Hyundai, Honda gain as Maruti sales skid in Mar

India's largest carmaker suffers 2 per cent decline in sales.

e4m by exchange4media Staff
Published: Apr 2, 2008 8:04 AM  | 3 min read
Hyundai, Honda gain as Maruti sales skid in Mar

India's largest carmaker suffers 2 per cent decline in sales.

Despite pushing its manufacturing facilities to the limits, Maruti Suzuki, India’s largest carmaker, had to suffer a more than 2 per cent decline in sales in March due to a slack demand for its products. However, arch-rival Hyundai posted a 66 per cent growth in sales during the same period.

Maruti has undertaken a capacity expansion programme at its Manesar facility to tide over the production constraint.

The company sold 70,296 units in March (including exports of 5,875 units) compared with 71,772 units in the same period last year.

However, a surge in the bookings for the newly launched DZire (5,658 units) helped the company register a more than 200 per cent growth in the A3 segment, which also has the SX4 model.

Aniket Mhatre, an auto analyst at Prabhudas Liladhar, said, “If the sales generated through DZire and the exports were taken out, the figures then will be flat for the company. The excise duty cut has also not shown any positive impact on the sales of the company. The outlook for the company does not look bright due to a stagnant demand for its models.”

Hyundai India, on the other hand, has shown a robust growth at 66 per cent with 47,001 units during the month, thanks to the i10 model. The company had sold 28,239 units in the same month of the previous year.

H S Lheem, managing director, HMIL, said, “We are delighted by our sales touching an all-time high. The newly launched compact i10 has done well and is on its way to becoming a popular car. Also, with the commissioning of our new plant, we are in a position to meet the growing demand from domestic and overseas customers.”

For the quarter ended March 2008, Hyundai registered a 42 per cent growth in sales, while Maruti had to satisfy with 1 per cent.

General Motors India posted a 51 per cent rise in sales at 6,836 units compared with 4,542 units in the same month last year. The Indian arm of the US car maker managed healthy sales from its small car Spark, which sold 2,396 units. Tavera and Aveo also aided the growth.

“Our brand has exceeded the expectations of our customers in terms of performance, attractiveness, quality and value for money,” said P Balendran, V-P, GM India.

Mahindra & Mahindra recorded a growth of 1 per cent at 15,366 units during the month against 15,210 units in the comparable month of 2007. Mahindra Renault sold 3,068 units of Logan.

Tata Motors recorded a 4 per cent drop in sales at 24,737 units compared with 25,760 units in March 2007. Small car Indica witnessed a drop of 14.7 per cent in sales at 13,042 units during the month.

Honda Siel Cars India (HSCI) posted a 4.8 per cent growth at 8,895 units in March 2008 compared with 8,487 units in March 2007. The company’s sales suffered due to slow growth in the Accord segment as the vehicle was withdrawn from production last year. The City sedan sold 6,492 units during the month.

Skoda India registered sales growth of 27 per cent at 2,050 units during the month against 1,612 units in the same month a year ago. It recorded sales of 702 units of Fabia during the period.

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E4M Our strategy is to target younger audiences through Sports: Rajiv Dubey, Dabur

The Head of Media at Dabur India spoke exclusively to exchange4media on the World Cup, associating with Indian Idol, the company’s digital spending and much more

e4m by e4m Staff
Published: Oct 27, 2023 6:15 PM  | 1 min read
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With quirky campaigns, memes and moment marketing, timed with the ongoing World Cup and particularly the India-Pakistan matches, Dabur India has got considerable consumer attention for its popular brands – Red Paste, Cool King Hair Oil, Chyawanprash, Dabur Vita and the recently launched Bae Fresh Gel toothpaste.

The 140-year-old company is going big on key sporting events, World Television Premiere (WTP) movies and reality shows. It is now gearing up to become the title sponsor of popular talent show ‘Indian Idol’ on Sony TV for the first time, shared Rajiv Dubey, who leads the media strategy at Dabur.

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Swapan Seth's new book 'COOL' is out

The book is a reflection of the author's 'eclectic taste across categories'

e4m by e4m Staff
Published: Oct 27, 2023 6:07 PM  | 1 min read
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Advertising professional and art collector Swapan Seth has announced the launch of his new book COOL. The book is described as "a ready reckoner to the hip and the happening, of the known and the very unknown."

The book is a reflection of the author's "eclectic taste across categories: from boltholes to exotic hideaways."

COOL has been published by Simon & Schuster India and is available on Amazon.

Seth is an ad veteran with a long and illustrious career in the industry. He became the youngest-ever Creative Director at Clarion at age 24. He was VP at 26 at Trikaya Grey. Two years later, he started his agency Equus.

He writes for publications such as The Economic Times, Hindustan Times and India Today. This is his second book and he has previously published THIS IS ALL I HAVE TO SAY.

