Tata Motors January 2017 sales snapshot

Key Highlights:

  • Tata Motors’ Passenger vehicle segment grew by 21%, due to continued positive response for the Tata Tiago.
  • In M&HCVs, construction vehicles continued to grow at 26.5%
  • The IM&HCV Bus segment witnessed a growth of 12%, driven particularly by Government/STU, intercity, staff application segments

Tata Motors passenger and commercial vehicle total sales (including exports) in January 2017 were at 46,349 vehicles, a decline of 1% over 47,035 vehicles sold in January 2016. The company’s domestic sales of Tata commercial and passenger vehicles for January 2017 registered flat growth at 41,428 nos., over January 2016. Cumulative sales (including exports) of the company for the fiscal was at 4,37,842 nos., higher by 6% over 4,11,974 vehicles, sold last year.

Domestic – Passenger Vehicles

In January 2017, Tata Motors passenger vehicles, in the domestic market, recorded sales at 12,907 nos., with a growth of 21%, over January 2016, due to continued strong demand for the Tata Tiago. The company has also received an encouraging response to its recently launched lifestyle UV, Tata Hexa.

Cumulative sales growth of all passenger vehicles in the domestic market for the fiscal were at 1,25,446 nos., a growth of 18%, compared to 1,06,650 nos., in the last fiscal.

Domestic – Commercial Vehicles

The overall commercial vehicles sales in January 2017, in the domestic market were at 28,521 nos., lower by 7% over January 2016.  The construct segment continued to grow strongly by 26.5% Y-o-Y, as road construction continues to drive demand, along with coal & iron ore mining also gaining momentum. IM&HCV Bus sales grew by 12%. The M&HCV segment is witnessing a surge in enquiry levels, after a weak Q3.

Cumulative sales of commercial vehicles in the domestic market for the fiscal was flat at 2,58,928 nos. over last year.

Exports

The company’s sales from exports was at 4,921 nos. in January 2017, a decline of 13% compared to 5,637 vehicles sold in January 2016. The cumulative sales from exports for the fiscal was at 53,468 nos., higher by 15%, over 46,537 nos., sold last year.

About Tata Motors:

Tata Motors Limited is India’s largest automobile company, with consolidated revenues of INR 2,75,561 crores (USD 41.6 billion) in 2015-16. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, South Africa and Indonesia. Among them is Jaguar Land Rover, the business comprising the two iconic British brands. It also has an industrial joint venture with Fiat in India.  With over 9 million Tata vehicles plying in India, Tata Motors is the country’s market leader in commercial vehicles and among the top in passenger vehicles. Tata cars, buses and trucks are being marketed in several countries in Europe, Africa, the Middle East, South Asia, South East Asia, South America, Australia, CIS and Russia.

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Mahindra & Mahindra Ltd sells 39,303 vehicles during January 2017

Mumbai, Februray 1, 2017: Mahindra & Mahindra Ltd. (M&M Ltd.), India’s leading SUV manufacturer, today announced its auto sales performance for January 2017 which stood at 39,303 vehicles compared to 43,789 vehicles during January 2016.

The Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 20,096 vehicles in January 2017 as against 22,088 vehicles during January 2016. The company’s domestic sales stood at 37,042 vehicles during January 2017, as against 40,693 vehicles during January 2016.

Exports for January 2017 stood at 2,261 vehicles.

Commenting on the performance for January 2017, Pravin Shah, President & Chief Executive (Automotive), M&M Ltd. said, “The auto industry continues to see mixed reactions and some of the segments including the rural market and the commercial vehicles category continue to face challenging times. Going forward we expect the announcements made at the National Budget today will positively impact the economy and also the industry, especially in view of the emphasis and the allocations made for rural, agri and infrastructure. We are confident that this will lead to a spur in demand”.

Sales Summary January 2017

January

YTD January

F17

F16

% Change

F17

F16

% Change

Passenger Vehicles

20096

22088

-9%

190173

185704

2%

Utility Vehicles

19217

21034

-9%

179185

174276

3%

Cars + Vans

879

1054

-17%

10988

11428

-4%

Commercial Vehicles

13890

14385

-3%

141657

135481

5%

LCV < 3.5T

12737

13297

-4%

131179

126005

4%

LCV > 3.5T

535

477

12%

5950

5129

16%

MHCV

618

611

1%

4528

4347

4%

3W

3056

4220

-28%

43818

46565

-6%

Total Domestic Sales

37042

40693

-9%

375648

367750

2%

Total Exports

2261

3096

-27%

32232

29628

9%

Total Sales (Domestic + Export)

39303

43789

-10%

407880

397378

3%

About Mahindra

The Mahindra Group is a USD 17.8 billion federation of companies that enables people to rise through innovative mobility solutions, driving rural prosperity, enhancing urban living, nurturing new businesses and fostering communities. It has a leadership position in utility vehicles, information technology, financial services and vacation ownership in India and is the world’s largest tractor company, by volume. It also enjoys a strong presence in agribusiness, components, commercial vehicles, consulting services, energy, industrial equipment, logistics, real estate, steel, aerospace, defence and two wheelers. Headquartered in India, Mahindra employs over 200,000 people across 100 countries.

