March 2019 sub 4 meter SUVs sales

March 2019 CSUV sales
Sub 4 meter SUV sales in March 2019 in India
  • Vitara Brezza remained the undisputed king of the segment despite it not having petrol engine on offer is holding on to its numbers, it is even growing incrementally. This March it grew by 8% from 13147 units in March-2018 to 14181 units.
  • Tata Nexon is holding good despite the new entries like Mahindra XUV300 and updated Ecosport, infact its sales grew further owing to its 5 star safety rating in global NCAP tests. By a sales uptick of 27%, Nexon is the biggest gainer in the segment.
  • New entrant in the segment Mahindra XUV300 got a good response from the market but it can be challenged by upcoming Hyundai Venue.
  • Ecosport sales declined by 21% despite the update owing to competition from XUV300.
  • Honda WRV is bound to decline further with the introduction of Hyundai Venue. This march it declined by 42%.
  • Mahindra TUV300 is the only ladder-frame SUV in the segment, it declined by a whopping 65%.
  • Overall segment grew by 6% from 30685 units to 32519 units. The segment is bound to expand further with the entry of Hyundai Venue.

Source: AutoPunditz

Tata Harrier moves past Compass and XUV-500 in march 2019 sales

Sales of SUVs >4m (excluding premium and luxury SUVs): March 2019 SUV sales in India

Tata Harrier, new entrant in the segment managed to overtake Jeep Compass and Mahindra XUV500 in march 2019 sales by a good margin. Harrier’s prime competitors are Hyundai Creta, Jeep Compass, and Mahindra XUV500. Tata Harrier is placed uniquely that it competes with Creta in pricing while undercutting Compass by a huge margin. What remains to be seen is will it hold on to the sales momentum or will it decline in the upcoming months. Competition in segment is going further intensify with the launch of MG Hector, Kia SP2, and Citreon Aircross.

Tata Harrier gallery:

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Source: AutoPunditz

March 2019 car sales in India

Overall car sales in March 2019 declined by 2.8% when compared to March 2018 due to various reasons. One prominent reason being companies adjusting their inventories so that all the non-confirming stock is cleared before the new safety norms kick-in in April 2019. According to the new norms, all the cars must come fitted with ABS and non-ABS cars will not be registered post 31st March 2019, thus companies are in a rush to sell and register existing stock before April and are cutting on manufacturing of non-ABS models.

This inventory adjustments along with reasons like upcoming elections and market slump led to degrowth of 2.8%.

march 2019 car sales india

  • All the OEMs barring Mahindra, Honda, and Toyota saw a decline in sales.
  • Maruti’s regular sales channel remained neutral while the premium Nexa channel declined by 6%. Nexa channel needs more models to arrest the sales decline and make it positive.
  • Interestingly Maruti’s market share grew by 0.7% from 49.8% in March 2018 to 50.5% in March 2019 while the overall sales declined by 1.5%.
  • Hyundai’s market and sales both declined by 0.8% and 8% respectively.
  • Mahindra’s sales grew by 5% while the market share grew by 0.6% from 8.4% to 9%.
  • Despite the newly launched Harrier, Tata Motors’ sales degrew by 12% and market share fell by 0.7%.
  • But the overall FY-2019 sales of Tata Motors saw an uptick of 12.18% which is the highest among all OEMs in India FY-2019. Standing next to Tata Motors is Honda with 8.09% growth owing amazing response to its facelifted Amaze. (Refer FY-2019 sales report for more)
  • Honda just short by 600 units stood at 5th position in the March 2019 sales chart next to Tata. Thanks to new Amaze, Honda’s sales grew by 27% and market share grew by 1.4% which is highest market share growth among all OEMs.
  • There’s nothing new to write about Toyota, it is riding on the sales of Innova Crysta and Fortuner while the Yaris can be termed as a flop. Toyota’s sales grew by 2% and market share grew by 0.3%.
  • Ford is running thriving on domestic sales of Ecosport and exports. Its sales degrew by 8% and its market share stood at 2.9%. Ford despite having the competent Figo twins is struggling to get good numbers.
  • The sole breadwinner for Renault India is Kwid and its sales are gradually declning, Captur’s launch isn’t helping improve the situation. Duster is long in the tooth and needs interior-exterior design overhaul to revive its sales. Renault’s sales declined by 7% while market share declined by 0.1%.
  • Nissan India’s situation is much worse compared to its alliance partner Renault. Despite having the mass market brand like Datsun its sales(Nissan+Datsun) fell by a whopping 41% and market share decline by 0.7%.
  • Volkswagen India’s sales and market share declined by 26% and 0.3% respectively. Introduction of Ameo isn’t helping the company, it is in dire need of portfolio expansion and uplifts for existing products. Volkswagen laid out a new strategy called India 2.0 wherein Skoda India will lead its India journey.
  • FCA India is at the verge of closing its Fiat India operations while the Jeep brand remains. FCA’s overall sales fell by 31.3% and market share fell by 0.2% due to fall in Jeep Compass sales. The groups sole breadwinner is Jeep Compass, the car received good market response but sales declined gradually over time.
  • Skoda’s sales fell by 6% while its market share remained unchanged at 0.5%.

