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

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Toyota Kirloskar Motor Registers a Whopping 81% Growth in the month of March 2017

  • New Fortuner sales cross 10,000 units in less than five months of its launch
  • TKM registers a 12% growth in sales in Financial Year 2016-2017 when compared to the sales in Financial Year 2015-2016

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Bangalore, March 31st 2017 – In the month of March 2017, Toyota Kirloskar Motor registered a massive 81% growth in its domestic sales when compared to its sale in March 2016. TKM sold a total of 13,796 units in the domestic market and exported 636 units of the Etios series in March 2017. The company had sold 7637 units in the domestic market and exported 1370 units of Etios series in March 2016.

With the end of this financial year, Toyota also registered a 12% growth in sales from the period April 2016 to March 2017 when compared to sales in financial year April 2015 to March 2016.This growth can be attributed to the overwhelming response the Innova Crysta has received. In just less than a year, the Crysta has sold close to 75,000 units in India. The Camry Hybrid has also been performing consistently reinforcing customer’s acceptance towards hybrid technology.

Commenting on the monthly sales, Mr. N. Raja, Director & Sr. Vice President, Sales & Marketing, Toyota Kirloskar Motor said, “We clocked a massive growthof 81% this month when compared to the domestic sales in March 2016. Both the new Fortuner & Innova Crysta have attributed to this growth. In just five months, the new Fortuner has been able to clock more than 10,300 units which further reiterates its popularity amongst our customers. We would like to thank our customers for this overwhelming response.

The Platinum Etios and the new Liva dual tone have also contributed to our monthly sales growth. The recently launched Liva dual tone has got a positive response from the market thereby increasing sales of Liva. We also launched the new Corolla Altis this month and are confident that our customers will appreciate it.

With the end of this financial year, we are happy to announce that Toyota has registered a growth of 12% when compared to the last financial year. This has been possible with the launch of our two new products, the Innova Crysta and the new Fortuner. This growth further reinforces the trust our customers have in Toyota products and we would like to thank our customers for this appreciation,” continued Mr. N. Raja.

Via Toyota India Press Release

Model wise car sales figures in India in December 2016

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Maruti Suzuki India December 2016 model-wise sales figures

Maruti Suzuki India’s overall sales in the month of December 2016 stood at 1,06,388 units which is 4% less than the previous December sales. Almost all the portfolio of Maruti except for the latest launches saw a degrowth in sales. Maruti’s entry level car Alto though is the leader of its segment is facing a tough competition from Renault’s Kwid. Alto sales this December stood at 17,351 units as against the December 2015 sales of 22,589 units. Alto’s sales since the last few months are steadily declining and its monopoly is being challenged. Sales of Dzire in December 2016 stood at 14,643 units compared to last December which stood at 16,790 units. Though Dzire is not having tough competition from other cars of its segment, its sales are taking hit due to production crunch at Maruti’s factories. Sales of Swift (14,538 units) remained same compared to the last December sales which stood at 14,548 units. With sales of 14,178 units in December 2016, WagonR saw a marginal decline of 3% compared to December 2015 sales. Even Baleno saw a sales decline of 10% and again this can be attributed to the production crunch problems of Maruti. Otherwise Baleno’s sales can easily cross the ten thousand mark. Baleno sales in December 2016 stood at 9,846 units against 10,572 units in December 2015. Vitara Brezza sales in December 2016 stood at 8,971 units which is 7.7% less than the November 2016 sales. Both Celerio and Ertiga saw a decline of 10% in Year over Year sales. The aging Omni with sales of 4,838 units is still raking in numbers for Maruti. Eeco’s sale in December 2016 stood at 4,386 units which is 12% less than the last December. Ciaz saw a raise in numbers and S-Cross saw a decline of 21%.

Maruti’s sales in India are at its peak with a market share of 46.7%, but a look at its sales chart tells an all together different story. It is the new models like a Vitara Brezza and Baleno that are helping Maruti to maintain its market share and its old portfolio started showing signs of aging. Introduction of Ignis, launch of new generation Alto, launch of new generation Swift & Dzire, strengthening of Nexa network and commencement of the new production facility at Gujarat are the few steps that Maruti is working on to maintain its market share in the year 2017.

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Hyundai India December 2016 model-wise car sales

Hyundai India sales in the month of December 2016 stood at 40,057 units against 41,861 units in December 2015 that is a 4% decline.With a market share of 17.6% Hyundai stands next to Maruti. Though the gap between 1st and 2nd positions in terms of market share is very high, Hyundai enjoys a premium image compared to Maruti. This is helping Hyundai to sell its products at a premium price with fattier margins than Maruti. For example, Creta is costlier than it should be, but despite high price Hyundai is able sell a good number of Cretas every month which the Maruti cannot do with its products. Sales of Creta in the month of December 2016 stood at 6,563 units which is a good 39% increase over December 2015 sales. Sales of i10 Grand stood at 10,519 units in December 2016 against 12,749 units in December 2015. Hyundai is prepping up to launch new i10 Grand to help maintain the sales momentum. Hyundai is also planning to phase out i10 and re-introduce new Santro in its position to counter Maruti WagonR. Newly introduced Tucson’s sales stood 424 units in December 2016. With a sales of 6,790 units December 2016, Hyundai Eon showed an increase of 3% compared to December 2015 sales(6,563 units). Hyundai Elentra sales stood at 212 units(168% YoY !).

