Auto Sales In July 2022 Live: Royal Enfield's Sales Rise 26% In July
From Maruti Suzuki to Bajaj Auto, leading automakers are reporting their sales figures for July 2022. Catch all the details here.
KEY HIGHLIGHTS
July 2022 Auto Sales Preview
India's automotive industry is expected to see higher sales in most segments in July, both over the year earlier and sequentially, as indicated by building up of inventory on anticipation of higher demand ahead of the festival season.
Factory-gate shipments of carmakers are expected to have risen month-on-month in July on a large order book and ramp-up in production, according to Emkay Global.
Two-wheeler sales volumes in July are expected to rise over the previous month, as demand improves gradually and the companies increase dispatches to build-up inventory ahead of the festival season. In the commercial vehicle segment, too, the analysts are seeing higher demand.
Here's a look at the auto sales in July 2022, as reported by the companies:
Royal Enfield's Sales Rise 26%
Eicher Motors July Wholesale Sales
Total sales rise 26% year-on-year to 55,555 units.
Sales of models with sub-350cc engine capacity rise 23% YoY to 46,336units.
Sales of models with engine capacity exceeding 350cc rises 42% YoY to 9,219 units.
Hero MotoCorp Sales Fall 2%
Hero MotoCorp July Wholesale sales
Total sales fall 2% year-on-year to 445,580 units
Motorcycle sales fall 0.7% YoY to 421,288 units
Scooter sales 19.8% YoY to 24,292 units
TVS Motor Sales Rise 13%
TVS Motor July Wholesale Sales
Total sales rise 13% year-on-year to 314,639 units
Two-wheeler sales rise 14% YoY to 299,658 units
Scooter sales jump 49% YoY, while motorcycle sales rise 8%
Volvo-Eicher CV Sales Rise 51%
Eicher Motors’ arm Volvo-Eicher's commercial vehicles rise.
Domestic sales rise 51% to 5,360 units.
Total sales, including exports, rise 40% to 5,982 units.
Maruti Suzuki Domestic Sales Rise
Total sales rise 8.3% to 175,916 units
Domestic sales rise 10.2% to 155,605 units
Sales in mini and compact segment rise 17% to 105,151 units
Sales of utility vehicles fall 28% to 23,272 units
Ashok Leyland Sees CV Sales Rise Over 50%
Domestic commercial vehicle sales rise 56% to 12,715 units
Total sales, including exports, rise 58% to 13,625 units
Tata Motors' Domestic Sales Jump 52%
Tata Motors’ total domestic sales jump 52% year-on-year to 78,978 units in July.
Domestic passenger vehicle sales rise 57% to 47,505 units
Total commercial vehicle sales rise 43% to 34,154 units
Mahindra & Mahindra Passenger Vehicle Sales Rise
Mahindra & Mahindra Ltd. total passenger vehicles sales rise 33% year-on-year to 28,053 units in July.
Mahindra & Mahindra Ltd. total tractor sales fall 14% year-on-year to 23,307 units in July.
Escorts Kubota Tractor Sales Fall 18.3% In July
Escorts Kubota Ltd.'s agri machinery segment in July sold 5,360 tractors against 6,564 tractors a year ago, a decline of over 18%.
Domestic tractor sales at 4,704 tractors vs 6,055 tractors in July 2021, down 22.3%.
Export tractor sales at 656 tractors vs 509 tractors in July 2021, up 28.9%.
Bajaj Auto's Total Sales In July Fall
Bajaj Auto Ltd.'s two-wheeler sales fall 5% year-on-year to 315,054 units in July.
Bajaj Auto commercial vehicle sales rise 3% year-on-year to 39,616 units.
Bajaj Auto total dispatches fall 4% year-on-year to 354,670 units.