Maruti beats the slowdown with a 4.5% increment this month.

Maruti sold a sum of 1,44,277 units (comprehensive of OEM deals) during October 2019 in the household market recording a 4.5 percent development over that month a year back. While it saw a decrease in offers of small vehicles, for example, Alto and S-Presso, the smaller section including New WagonR, Celerio, Ignis, Swift, Baleno, and Dzire posted a solid development of 16 percent year-on-year. 

Close opponent and Korean carmaker Hyundai India sold 50,010 units in a household showcase during October this year, down 3.6 percent contrasted with 52,001 around the same time a year back. 

Honda Cars India kept on posting negative development selling 10,010 units in October 2019 contrasted with 14,187 around the same time a year ago. 

Another driving automaker Mahindra and Mahindra (M&M) announced a 23 percent decrease in traveler vehicle (PV) portion which contains Bolero and XUV in the long stretch of October. It sold 18,460 vehicles in October 2019, contrasted with 24,066 vehicles in October 2018. 

Business vehicle (CV) major Ashok Leyland Ltd additionally kept on posting lower deals number in the wake of delayed monetary stoppage. In an announcement on Friday, the organization said that it had logged all-out offers of 9,857 units in October this year, down 35 percent when contrasted with 15,149 units sold in October 2018. 

All the main bookmakers saw their business falling in spite of bubbly season limits. Bike (2W) showcase pioneer Hero MotoCorp on Friday detailed 18.43 percent decrease in all-out deals at 5,99,248 units in October. The organization had sold 7,34,668 units around the same time a year ago. 

Opponent Bajaj Auto has detailed a 14 percent decrease in its offers of cruisers in the long stretch of October this year. The Pune-based organization could sell 2,42,516 units of bikes during October in the residential market as against 2,81,582 around the same time a year ago. 

 

Automotive News