Monday, May 28, 2012

2012 delivers brighten for automatic companies

The auto manufacturers have started 2012 on positive note, seeing steady and stable development in the revenue during Jan. The automobile industry had witnessed strong development revenue last season since high interest rates and fuel cost had affected the sentiments, which has kept the revenue poor.

The revenue of Mahindra and Mahindra (M&M) during Jan increased by 22% to 44,717 systems as when in comparison to 36,718 systems marketed in the corresponding month of 2011. The firm's home revenue increased by 20% to 41,369 systems in Jan as against 34,601 systems marketed during Jan 2011.

The exports during Jan increased by 95% to 3,348 systems as when in comparison to 1,713 systems shipped out in the corresponding interval of last season.

Moreover, Tata Motors had posted good revenue numbers during Jan, seeing 16% jump. This consisted of exports of 87,465 systems as when in comparison to 75,423 marketed in the same interval of 2011. The firm has stated that its home revenue during Jan hopped by 14% to 80,382 systems as when in comparison to 70,475 systems marketed in the corresponding month of last season.

The revenue from exports stood at 7,083 automobiles during Jan this season increased by 43% as against 4,948 automobiles during Jan last season.

The home passenger car revenue and distribution offtake of Fiat cars also increased by 14% to 36,770 systems from 32,386 systems in the corresponding interval of last season.

Chennai-based Hyundai Motor India had seen revenue development of 15.2% to 49,901 systems as when in comparison to 43,316 systems in the same interval of 2011. The home revenue hopped by 11.85% during Januray to 33,900 systems from 30,306 systems marketed in Jan last season. The exports increased by 22.9% to 16,001 systems as when in comparison to 13,010 systems shipped out in the like interval of 2011.

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