Due to the facility of availability of cheap credits from banks, and because of the decrement in the global financial crisis, the sales of the cars and motorcycle sales are increasing day by day and the sales of June 2010 rose very sharply.
During the past months, the Hyundai Motor India is the second leading car maker, but the sales of Tata Motors rose in such a way that it has become the second largest car maker in India.
Sales Of Tata Motors: When compared to June 2009, the sales rose by 50% in June of this year. The major sales of company included Indigo and Safari. Exactly speaking, the sales had been increased by 49.05 %. The sales of the last June i.e. 2009 are 45,440 and the sales of June 2010 are 67,730 units.
According to the statement given by the company, the sales of the passenger vehicles in the domestic market are 27, 811 which is 63.22% more when compared to the sales of the last year. There is even a growth in the company exports. The sales of Nano are 7,704 units. Indigo sales increased by 113%. Sumo and Safari sales increased by 9%. Apart from all these sales, the sales of Indica decreased by 12%.
In the domestic market, the sales of commercial vehicles segment increased by 32.52%.Light commercial sales increased by 52%.
Sales Of Hyundai Motor India: The sales of Hyundai Motor India also rose, but the sales when compared to the sales of Tata is very less. During the month of June, 2010 the sales are 27,336 units and and it is 18. 9% increase when compared to last year. The company’s exports decreased due to the contracting demand in the west and it was 22.1% decrease.
Thus tata motors occupied second place when compared to the sales of Hyundai India Motors.