Automobile companies have started releasing October sales figures. The country's largest car manufacturing company Maruti Suzuki has suffered a loss of 24% every year. Two and three-wheeler maker Bajaj Auto reported a 14% year-on-year sales decline in October. At the same time, Ashok Leyland, a heavy commercial vehicle maker, has got a growth by 11% on an annual basis. Here Escort tractor has suffered a loss of 1% every year. Let us know one by one about the October sales of all these auto companies ...
Domestic sales down 32% for Maruti Suzuki
The company had sales of 1.38 lakh units in October 2021. In October 2020, this figure was 1.38 lakh units. That is, the overall sales of the company fell by 24.2% every year. Its domestic sales fell 32.4% during this period. The company's domestic sales stood at 1.17 lakh units last month. There itself. In October last year, this figure was 1.73 lakh units. However, it has gained 1.2 times in exports. The company exported 21,322 units last month against 9,586 units a year ago.
The stunning growth of 30% year-on-year for Tata Motors
Tata Motors sold 67,829 units in October. In October last year, this figure was 52,132 units. That is, it got a growth of 30% yearly. During this period, the company gained 18% in commercial vehicle sales. It sold 33,674 units last month, up from 28,472 units a year ago. The company saw a 31% growth in domestic sales on account of the festive season. It sold 65,151 units against 49,669 units a year ago.
Bajaj Auto loses 22% in domestic sales
Overall sales of Bajaj stood at 4.39 lakh units in October. Whereas in October 2020, this figure was 5.12 lakh units. That is, it had to face a huge decline of 14% every year. The company's domestic sales declined by 22% during this period. The company had sold 2.81 lakh units in October 2020, which declined to 2.18 lakh units in October 2021. The company has also suffered a loss of 4% in exports. Last month, it exported a total of 2.21 lakh units. This figure was 2.31 lakh units a year ago.
32% growth in Ashok Leyland's heavy commercial vehicles
The company's total sales grew 11% year-on-year in October 2021. It sold 11,079 units last month. A year ago, this figure was 9,989 units. During this period, its medium and heavy commercial vehicle segment saw a growth of 32%. The company sold 6,078 units in this segment last month. A year ago, it had sold 4,588 units in October. However, the company has suffered a loss of 7% in the low commercial vehicle segment. It sold 5,001 units in this segment. A year ago this figure was 5,401 units.
Escort tractor demand decreased in the festive season
The festive season in the country started in October, but this season the demand for tractors dropped slightly on a year-on-year basis. Escort sold a total of 13,515 tractors in October 2021. This figure was 13,664 units a year ago. That is, the company sold 149 fewer tractors. It has incurred a loss of 1.1% every year.
TVS annual sales down 10%
October hasn't been a good one for TVs either. The company posted a loss of 10% on a year-on-year basis last month. It sold a total of 3.55 lakh units during this period. This figure was 3.94 lakh units in October last year. He incurred a loss of 10.6% during the motorcycle sales. Last month he sold 3.41 motorcycles. A year ago, this figure was 3.82 lakh units. During this, the company made a profit of 3% in exports. It exported 95,191 units. A year ago, this figure was 92,520 units.
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