Tata Motors seems to be a big winner of the March sweepstakes ( Is that Primary sales and build up of inventories to support a lost cause or true sales, will become apparent by May or June) Pass. Car Sales are up to 36,854 up a third from last year and at least 7000 units from february alone. Nano alone crossed 10,000 units in sales. 

Many carmakers expected the prebudget spike in Sales for coming increase in duties. Also the increase in duties may not necessarily hurt retail sentiment in April 2012. Honda was back in March with more than 11,000 cars sold on back of the Brio. Etios and Liva took Toyota to more than 18,000 a 12% increase month on month and doubling from 2011 numbers. Innova still sold 6750 units in the month.

Audi reported a 1000 units sold for the month, probably tax planning for some. 

The weekend has probably extended reporting times for th emonth;'s auto sales at end of the fiscal. 

CV Sales at M&M and Tata Motors also continued to show near 17-20% growth on the 2011 numbers. Volvo/Eicher selling 6000 units, M&M 47,000 incl its 20,000 odd MUV sales and Tata Motors 58,000 

Two wheeler sales also likely to hold at 550000 for Hero, 350000 for Bajaj and 200000 for the new #3 Honda. 

Posted via email from The India Investment Post