After clocking in near zero domestic sales in locked-down April, automobile sales have shown a gradual pick up in demand in May. However, on a year-on-year basis, the sales were just a fraction of what these companies clocked in last year. Sales have declined more than 80 per cent on a y-o-y basis.
India's largest automaker sold 13,888 units last month, as against 1,25,552 units in May 2019, recording a sales decline of 88.93 per cent on a y-o-y basis.
The company had zero sales in the domestic market in April.
Maruti Suzuki exported 4,651 units last month, down 48.82 per cent from 9,089 units in May 2019. The auto major said it has resumed manufacturing operations post lockdown, strictly in accordance with the government regulations and guidelines, from 12 May at its Manesar facility and from May 18 at its Gurugram facility.
Hyundai Motor India registered cumulative sales (domestic + exports) of 12,583 units for the month of May 2020, down 78.7 per cent from a year ago, the automaker said in a release. The company had sold 59,102 units in May 2019. Domestic sales during the last month were down 83.8 per cent to 6,883 units as against 42,502 units in May 2019.
Exports stood at 5,700 units in May 2020 as against 6,600 units in the same month last year.
Commenting on the May sales performance, Tarun Garg, Director (Sales, Marketing & Service), Hyundai Motor India Limited said, “In an extremely challenging market environment, HMIL made a humble beginning towards normalcy by registering cumulative sales of 12 583 for the month of May 2020. This performance was made possible on account of strong customer interest and demand-pull generated by trendsetter brands like the All-New Creta, Spirited New Verna, Venue, Elite i20 and Grand i10 Nios."
Mahindra & Mahindra (M&M) sold 3,867 vehicles in May 2020, compared to 20,608 vehicles in May 2019.
In the passenger vehicles segment, including UVs, cars and vans, the company saw a decline of 81 per cent.
In the commercial vehicles segment, Mahindra saw a decline of 71 per cent. The company sold 5,170 vehicles in May 2020, as against 17,879 vehicles in May 2019. Exports for the month of May 2020 were 484 vehicles.
The company’s overall automotive sales (domestic and exports) stood at 9,560 vehicles in May 2020, compared to 45,421 vehicles during May 2019.
SAIC-owned MG Motor India has recorded 710 retail sales for the month of May 2020, amidst supply chain constraints, the company said in a press release.
The country's largest two-wheeler maker Hero MotoCorp on Monday reported an 83 per cent decline in domestic sales at 1,12,682 units in May over the previous month. The company had sold about 6,520,28 units in May 2019, it said in a BSE filing.
In terms of exports, the two-wheeler major exported 3,434 units in May 2020.
The two-wheeler manufacturer Royal Enfield on Monday posted a 69 per cent dip in total sales (domestic + exports) at 19,113 units in May 2020, the company said in a release.
The company had sold 62,371 motorcycles in the same month last year.
Domestic sales declined 69 per cent to 18,429 units in May 2020 as against 60,211 units in May 2019.
Royal Enfield exported 684 motorcycles in the last month, down 68 per cent from 2,160 units in the period under review last year.
Mahindra farm equipment
Domestic sales in May 2020 of Mahindra & Mahindra's Farm Equipment Sector (FES)
were at 24,017 units, as against 23,539 units during May 2019.
Total tractor sales (domestic + exports) during May 2020 were at 24,341 units, as against 24,704 units for the same period last year. Exports for the month stood at 324 units.
In May 2020, the Indian market sold only 36,697 units compared to 2,39,137 units in the same month a year before.