Maruti sold 92,133 units during the month compared with 1,02,626 units in June 2015.
Honda Cars India also reported a 38 per cent decline YoY during the
month, with sales of 11,407 units, compared with 18,380 units in June
2015.
“The shift in consumer preferences led to high stock of diesel vehicles
at our dealerships. As a deliberate measure, we have been rationalising
wholesale dispatches to correct the stock situation. The market is good
and our retail sales were much higher than wholesale,” said Yoichiro
Ueno, President and Chief Executive Officer, Honda Cars India.
However, led by the second largest passenger car manufacturer, Hyundai
Motor India (HMIL), others such as Toyota Kirloskar Motor, Ford India,
Renault India and home-grown firms such as Mahindra & Mahindra
(M&M) and Tata Motors reported positive growth.
In the two-wheeler segment, all the companies, including Honda
Motorcycle & Scooter, TVS Motor, India Yamaha Motor and Royal
Enfield, reported healthy growth.
Market leader Hero MotoCorp alone reported a single-digit growth in June 2016
Similarly, in the commercial vehicle segment, all the major companies reported growth Y-o-Y.
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