Here¶s how various Indian car makers fared in terms of sales in the month of July 2010 Nissan Motor

India
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Sold 1005 units in July Nissan Micra achieved sales of 928 units since delivery began on July 15, 2010 Nissan Teana, 27 Units Nissan X-trail; 50 units. Nissan Micra has till date received more than 3000 bookings, far exceeding the company¶s expectations.

Kiminobu Tokuyama -MD & CEO, NMIPL, ³This is just the beginning. However, we are happy and delighted at the initial response the Nissan Micra has received from the Indian customers. We look forward to an exciting journey as more and more customers benefit from the ownership experience of our product and services.´ Frod India
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307 PERCENT YEAR-ON-YEAR JUMP IN JULY SALES COMPARED TO 2009 Ford India reported a 307 percent year-on-year sales increase for the month of July with 8,739 units sold; recording four-fold jump compared to same period last year Year-to-date, Ford has sold 46,751 vehicles which surpasses the best ever annual sales in Ford India history Sales boom is driven by overwhelming consumer demand for the new Ford Figo 29000 bookings for the Figo since its launch Total sales of 8,739 units, four times the 2,146 sales made in July 2009. Sales performance also represents an increase of 20 percent compared to June 2010 figures. Ford India achieves total vehicle sales of 46,751 units in the January to July period Ford India is expanding its service and dealer network to provide world-class support to its fast growing customer base. The recently launched 3S Brand@Retail* dealership in Meerut (Uttar Pradesh province) is the 167th outlet. With this, Ford India now has a presence in 97 cities nationwide.

Michael Boneham, president and managing director, Ford India ³We are delighted with our results to date. Sales from January to July 2010 were greater than any annual sales figures reported by Ford India during the past five years. This success is driven by a number of factors including an improved economic environment as well as new releases and the opening of new dealerships and service centres across the country.´ Boneham added, ³The Ford Figo is one of the major catalysts behind these terrific total sales numbers. Figo has transformed our business and presence in India and we recently introduced a second production shift to keep up with demand.´ Maruti Suzuki India Limited

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Maruti Suzuki India Limited sold a total of 1,00,857 vehicles in July 2010. This includes 10,743 units for export. Company¶s monthly sales figure has crossed 1 lakh mark for the second time in the fiscal. Domestic sales in July 2010 are also the highest ever domestic sales in a month. The company had sold a total of 78,074 vehicles in July 2009. Volume in the domestic market grew by 33.4 per cent. In the A2 segment, the sales grew by 33.2 per cent while in the A3 segment sales were 13.7 per cent higher, as compared to sales in July 2009. The sales growth in the C segment was 86.5 per cent over July 2009.

Mahindra & Mahindra Ltd
Auto sales for July 2010 stood at 28049 units as against 22563 units during July 2009, an increase of 24.3% Mahindra s auto sales register 24% growth in July 2010
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Domestic sales stood at 26303 units during July 2010, as against 21957 units in July 2009, an increase of 20%. Exports have grown by 188% during the same period. The 3W-Gio-Maxximo ranges of products have registered a phenomenal growth of 105% over the same period last year. The sales of the company¶s sedan, the Logan, have also seen an upward trend with volume increasing for the 3rd consecutive month ± and with a number of 752 units in July 2010 as against 444 units during July 2009, a growth of 69%. The YTD sales which include the Scorpio, Xylo, Bolero and Pick-Ups, stand at 110142 units during July 2010, as against 85432 units in July 2009, a growth of 29%.

Mumbai: The Indian car-makers have been literally on a cruise over the last year and they are likely to continue in that fashion, except that their margins may brake under pressure from raw material costs.
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Indian automakers are on track to report strong quarterly revenue growth as a robust economy boosts demand for vehicles, but rising commodity prices and costlier borrowing pose a risk to profit margins in coming months. Greater competition from companies expanding their operations in the world's fastest growing major economy after China, plus higher costs linked to tougher emission norms and rising prices of raw materials such as steel are worries for the sector. Companies will walk a tightrope ... they will have to raise prices and hope it does not affect demand. They are also squeezing vendors to contain costs, said Arun Kejriwal, director with research firm KRIS. Maruti Suzuki, which sells every second new car in India, is expected to report profits grew a fifth in the June quarter on revenue that jumped more than 80 percent.

