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He further said: “We expect the ensuing festive season to bring in some much needed cheer with a slew of new launches from manufacturers… We do hope that the recently launched New Generation Scorpio will continue to be a trendsetter.” Also Read - Tata Motors launches Harrier SUV;price starts at Rs 12.69 lakh
General Motors India, however, reported 37.38 per cent decline in September sales at 4,413 units as against 7,048 units sold in the same month of last year. Also Read - Maha: 3 dead, 1 injured in road accident in Parbhani
GM India Vice President P Balendran said: “There is some positive movement in the market due to the festival season and new entries. However, the complete recovery of the automobile industry is still some time away.”
Ford India's domestic sales also declined 36.22 per cent to 6,786 units in September as against 10,640 units in the same month previous year.
In the two-wheeler segment, Honda Motorcycle & Scooter India (HMSI) reported 33.32 per cent growth in domestic sales for September at 4,38,521 units as against at 3,28,907 units in the same month last year.
Yamaha Motor India also reported 26.78 per cent increase in domestic two-wheeler sales at 59,325 units in September as compared to 46,790 units in the same month last year.
Chennai-based TVS Motor Co said its domestic two-wheeler sales grew by 29 per cent at 2,17,447 units in September 2014 as compared to 1,68,598 units in the same month last year.
Bajaj Auto reported 7.14 per cent increase in motorcycle sales at 3,47,010 units during the month as against 3,23,879 units in the corresponding month of previous year.
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