Royal Enfield January 2017 Sales Snapshot

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royal-enfeild-january-2017-sales-snapshot

Royal Enfield in India since a couple years is on a consistent rise. All the models with engine capacity upto 350cc (i.e., Bullet 350, Thunderbird 350 & Classic 350) recorded a sales growth of 25% from 44,234 units in January 2016 to 55,216 units in January 2017. And the segment’s year-to-date sales grew by 35% from 3,68,686 units to 4,96,239 units.

Sales of models with engine capacity above 350cc (i.e., Bullet 500, Classic 500 & Himalayan) grew by 28% from 3,476 units in January 2016 to 4,460 units in January 2017. Year-to-date sales of the segment grew by 33% from 38,992 units to 51,699 units.

Total domestic sales for the month of January 2017 stood at 59,676 units which is 25% higher than the 2016 January. Year-to-date total domestic sales grew by 34% from 4,07,678 units to 5,47,938 units.

This January’s exports stood at 1,543 units which is a whopping 171% over 2016 January sales(570 units). Year-to-date export sales grew by 86% from 6,513 units to 12,117 units.

Toyota Kirloskar Motor Registers 21% Growth in the month of January 2017

New Fortuner & Innova Crysta continue to grow and delight customers

toyota-halts-lexus-daihatsu-brand-launch-in-india-03-1470207300

Bangalore, January 31 st, 2017: In the month of January 2017, Toyota Kirloskar Motor registered a 21% growth in domestic sales and 22% growth in overall sales when compared to the sale in January 2016. TKM sold a total of 10,336 units in the domestic market and exported 916 units of the Etios series in January 2017. The company had sold 8,511 units in the domestic market and exported 745 units of Etios series in January 2016.

Commenting on the monthly sales, Mr. N. Raja, Director & Sr. Vice President, Sales & Marketing, Toyota Kirloskar Motor said, “We recorded a 21% growth in sales in January 2017 when compared to the sales in January last year. Three months into demonetization and we can slowly see that the market is reviving with increased footfalls and customer enquiries. In fact, even with demonetization in effect, we have still managed to record a 17% growth in sales in the last three months when compared to the same period last year. This has been possible due to the overwhelming response the new Fortuner and Innova Crysta have received and we would like to thank our customers for the same”.

Overview of TKM

Company name Toyota Kirloskar Motor Private Limited
Equity participation TMC: 89%, Kirloskar Group: 11%
Number of employees Approx. 7,000 +
Land area Aprox. 432 acres (approx.1,700,000 m2)
Building area 74,000 m2
Total Installed Production capacity Upto 3,10,000 units

Overview of TKM 1st Plant

Established October 1997 (start of production: December 1999)
Location Bidadi
Products Innova, Fortuner manufactured in India.
Prado, Land Cruiser and Prius imported as CBUs.
Installed Production capacity Upto 1,00,000 units

Overview of TKM 2nd Plant

Start of Production December 2010
Location On the site of Toyota Kirloskar Motor Private Limited, Bidadi
Products Corolla Altis, Etios, Etios Liva, Etios Cross, Camry & Camry Hybrid
Installed Production capacity Upto 2,10,000 units

Daimler and Uber join forces to bring more self-driving vehicles on the road

  • Daimler and Uber sign general agreement on the intended supply and operation of self-driving Mercedes-Benz vehicles on Uber’s network

Stuttgart/ San Francisco, Jan 31, 2017: Daimler and Uber today announced an agreement on their intent to cooperate on the supply and operation of self-driving vehicles. Under the terms of the cooperation Daimler plans to introduce self-driving vehicles also on Uber’s global ridesharing network in the coming years. Daimler is the first auto company to join with Uber as it opens up its platform for manufacturers to introduce their own self-driving cars.

With its new corporate strategy entitled CASE – which stands for “Connected”, “Autonomous”, “Shared & Services” and “Electric” – Mercedes-Benz Cars is marking out the cornerstones for its future success and the reshaping of mobility. This agreement is the next step into the future of shared and autonomous driving. Daimler is a pioneer when it comes to self-driving vehicle technologies. The new Mercedes-Benz E-Class is the world’s first series-production vehicle to be awarded a test licence for autonomous driving in the US state of Nevada. With its Highway Pilot system, Daimler Trucks is now the world’s first truck manufacturer with plans to develop an autonomous driving system for use in commercial vehicles.