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Disney Star signs 9 sponsors for Asia Cup PAK

Charged by Thums Up, Nerolac Paint+, Amazon Pay, Jindal Panther, My11Circle, MRF, Samsung Galaxy Z Flip5, Wild Stone and Thums Up come on board

e4m by exchange4media Staff
Published: Aug 26, 2023 11:48 AM  | 1 min read
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e4m Staff Disney Star has signed nine broadcast and digital streaming sponsors for the upcoming Asia Cup.

Charged by Thums Up, Nerolac Paint+, Amazon Pay, Jindal Panther, My11Circle, MRF, Samsung Galaxy Z Flip5, Wild Stone and Thums Up have come on board for the upcoming tournament.
As reported earlier by exchange4media, Disney Star has sought Rs 26 crore for the co-presenting sponsorship on TV and Rs 30 crore for Disney+ Hotstar.

According to industry sources, the associate sponsorship on Star Sports has been priced at Rs 19.66 crore, whereas for the ‘powered by’ sponsorship on Disney+ Hotstar, the broadcaster is seeking Rs 18 crore.

As per the information available with exchange4media, Disney+ Hotstar has three sponsorship tiers-- co-presenting (Rs 30 crore), powered by (Rs 18 crore) and associate sponsorship (Rs 12 crore). The broadcaster is offering an estimated reach of 120-140 million for co-presenting sponsors, 90-100 million for powered by and 60-70 million for associate sponsorship.

A spot buy for 10 seconds has been priced at Rs 25 lakh for the India vs Pakistan matches, while for the non-India matches, the ad rate for 10 second is Rs 2.3 lakh. The India matches plus the final for ODIs has been priced at Rs 17 lakh per 10 seconds.

Asia Cup is scheduled to be held from 30 August, 2023, to September 17, 2023.

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Sorted 360 wins creative & social media mandate of Reliance Mall

The agency will manage offline and online campaigns for Reliance Mall

e4m by exchange4media Staff
Published: Aug 26, 2023 10:54 AM  | 1 min read
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Sorted 360, an integrated creative and social media agency, has won the mandate to providing brand solutions for Reliance Malls across India.

“Sorted 360 is set to enhance Reliance Malls' market presence with their unparalleled creative prowess and strategic thinking,” read a press release.

“Sorted 360's commitment to pushing the boundaries of creative communication aligns perfectly with Reliance Malls' ethos. With a pan-India presence spanning across 19 cities and growing, Reliance Malls has consistently captivated customers by offering an array of Reliance brands and third-party fashion & lifestyle brands. The mall has established an unparalleled connection with its patrons through superior quality, a remarkable value proposition, and an unmatched shopping experience,” it read further.

"We are thrilled to welcome Sorted 360 as our trusted partner in advancing our brand presence across the nation," said the Head of Marketing at Relaice Malls. "Their proven expertise in retail, shopping center management, and innovative creative strategies make them the perfect fit for our vision."

"Partnering with Reliance Malls is a testament to our commitment to shaping extraordinary brand experiences," remarked Prerana Anatharam, Co-founder of Sorted 360. "We are excited to leverage our strategic and creative acumen to further elevate Reliance Malls as the epitome of convenience, choice, and excellence."

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e4m by exchange4media Staff
Published: Aug 25, 2023 4:39 PM  | 1 min read

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e4m by exchange4media Staff
Published: Aug 25, 2023 4:38 PM  | 1 min read

KlugKlug onboards Hemang Mehta as Country Manager for Indias

Mehta was most recently Head of Agency Relationships at Network 18 Media & Investments

e4m by exchange4media Staff
Published: Aug 24, 2023 3:35 PM  | 1 min read
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KlugKlug has appointed Hemang Mehta as its Country Manager for India.

Mehta will play a pivotal role in driving KlugKlug's growth and expansion within the Indian market and be responsible for Sales & GTM Strategy

Prior to that, he has also represented organisations like Exponential (now VDX.tv), India Today Digital and Rediff.com. His expertise spans various domains including digital media sales, mobile marketing, media planning, and buying, social media marketing, and more.

Hemang Mehta expressed his enthusiasm about joining KlugKlug, saying, "I am thrilled to be a part of KlugKlug, a forward-thinking platform that is reshaping the influencer marketing landscape. As much as I look forward to collaborating with the exuberant team at KlugKlug, I am super excited to interact with the brands to deliver powerful data-backed Influencer solutions that will guarantee business outcomes."

Commenting on the appointment, Kalyan Kumar, Co-Founder and CEO of KlugKlug, stated, "We are excited to welcome Hemang Mehta to our team as the Country Manager for India. His extensive experience in digital media sales and marketing will be instrumental in driving our efforts to provide influencer marketing solutions to our clients. We believe Hemang's leadership will be key in scaling our operations and expanding our reach within the Indian market."

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