Maruti, Hyundai sales drop in April
The country's top two carmakers, Maruti Suzuki India (MSI) and Hyundai Motor India, began the new fiscal on a negative note reporting a decline in their domestic sales in April.
While MSI reported an 18.7 per cent fall, Hyundai posted a decline of 10.1 per cent in domestic sales in the first month of the 2019-20 fiscal.
MSI, which has over 50 per cent market share in the domestic passenger vehicles segment, sold 1,43,245 units last month. It had sold 1,72,986 units in the year-ago period.
Hyundai registered sales of 42,005 units in April in the domestic market against 46,735 units in the year-ago period.
MSI's sales of mini cars comprising Alto declined by 39.8 per cent during the month at 22,766 units as compared with 37,794 units in April last year.
Similarly, sales of compact segment, including models such as Swift, Celerio, Ignis, Baleno and Dzire, were down 13.9 per cent at 72,146 units as against 83,834 units in April last year, the company said.
Mid-sized sedan Ciaz sold 2,789 .