Uber has assembled a strong self-driving engineering group with its Advanced Technology Group, which is testing self-driving vehicles on the road in the US. Uber’s Otto division is also working on self-driving trucks. And Uber has valuable experience that comes from running a ridesharing and delivery network across 74 countries.

Each company will benefit from the other’s industry-leading capabilities in research and development of autonomous driving and network operations.

“As the inventor of the automobile, Daimler aims to be a leader in autonomous driving – one of the most fascinating aspects of reinventing mobility”, said Dieter Zetsche, Chairman of the Board of Management of Daimler AG and Head of Mercedes-Benz Cars. “ Mobility service providers offer an ideal platform for autonomous driving technology and Uber is a leading mobility platform company. The real revolution in future mobility lies in intelligently linking the four major trends we call CASE: connectivity, autonomous driving, sharing and electric mobility. And we will certainly be the driver of these changes.”

Travis Kalanick, CEO and Co-Founder of Uber, said: “Self-driving technology holds the promise of creating cities that are safer, cleaner and more accessible. But we can’t get to that future alone. That’s why we’re opening up the Uber platform to auto manufacturers like Daimler. By combining Daimler’s and Uber’s technological strengths, more people can get access to reliable transportation at the push of a button.”

Honda Cars India Ltd expands its campaign to replace Takata Passenger Front Airbag inflators in India

New Delhi, 31st Jan 2017: Honda Cars India Ltd (HCIL) today announced that it will voluntarily replace Takata passenger front airbag inflators of 41,580 vehicles of previous generation of Jazz, City, Civic and Accord as part of Honda’s precautionary global recall campaign concerning Takata front airbag inflators.

The replacement will be carried out free of cost at HCIL dealerships across India. The replacement of inflators for the affected models would begin immediately and the company will communicate with customers directly.

Model Manufacturing Period No of Affected Vehicles
Jazz 2012 7,265
City 2012 32,456
Accord 2012 659
Civic 2012 1,200
Total 41,580

The customers can check whether their cars are covered under this campaign by submitting their 17 character alpha-numeric Vehicle Identification Number (VIN) on the special microsite which has been created on the company’s website (www.hondacarindia.com).

Related : Honda Recall 1.90 Lakh Cars Over Faulty Airbag in India

Maruti Suzuki sales January 2017

New Delhi, February 1, 2017: Maruti Suzuki India Limited, leader in passenger vehicles, sold a total of 1,44,396 units in January 2017. This includes 1,33,934 units in domestic market and 10,462 units of exports. The Company had sold a total of 1,13,606 units in January 2016.

maruti-suzuki-new-logo

The sales figures for January 2017 are given below:

Jan-17 Jan-16 %
Category-A
Mini: Alto, WagonR 37928 34206 10.9%
Compact: Dzire, Swift, Baleno, Ignis, Celerio 55817 44575 25.2%
Super Comapct: Dzire Tour 3001 3545 -15.3%
Mid Size: Ciaz 6530 5431 20.2%
A-Category Total 103276 87757 17.7%
Category-B
Gypsy, Ertiga, Vitara Brezza, S-Cross 16313 8114 101.0%
Category-C
Omni, Eeco 14179 10512 34.9%
Total Domestic Passenger Vehicle Sales 133768 106383 25.7%
LCV: Super Carry 166
Total Domestic Sales 133934 106383 25.9%
Total Export Sales 10462 7223 44.8%
Total Sales (Export + Domestic) 144396 113606 27.1%

Combined sales figures of Alto & WagonR in January 2017 stood at 37,928 units which is 10.9% higher than January 2016 sales. Category-A Compact Segment which comprises of Swift, Dzire, Baleno, Celerio & Ignis grew by 25.2% from 44,575 units in January 2016 to 55,817 in January 2017. Dzire Tour saw a decline of 15.3%. Ciaz sales grew by 20.2% compared to same period last year. A total of 16,313 units of utility vehicles( which comprises of S-Cross, Ertiga, Gypsy & Vitara Brezza) were sold in this January which is a good 101.0% higher than the 2016 January. Category-C which comprises of Omni & Eeco grew 34.9%. The total domestic sales(including Super Carry) in January 2017 stood at 1,33,934 units which 25.9% higher than January 2016 sales.

Exports of Maruti Suzuki India grew by 44.8% from 7,223 units in 2016 January to 10,642 units in this January.

Total sales(including domestic & export) in January 2017 stood at 1,44,396 units against 1,13,606 units in January 2016.