Source: AutoPunditz

India car sales snapshot in April 2018

Capture auto sales

Maruti Suzuki India time and again proved that it cannot be dethroned that easily. Despite having around 50% market share it further grew to capture a whopping 55% market share. Every time we think that Maruti reached peaks and it cannot grow further it is proving us wrong, this month it grew by 13.4% compared to the last April.

Tata Motors despite trying hard to reach third position is still having tough time to displace Mahindra. But Tata can make it to third position as we can see it is consistently growing at a healthy rate(this month it grew by 34.4%) owing to the success of Tiago and Nexon.

Biggest loser this April is Honda, it de-grew by 36.9% compared to the April 2017.

Thanks to Jeep Compass that Fiat is able to post better numbers.

Source: Autopunditz

Nissan production, sales and exports for January 2018

YOKOHAMA, Japan – Nissan Motor Co., Ltd. today announced production, sales and export figures for January 2018.

1. Production

180227-01-e_table01

Nissan’s global production in January surpassed year-earlier results, the first increase in four months, setting a record for the month of January.

Production in Japan declined from a year earlier.

Production outside Japan surpassed year-earlier results for the seventh consecutive month, setting a record for the month of January. Production in Mexico and China surpassed year-earlier results, setting records for the month of January.

2. Sales

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Global sales in January surpassed year-earlier results after declining the previous month, setting a record for the month of January.

Sales including minivehicles in Japan surpassed year-earlier results, the first increase in four months.

Sales outside Japan surpassed year-earlier results after declining the previous month, setting a record for the month of January. Sales in the U.S. and China surpassed year-earlier results, setting records for the month of January.

3. Exports from Japan

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Exports from Japan in January declined from a year earlier.

Source: Nissan Global Newsroom

Top 25 selling models of January 2018

Top 25 selling models of january 2018

The only company other than Maruti Suzuki and Hyundai to get place in top ten positions is Tata and the model is Tiago. Tata Tiago grew by a good 53% and impacted Celerio sales which saw a decline of 30%. Other model to see a phenomenal sales growth is Hyundai Verna, it grew by 413% from 897 units to 4,601 units. Though it grew by 413% it failed to overtake Maruti Suzuki Ciaz. Renault Kwid’s sales are steadily declining and the newly launched Captur isn’t helping much in setting the sales chart on fire. The only model from Honda’s stable to get place in top 25 list is WRV.

Of the top 25, 12 are from Maruti Suzuki, 5 are from Hyundai, 2 are from Mahindra,  2 are from Tata, 1 is from Honda, 1 is from Toyota, 1 is from Ford, and 1 is from Renault. That is nearly half of the models in the list are from Maruti stable and that is a commendable job. Tata Motors very well knew that challenging Maruti & Hyundai and displacing them from their positions is a tough ask and that is why Tata Motors is aiming at third position in the sales chart and left the first two positions to Maruti and Hyundai respectively.

Source: AutoPunditz

January 2018 PV sales in India

Maruti Suzuki India Limited

Maruti Suzuki’s passenger vehicle sales in January 2018 stood at 1,39,189 units which is 4.1% increase when compared to January 2017 sales. Though the overall sales grew by around 4% , segment wise sales tell a different story. Maruti categorized its cars into six categories, namely Mini, Compact, Super Compact, Mid-Size, Utility Vehicles, & Vans. The segments that were hit the most are Mid-Size, Vans, & Mini respectively.

Mid-Size segment comprising Ciaz declined by 22.5% and this can be due to competition from the newly released Hyundai Verna. Vans segment comprises of Omni, and Eeco , their combined sales declined by 13.6% from 14,179 units in 2017 January to 12,250 units in this January.  The other segment which moved southwards is Mini segment which comprises of Alto and WagonR, combined sales of both the models declined by 12.2% from 37,928 units to 33,316 units. UV segment which comprises of Gypsy, S-Cross, Ertiga, & Vitara Brezza grew by 26.8% from 16,313 units to 20,693 units. The segment is bound to grow further and the major growth driver for Maruti in this segment is Vitara Brezza. With introduction of petrol variant of Vitara Brezza on cards, its sales will grow further. Looks like facelift didn’t help Maruti boost S-Cross sales as expected.

The compact segment which comprises of Ignis, Swift, Celerio, Dzire, Tour S, & Baleno is the major contributor to Maruti’s sales. The segment grew by 21.6% from 55,817 units from 67,868 units. Sales figures of individual models are not out yet for further analysis.

Hyundai Motor India Limited

Hyundai Motor India limited (HMIL) is India’s second largest passenger vehicle maker behind MSIL, its sales this January stood at 45,508 units which is 8.3% increase over January 2017. The major contributors to its sales were Elite i20, Grand i10, & Creta. And other  model recently adding to the sales is Verna, though it is not known if it will continue to sell well or decline after the initial hype.

Commenting on the sales performance, Mr. Rakesh Srivastava, Director – Sales & Marketing, HMIL, said “ 2018 has started on a positive and promises progressive growth for the industry, with Hyundai volume growth of 8.3% on strong performance of Grand i10, Elite i20, Creta & Next Gen Verna meeting customer aspirations on improved buying potential, led by stable micro economic factors.”

