Despite the economy looking up and the Indian car industry showing a positive growth of 14.68 in domestic sales in April 2017 at 277,602 units, five out of 16 companies have show negative sales in April 2017 as compared to April 2016. All figures as provided by SIAM.
FIVE LOSERS IN APRIL 2017
COMPANY NAME
APRIL 2017 DOMESTIC SALES
GROWTH
Fiat India
292 units
(-) 39.92 %
Force Motors
119 units
(-) 33%
General Motors
883 units
(-) 57.20%
Mahindra & Mahindra
19325 units
(-) 14.70%
Renault India
9545 units
(-) 23.19%
While exports grew by 13.5 per cent in April 2017 as compared to the corresponding period last year at 60,687 units, only four companies grew in exports among the 16 companies in this passenger car space.
TOP FOUR EXPORTERS IN APRIL 2017
APRIL 2017 EXPORTS
Ford India Ltd
17531 units
(+) 76.39 %
General Motors India
7667 units
(+) 38.47 %
1066 units
(+) 843 %
Toyota Kirloskar Motor
1121 units
(+) 14.15 %
CAR COMPANIES WHOSE SALES INCREASED IN APRIL 2017
GROWTH (+) %
Ford India
7618 units
16.64
HM Financial Corp
70 units
16.67
Honda Cars India
14480 units
38.09
Hyundai Motor India
44758 units
5.68
Isuzu Motor India
139 units
275.68
Maruti Suzuki
144081
23.10
Nissan Motor India
4217 units
39.27
Skoda Auto India
1372 units
50.11
Tata Motors
14066 units
15.01
Toyota Kirloskar
12964 units
52
Volkswagen India
3673 units
20.86
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