Monday, June 1, 2009

Auto – May 2009 volume update

Maruti Suzuki India Ltd

Total sales for March 2009 increased by 15.8% YoY to 79,872 units,
against our expectation of 78000 units. Domestic sales grew by 10.4%
YoY to 70,785 units. Exports volume increased by 87.1% YoY to 9,087

Mahindra & Mahindra ltd

Total UV sales declined by 3.3% YoY to 12,620 units. 3 wheeler sales
were down by 27.1% YoY to 2,703 units. Total tractor sales for May
2009, including the sales of Punjab Tractors (PTL) of 3,848 units
(post the merger wef August 2008) increased by 42.6% YoY. (Excluding
PTL's sales of 3,848 units, total tractor sales increased by mere
1.9 %YoY). Volumes had been affected in May 09, due to strike at
Nashik plant from 4th May to 18th May 09.

TVS Motor Company Ltd

Total sales were up by 5.1% YoY to 118,574 units. Motorcycle sales
declined by 2.2% YoY to 53,495 units. Other two wheeler sales up by
12.1% YoY to 65,079 units. Export sales were down by 20.9% YoY to
11,135 units. We expect exports to remain subdued for next two months.

Hero Honda Motors Ltd

Total sales increased by 22.5% YoY to 382,678 units.

Tata Motors Ltd

Total sales declined by 13.3% YoY to 40,196 units. M&HCVs sales
declined by 26.6% YoY to 8,624 units. LCVs sales increased by 20.4%
YoY to 14,380 units. Total domestic sales declined by 10.5% YoY to
38,392 units. Export sales declined by 47.3% YoY to 1,804 units.

No comments:

Blog Archive

Life Insurance | Health Insurance | Auto Insurance

Investors Please Listen !

More than 100 kinds of Insurance products from more than
20 companies under one roof.

Call: 9818269396



Safe Harbor:

The information contained and provided on this Website provides Investment advice for the education of investors. The posts are an information service only. Recommendations, opinions or suggestions are given with the understanding that readers acting on this information assume all risks involved. We do not assume any responsibility or liability resulting from the use of such information, judgment and opinions for Trading or Investment purposes.
Powered by Olark
Advertising Learn to Invest