Car market leader Maruti Suzuki India Ltd drew first blood in a month when the world’s cheapest and the most talked about car — Tata Nano hit the roads. Tata Motors will release its sales figures for July on Monday, which will also include the number of Nanos it despatched for the month.
Maruti reported a 27.6 per cent growth in sales in July 2009 at 67,528 units against 52,911 units sold during the same month last year. All other car and two-wheeler manufacturers, barring TVS Motor Ltd, also reported high double-digit growth during the month.
Two-wheeler market leader Hero Honda continued to mock at the economics of high base effect with an over 30 per cent growth during the month. It’s sales figure of 366,808 units in July were more than thrice that of third-placed TVS Motor's 120,994 units. Others like Yamaha, Suzuki, Honda Motorcycle, too, registered gains.