In December and January the auto companies to discount prices of the cars bumper by 2 to 3% increase announced the month of December to own the vehicle is great for companies in terms of sales.On the other hand, in January 2015 excise duty exemption ended December also boosted sales.
The country’s two leading carmakers Maruti Suzuki and Hyundai Motor India has gained substantial sales last December. Maruti Suzuki sales in 2014, 20.8 per cent increase in December, Hyundai Motor’s sales jumped 21 per cent. These companies from January 1, has already announced price hikes. The new rates will be released on January 2nd. Maruti Suzuki India December 2014 to 20.8 per cent of total sales were 109 791. In December 2013, the company sold a total of 90 924 cars.The company’s domestic sales last month rose to 13.3 per cent, 98 108, 86 613 in 2013 was December. The company exports nearly trebled to 11 682 in the reporting month.
Meanwhile, Hyundai Motor India has 59 365 December 2014 sales jumped by 21 per cent. Hyundai’s total sales in December 2013 was 49 078. Hyundai’s sales in the domestic market reached 14.7 per cent at 32 504. In December 2013, the figure was 28 345. Exports jumped 29.6 percent during the month under review was 26 861. In December 2013, the company had exported 20 733 cars.
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