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Mahindra & Mahindra December 2016 model-wise car sales figures

Mahindra’s overall sales in December 2016 declined by 8% YoY, the company’s sales stood at 15,716 units against 17,149 units in last December. The aging Bolero with sales of 5,928 units is the top contributor to Mahindra. Scorpio’s sales stood at 3,556 units. The next three in order of their contribution are KUV-100, TUV-300 & XUV-500. KUV-100 sales may take hit with introduction of Maruti Suzuki Ignis . TUV-300 is already facing heat from Ecosport & Vitara Brezza. XUV-500 had to face heat from the upcoming Tata Hexa. So these Mahindra’s main contributors are bound to take a massive hit due various reasons. Have to see how Mahindra will handle its situation. There isn’t much to talk about the rest of the portfolio. Rexton proved to be a failure, but Mahindra is planning to introduce another product from the SsangYong’s  portfolio to challenge Toyota Fortuner. This time under Mahindra’s brand name. It is also prepping up to launch a product to challenge Innova Crysta and the details are still scarce except for few camouflaged appearances.

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Toyota Motor’s December 2016 sales in India

Toyota India sales in the month of December 2016 stood at 12,747 units against 10,446 units in December 2015. Innova Crysta , Etios Series & Fortuner together make up 98.6% of the company’s total sales in India! Innova Crsyta itself contributed a whopping 51.4% to the total sales. And the Fortuner’s sales in the month of December 2016 stood at 1,780 units which is an increase of 174% of December 2015 sales(649 units).

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Renault India December 2016 car sales figures

Renault India sold 11,244 units in the month of December 2016 against 10,292 units in December 2015. Kwid, Duster & Lodgy are the top three contributors whose combined contribution stood at 98% of the total sales. Renault’s sales are bound to grow further as the company is prepping up to launch new products based on Kwid’s platform.

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Tata Motors India December 2016 model wise car sales figures

Tata Motors India sales in the month of December 2016 stood at 10,846 units against 8,068 units in the December 2015. Sales of Tiago stood at 4,013 units and its contribution to total sales is 37% of total sales. Looks like Tiago’s success is having a positive rub-off effect on the other products of Tata. Sales of Zest increased by 26% from 1,084 units in December 2015 to 2,279 units in December 2016. Nano is not flying off the shelves as the company expected it to happen. Guenter Butschek as the CEO of Tata Motors is bringing in an upturn in the company’s sales chart. Upcoming models sub 4 meter sedan Kite5(name not yet fixed), SUV Hexa & compact SUV Nexon are expected to further boost the company’s sales.

honda-cars-india-december-2016-sales-figures
Honda Cars India December 2016 model wise sales figures

Sales of Honda cars declined by 19% from 12,379 units December 2016 to 10,071 units in December 2015. Introduction of BR-V(1,601 units sold) didn’t help much, it cannibalized  the sales of Mobilio. Honda’s main bread winner, City is having a tough time due to Maruti Ciaz. Upcoming City’s facelift  might help the matters. There is nothing to write home about Amaze or even the rest of the pack .

ford-motors-india-december-2016-sales-figures
Ford Motor India December 2016 model-wise car sales figures

Ford India is striving hard to shed off its ‘costlier spares & service image’ and is making progress in that direction. Figo & Aspire deserve more sales but somehow they are not finding many takers. Sales of Endeavour stood at 912 units in December 2016. Ford India is sustaining on exports and in fact Ford India exported more vehicles than Hyundai India in December 2016 and stood as top exporter of the month.

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Volkswagen India December 2016 car sales figures

Looks like Ameo can be another consistent seller for Volkswagen in India apart from Polo. Volkswagen India sold 4,348 units in India in December 2016 against 2,577 units in December 2015. Though the Volkswagen India’s domestic sales are very minuscule, the company is managing to run its factory at optimal utility by making vehicles for exports.

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Nissan India & Datsun India December 2016 car sales figures

Nissan India & Datsun India’s combined sales stood at 3,715 units against 3,066 units in the same period last year. Nissan India is not exploiting its portfolio to its full potential. Sunny & Micra with few feature additions at par with their competitors and proper promotion can bring in good numbers to Nissan. Redi-GO isn’t doing as good as Kwid is doing to Renault. Redi-GO sales in the month of December 2016 stood at 1,548 units. Though the Renault Nissan Alliance can make great strides in India, Nissan as a separate entity had to prove yet.

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Chevrolet India December 2016 model-wise car sales figures

Except for the Enjoy’s upturn in sales, there is nothing to write home about Chevrolet India. Chevrolet India’s sales grew by 20% from 2,515 units in December 2015 to 3,020 units in December 2016.

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Skoda India December 2016 car sales figures
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Fiat India December 2016 car sales figures

Skoda India’s and Fiat India’s sales declined by 28% and 51% respectively. Even the luxury players Mercedes-Benz, Audi & BMW are selling well than Skoda & Fiat.


Via: AutoPunditz