Not long ago Tata Motors was on third position behind only Maruti and Hyundai in India since the past few years. But looking at June numbers Tata Motors has overtook Hyundai for the second position. As usual Maruti leads the auto companies in India.
Now you will be wondering, how Tata Motors manage it all. But don’t scratch your heads folks, it is only because of the small wonder-car Nano. The company has managed to sold 7704 units in June of Nano. The overall growth is 63% at 27811 units, while Hyundai’s total production is 27366 units, with a growth of 19% till june 2010.
“Going forward, our expectation would be to maintain the No 2 position in the industry.” said a Tata Motors spokesperson. Experts and analysts also believe that Tata would definitely maintain its sales growth in future as the demand of Nano segment is huge. Automotive practice leader at Pricewaterhouse Coopers, Abdul Majid said, “The newly-created Nano segment has huge opportunities and, therefore, Tata Motors is likely to sustain its numbers because of the higher volumes it will generate.”
But, Hyundai Motors states that they are still in No.2 position, because they manufacture only passenger cars and not utility vehicles like Tata’s Sumo. The company says that the comparison should be made only for passenger cars.
Apart from these three major auto giants, other prominent auto companies like GM and Ford have also got good percentage in sales in June.