also increased and it is 63% increase. There is a 33% increase in the sales of commercial vehicles which includes trucks.
Hyundai Motor Sales: Hyundai India motors is the country's second largest car maker, when compared to the sales of all companies, these sales are being dropped by about 2%.
Ford India Sales: The sales in the June increased. The popular Figo model led to the sales.
General Motors India: The sales of the cars are 9,539 cars. Here the Chevrolet Spark and the Chevrolet Beat had led to the sales.
The above describes the growth of the sales of different companies during the month of June 2010.
Sales of cars during the month of June are on hike. As the consumer demands are increasing day by day. Maruti Suzuki, Ford India, Tata Motors and General Motors sales have increased in the month of May when compared to the sales of last year.
During the year 2008, because of the higher loan costs and huge job cuts even due to the global financial crisis, the sales of cars in India decreased. But because of the economic turn around steps taken by the government of India, the sales of India have increased again in 2009.
Even the analysts of India say that the sales of the cars will be strong during this year. A senior analyst at fortune equity brokers say that the demand of the cars has overflowed this year.
During the most recent financial quarter, there is an expansion of 8.6 % year-on-year in Indian economy, in turn the banks are also lending.
But as of now, the car makers are planning to increase the cost of the vehicles as the cost of the raw materials like rubber and steel increased. Apart from this the government also increased the cost of petrol and diesel during the last week of June.
India's market is an under penetrated market. The sales of the cars in India are very less when compared to United states. Most of the consumers are buying their first car, because of most of the companies want to market their cars.
According to the industry estimates, there is a very less ratio of eight cars per 1000 people in India and 850 vehicles per 1000 people in United states.
Sales Of Maruti Suzuki in the month of June: When compared to the sales of last year, the sales of Maruti Suzuki increased to 88, 091 vehicles but during the last year the sales are 85, 109 vehicles.
Sales Of Tata motors in the month of June: Tata motors, the country's largest commercial vehicle maker, sold 67, 730 passenger and commercial vehicles in the month of June and the sales of June increased by 49% when compared to the last year sales. According to the officials of the company, Jaguar Land Rover sales increased in the month of June. Even the sales of the Nano also increased and it is 63% increase. There is a 33% increase in the sales of commercial vehicles which includes trucks.
Hyundai Motor Sales: Hyundai India motors is the country's second largest car maker, when compared to the sales of all companies, these sales are being dropped by about 2%.
Ford India Sales: The sales in the June increased. The popular Figo model led to the sales.
General Motors India: The sales of the cars are 9,539 cars. Here the Chevrolet Spark and the Chevrolet Beat had led to the sales.
The above describes the growth of the sales of different companies during the month of June 2010.
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