Mahindra & Mahindra Limited

Though at times third place in sales is occupied by either Honda or Tata most of the times it is Mahindra which stands at third place. This January its sales of passenger vehicles stood at 23,686 units which is 17% increase over January 2017 sales of 20,169 units.

Commenting on the monthly performance, Rajan Wadhera, President, Automotive Sector, M&M Ltd. said, “We are happy to have begun the calendar year with an overall healthy growth of 32%(including passenger & commercial vehicles, and domestic & export). We have seen a good growth across our portfolio of products both Personal & Commercial. The growth in the MHCV segment lends credence to the positive momentum in the economy, which can be seen even in the growth numbers of our SCV portfolio. We believe this momentum will continue in our Q4FY2018 numbers. The upcoming Auto Expo will allow Mahindra to display a slew of exciting products and mobility solutions in keeping with automotive trends such as Shared Mobility and Last Mile Connectivity”.

Tata Motors Limited

Tata Motors clocked domestic PV sales of 20,055 units (January 2017: 12,907), surging ahead at a significant 55% growth rate. What boosted the company’s sales is the good demand for the recently introduced Nexon compact crossover, launched in September 2017, which has emerged in the voluminous sub-10 lakh rupee UV price segment. Driven primarily by the Nexon, Tata’s UV sales grew by a tremendous 188% , and the sales of its passenger cars, driven by the Tiago hatchback, registered a 27% growth in the month.

With an aim to become a permanent placeholder in the Top 3 players in the country, the homegrown manufacturer is all set to showcase its new range of products – one in the premium hatchback category, codenamed the X451, a new sedan, and a new full-size SUV based on the Land Rover Discovery, as well. The new products target to broaden Tata’s footprint across various vehicle segments in the market in the near future.

According to Mayank Pareek, President, Passenger Vehicles Business Unit, Tata Motors, “We are happy to report that our strong sales performance continues in January 2018 and we have started 2018 with determination. This month, we have grown by 55% over last January, on the back of good demand for our new generation products – Tiago, Tigor, Nexon and Hexa.  While Tiago continues to lead the growth in cars at 27%, the Nexon and HEXA have attracted new set of SUV buyers, resulting in 188% growth in UVs. We continue to be optimistic and hope this growth momentum continues.”

Toyota Kirloskar Motor Pvt Ltd

Toyota Kirloskar Motor recorded robust sales growth in January 2018, selling 12,351 units which marks 19% year-on-year growth (January 2016: 10,336). The company also exported 888 units of the Etios series last month, thus clocking a total of 13,239 units.

Commenting on the sales performance, N Raja, Deputy Managing Director, Toyota Kirloskar Motor, said, “It is a delight to usher in the new year with double-digit growth. We are happy to have sustained the positive growth momentum post GST.  The customer demand has consistently been strong and we have catered to the growing customer demand.”

The success story of Innova Crysta and Fortuner sales growth continues to the new year. Customers continue to highly appreciate both the products and we are pushing our production capacity to fulfill the strong demand in the market. The Corolla retains its position as the segment leader with overwhelming performance in the month of January.”

“We are looking forward to the upcoming Auto Expo 2018 to showcase our premium new launch, facelifts and concepts with a show-stopping reveal and many more distinctive displays under the thematic banner of ‘Driven by a Better Future’,” he added.

“We hope the Union Budget 2018 brings in more growth-oriented measures to promote growth of the auto industry. The government should aim at a more long-term policy so as to lower the effect of Budget tinkering and bring long-term stability.  Considering the critical issue of environment pollution, we hope the government relaxes the tax rate in favour of clean and green technologies such as strong hybrids similar to the pre-GST era”.

With the Auto Expo getting started next week, the entire industry and the customers are excited and anxious about the slew of new products and technologies, which would be unveiled at the extravaganza. The product showcase and some new launches planned at the expo can certainly be expected to make some noise and drive people decisions in the months to follow. Stay tuned for more action in this space.

Honda Cars India Limited

Honda Cars India has sold 14,838 units in January 2018, down 5% (January 2017: 15,592). Between April 2017 to January 2018, the company has sold 144,802 units, up 17% against 124,114 units in the corresponding period last year.

In January 2018, the WR-V led the charge with 4,273, followed by the City (3,968), Amaze (2,836), Jazz (2,257), BR-V (1,071), Brio (422) and CR-V (11).

Yoichiro Ueno, president and CEO, Honda Cars India, said, “HCIL has witnessed strong growth of 17% in the ongoing fiscal year and we expect the market to further pick up after the anticipations regarding Union Budget are stabilized. HCIL will showcase our strong line-up for the next fiscal at the upcoming Auto Expo which will further strengthen our position in the Indian market.”

“With a major push given to the rural economy and significant investment in the infrastructure development under the Union Budget 2018, the outlook for automotive sector looks optimistic. This should further boost the sales volume marking a fruitful year for the manufacturers.”

Source: Autocar Professional