October 2015 is a blockbuster month whatever way you may look at it.
We have numbers from ten brands and the cumulative total is a 19% jump in dispatches on a year-on-year basis. Several factors helped last month, the most significant being a number of new models where inventory build up is happening right after the launch.
The Renault Kwid, Mahindra TUV 300, Maruti Baleno and the Ford Figo / Aspire are newly launched models where fresh dealer inventory creation has helped numbers. As a result, Renault dispatches were up 92%, MSIL up 24.7%, Mahindra up by 18.8%, and Ford dispatches were up by 49%.
We will analyse the numbers in detail in our detailed sales analysis around the 10th of the month.