Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Maruti Suzuki reported a 4pc increase in total sales in December 2019 to 133,296 units, from 128,338 units in the prior year. 


Tata Motors’ registered sale of 44,254 units in the period, down by 12pc from Dec 2018 and Mahindra & Mahindra’s total sales in December were 39,230 units, down by 1pc from 39,755 units in the previous year. Passenger vehicles sales grew by 4pc in December to 15,691 units, from 15,091 units  in the previous year. 


Sales by tractor maker Escorts fell by 10pc in December, to 4,114 units, which included a drop in domestic sales by 9.6pc, to 3,806 units.


Most of the automakers reported a fall in growth in December, except for Maruti. A cumulative sales report suggested that the auto sector grew by 2.08pc in December from the prior year. 


In 2019, the Indian automobile industry saw a slump as sales of passenger vehicles fell below the three million mark for the first time since 2016, according to reports. The automobile industry’s sales were hit attributing to economic slowdown, weak demand coupled with strict BS-VI norms. 



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