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The company, 54.2 percent owned by Japan's Suzuki Motor Co, is facing pressure from competitors such as Hyundai Motors, the second-largest car maker in India. Toyota is aiming to treble its sales in India by 2011. Input costs and expenses due to changes in emission norms is likely to see about a 90 to 100 basis points decline in margins, quarter-on-quarter for the sector, said Kaushal Maroo, auto analyst with Religare Enterprises. A steep rise in prices of steel and other metals is seen squeezing margins by about 80 to 200 basis points in the June quarter from the previous two quarters, analysts said. Vehicle makers have had to raise prices in order to offset increase in raw material costs, and they are hoping this will not affect demand, said Kejriwal. Sales rise

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The Society of Indian Automobile Manufacturers has forecast car sales to rise 12-13 percent to 1.7 million units in the current year ending in March. It also forecast truck sales, a barometer of economic activity, to rise 17-18 percent and motorcycles to climb 910 percent. Sales volumes for the top automakers such as Maruti, Tata Motors, Hero Honda and Mahindra & Mahindra rose 31 percent in April-June from a year earlier. But rising interest rates could dent consumer spending in the short term. India's central bank is seen raising key rates by 25 basis points next Tuesday to curb inflation, taking the increase to a 1 percentage point since mid-March. If truck owners can offset cost of financing with freight rates there may not be too much impact, Kejriwal said. Tata Motors, India largest truck maker, and rival Ashok Leyland have seen commercial vehicle sales jump 41 percent and 187 percent respectively in the June quarter. Tata Motors, whose car range runs from the premium Jaguar and Land Rover brands to the Nano, the world's cheapest car, is expected to benefit from a turnaround of the British unit. The sector index has gained about 12 percent this year, outperforming the main stock index, which has risen about 3 percent. Following are forecasts from a poll of analysts. (figures in billion rupees unless stated) Net Profit, % Chg/yr, Revenues, Date

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Maruti Suzuki7.04 20.5 83.38 July 24 Ashok Leyland1.451,766.0 25.20 July 27 Mahindra5.02 25.2 52.30 July 28 Hero Honda5.97 19.4 43.11 July 29 Tata Motors 9.8-265.20 TBC Tata Motors had reported a 3.29 billion rupees net loss in the year earlier period. ($1=47.3 rupees)

The focus today will be on auto stocks as the July sales numbers trickle in, reports CNBC-TV18's Sonia Shenoy. Bajaj Auto has posted its highest monthly sales. There was a strong upmove in Tata Motors' sales as well. Bajaj Auto: Bajaj Auto posted its highest monthly sales this July, year-on-year. July total sales are up 65% at 3.18 lakh units as compared to 1.92 lakh units in the same period last year. Motorcycle and three-wheeler sales are up 66% and 60% at 2.79 lakh units (1.68 lakh units) and 38,634 units (24,104 units). The company's July exports are up 56% at 1,06,000 units versus 68,585 units. Month-on-month, Bajaj Auto's July total sales are up 1% at 3.18 lakh units as against 3.15 lakh units. Motorcycle and three-wheeler sales stood at 2.79 lakh units (2.82 lakh units) and 38,634 units (32,614 units). Tata Motors: Tata Motors' July total sales are up 41% at 67,799 units versus 48,054 units. Domestic sales for the period under review are up 39% at 63,558 units as against 45,599 units. Exports are up 73% at 4,241 unitsas compared to 2,455 units. July commercial vehicle, light commercial vehicle, medium- to heavy commercial vehicles sales are up 26%, 15%, and 43% at 35,694, 20,438, and 57,412 units, respectively. Maruti: For July, Maruti Suzuki has posted sales of 1,00,857 units as compared to 78,074 units in the same period last year. Month-on-month, the auto major has seen a 14% growth at 1,00,857 units. Mahindra & Mahindra: July tractor sales of Mahindra & Mahindra (M&M) are up 14% at 14,592 units. Domestic sales are up 12% at 13,534 units as compared to 12,128 units. Exports are up 47% at 1,058 units as against 722 units. Total sales stood at 28,049 units versus 22,563 units (excluding tractors).

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