Maruti, Hyundai witness dip in wholesales in March; Tata Motors, Kia submit highest-ever gross sales

The nation’s main automakers Maruti Suzuki and Hyundai Motor reported a decline in dispatches to sellers in March as scarcity of digital elements impacted manufacturing.

On the opposite hand, Tata Motors, Skoda and Kia India posted their highest ever month-to-month wholesales final month.

Toyota Kirloskar Motor mentioned its dispatches in March had been the very best within the final 5 years whereas Mahindra & Mahindra additionally reported a sturdy enhance in its passenger automobile dispatches in March.

The nation’s largest carmaker Maruti Suzuki India (MSI) mentioned its home dispatches in March declined 7 per cent to 1,43,899 items from 1,55,417 items within the year-ago interval.

For the complete monetary yr 2021-22, the corporate posted a complete gross sales of 16,52,653 items, a development of 13 per cent over 2020-21.

“The shortage of electronic components had some impact on the production of vehicles in FY 2021-22. The company took all possible measures to minimise the impact. As the supply situation of electronic components continues to be unpredictable, it might have some impact on the production volume in FY 2022-23 as well,” MSI famous.

Last month, gross sales of mini automobiles, together with Alto and S-Presso, fell to fifteen,491 items in opposition to 24,653 in the identical month final yr.

Similarly, gross sales within the compact section, together with fashions akin to Swift, Celerio, Ignis, Baleno and Dzire, elevated marginally to 82,314 items in opposition to 82,201 automobiles in March 2021.

Utility automobile gross sales, together with Vitara Brezza, S-Cross and Ertiga, declined to 25,001 items from 26,174 autos within the year-ago month, MSI mentioned.

Rival Hyundai Motor India mentioned its complete gross sales declined by 14 per cent to 55,287 items in March, in comparison with the identical month final yr.

The firm had dispatched 64,621 items to its sellers in March 2021.

Tata Motors mentioned its passenger automobile gross sales in March had been the very best ever in a month.

The firm reported wholesales of 42,293 items final month, up 43 per cent, from 29,654 items in March 2021.

“We posted the highest ever annual, quarterly and monthly sales, supported by a strong demand for our New Forever range and agile actions taken on the supply side,” Tata Motors Passenger Vehicles MD Shailesh Chandra mentioned in an announcement.

Mahindra mentioned its passenger automobile dispatch rose 65 per cent to 27,603 items final month within the home market in opposition to 16,700 items in March 2021.

“Demand continues to be strong, even as we remain watchful of the global supply chain and take appropriate action, as required,” M&M CEO (Automotive Division) Veejay Nakra famous.

Toyota Kirloskar Motor (TKM) reported complete wholesales of 17,131 items in March, its best-ever month-to-month gross sales in 5 years.

Last month, the corporate’s dispatches rose 14 per cent in comparison with 15,001 items in March 2021.

“We have been witnessing tremendous demand from the market and our March wholesales stand testimony to the current demand trends. Not only that, it also reiterates the kind of popularity all Toyota models enjoy in their respective segments and the fact that we have been able to offer products basis our customers’ expectations,” TKM Associate Vice President (Sales and Strategic Marketing) Atul Sood mentioned.

Automaker Kia reported its best-ever month-to-month gross sales in March at 22,622 items.

The firm mentioned its wholesales final month elevated by 18 per cent to 22,622 items in comparison with the identical month final yr.

“Our growing sales number can be attributed to our recently launched Carens, which has won Indian customers’ hearts. We look forward to this outstanding positive trajectory continuing, backed by our revolutionary products and quality customer experience services,” Kia India VP and Head of Sales & Marketing Hardeep Singh Brar mentioned.

Similarly, Skoda Auto reported a five-fold enhance in its gross sales at 5,608 items in March in comparison with 1,159 items in the identical month final yr.

This is the very best ever gross sales quantity clocked in a month by the automaker in its two-decade historical past in India.

The earlier month-to-month excessive for the corporate was recorded in June 2012 when it had dispatched 4,923 items.

“The concerted efforts of the entire team to ensure the successful roll-out of the INDIA 2.0 project are bearing fruit. This project is not only about new platforms and products, but an entire rejuvenation of our business processes – enhancing the ownership experience, widening the reach of our network, getting closer to our customers and a variety of value-added services,” Skoda Auto India Brand Director Zac Hollis mentioned.

MG Motor India reported a 14.5 per cent decline in retail gross sales in March at 4,721 items, hit by provide chain constraints because of the new COVID-19 variant and the continued world semiconductor chip scarcity.

The firm had retailed 5,528 items in March final yr.

Nissan India additionally reported a 25 per cent decline in home wholesales at 3,007 items in March.

The firm had registered 4,012 items in home wholesales in March 2021.