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

Advertisements

Maruti Suzuki India April 2017 Sales Report

maruti-suzuki-new-logo

New Delhi, May 1, 2017: Maruti Suzuki India Limited, leader in passenger vehicles, sold a total of 151,215 units in April 2017. This includes 144,492 units in domestic market and 6,723 units of exports. The Company had sold a total of 126,569 units in April 2016.

The sales figures for April 2017 are given below:

Maruti Suzuki India April 2017 Sales
Dzire and Dzire Tour are included in same segment only, * Previously Dzire Tour was reported in separate segment

Maruti Suzuki India’s passenger vehicle sales(domestic) grew by 23.1% from 1,17,045 units in April 2016 to 1,44,081 units in April 2017. Export declined by 29.4% from 9,524 units in last April to 6,723 units in this April.

Sales in compact segment which includes Swift, Dzire, Dzire Tour, Celerio, Ignis, and Baleno grew the most by 39.1%.

Ciaz sales grew by 23.1% from 5702 units to 7024 units.

And the other segment which grew maximum is utility vehicle segment which includes Gypsy, Ertiga, S-Cross, and Vitara Brezza, the segment grew by 28.6%.

Vans segment which includes Omni and Eeco declined b y 4.0%. Vans segment is the only one in the entire Maruti’s portfolio to decline.

Sales of Maruti Suzuki’s light commercial vehicle Super Carry in April 2017 stood at 411 units.

Overall April 2017 sales grew by 19.5% from 1,26,569 units in April 2016 to 1,51,215 units in April 2017.

Source Link.

Maruti’s answer to Renault’s Kwid; To debut at 2018 Auto Expo

maruti_suzuki_crosshiker_alto_k10_renault_kwid
The new cross-hatch will replace the Alto K10. Suzuki Crosshiker concept. *Image used for representative purpose only

The Renault Kwid has made one of the biggest splashes in the Indian automotive scenario in recent times. This entry-level hatchback has captured many a customer’s fancy and wallet with its SUV-inspired styling and accessible pricing, thus becoming a regular on the India’s top ten bestselling vehicles list. In the process, it has attained a large chunk of market share among the entry-level hatchbacks. The sales numbers speak for themselves, with the Kwid selling an average of 8,812 units per month over the 2016 calendar year.

The Kwid has also eaten into the volumes of market leader Maruti Alto which has seen a sales decline from 20,658 units in September 2015 to 17,351 units in December 2016. This seems to be enough impetus for Maruti Suzuki to sit up and take notice; it has begun work on an all-new hatchback which is likely to hit showrooms sometime sometime next year. This new hatchback will be an all-new model and will not be a direct replacement for the Alto, as reported elsewhere.

This new cross-hatch will be aimed directly at the Renault Kwid. However, details at the moment are scarce, but it would be safe to predict a higher ground clearance along with an upright SUV-like styling. There is also no news of what’s going to be under the hood of this new model. We expect the familiar range of Maruti engines that include the 800cc and 1.0-litre petrol on duty.

Expect Maruti to unveil this new model at the Auto Expo 2018 sometime early next year.


This article is originally published by AutocarIndia. Image source: AutocarIndia.

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.

 

Maruti Suzuki December 2016 sales figures

New Delhi, January 1, 2017: Maruti Suzuki India Limited, leader in passenger vehicles, sold a total of 117,908 units in December 2016. This includes 106,414 units in domestic market and 11,494 units of exports. The Company had sold a total of 119,149 units in December 2015.maruti-suzuki-new-logo

maruti-suzuki-sales-december-2016-india

The A-Mini segment which comprises of Alto and WagonR sold 31,527 units in December-2016 against 37,234 in December-2015, which is 15.3% lesser than the previous year. This reduced sales of Alto and WagonR can be attributed to stiff competition from Renault’s Kwid and Tata’s Tiago respectively.

A-Compact segment which comprises of Swift, Ritz, Celerio, Baleno and Dzire also saw a decline of 8.6% which can be due to Swift’s & Dzire’s production adjustments to accommodate Baleno’s demand, discontinuation of Ritz and competition to Celerio from Tiago. The segment total sales in December this year is 43,295 units against 47,354 units in December 2015.

Sales of Dzire-Tour which is sold only to the taxi market declined by 29.2%. This year sales numbers are 2,559 units against 3,614 units in December 2015. Sales of Swift, Dzire & Dzire-Tour are bound to fall marginally, as the company is prepping up to launch new generation Swift and Dzire potential buyers will wait for the new generation models to arrive.

But the A segment mid size which comprises of Ciaz sold well. With sales of 3711 units in December 2016 compared to 2841 units in December 2015, this segment sales grew by 30.6%.

Totally Maruti Suzuki’s A-Segment sales declined 10.9% compared to December 2015 figures. Maruti sold a total of 81,092 units in December this years against 91,043 in December 2015.

B segment utility vehicles which comprises of Gypsy, Ertiga, S-Cross and Vitara Brezza grew by 75.3% which is mainly due to the contribution of Vitara Brezza. The segment total sales is 16,072 units in December 2016 against 9,168 units in December 2015

Maruti Suzuki India’s C segment which comprises of Omni and Eeco declined by 17.1%, the segment sales in December 2016 is 9,224 units against 11,122 units in the last year same period.

Total domestic sales of passenger vehicles in December 2016 is 1,06,388 units against 1,11,333 units in December 2015. That is a decline of 4.4% compared to the same period last year. 

Maruti’s first light commercial vehicle in India, Super Carry sales stood at 26 units in December 2016. And the total sales to date is 294 units since its launch.

And Maruti Suzuki India’s exports sales grew by 47.1% . The total exports in December 2016 is 11,494 units against 7,816 units.

Total sales i.e., including exports & imports in December 2016 is 1,10,798 units which is 1% less than 119149 units in December 2015 sales.

 

Renault to rival Vitara Brezza with its Kwid based compact SUV; Ertiga & Dzire rivals in pipeline too

Seems like Renault is planning to become a serious competitor to Maruti Suzuki India, first they challenged Maruti with Kwid in the entry segment and are doing well. Though they didn’t yet overtake the Alto sales, they are seeing a steady increase in sales. Now they are prepping up to launch a sub compact SUV to challenge Vitara Brezza.

As per reports on various websites the SUV will arrive the market early 2018 and it is tentative as the company may rejig its product strategy at any time depending on market dynamics.

cmf-en1
Image Source: renault.com

The SUV willl draw its design cues from Kwid and will be based on CMF-A+ (which is nothing but CMF-A platform adopted to accommodate bigger body styles and engines). The SUV is internally codenamed HBC. Rest of the details are scarce.

Renault is also working on to bring vehicles to challenge Ertiga and Dzire which are codenamed RBC and LBC respectively.


Related reading:

Carlos Ghosn confirms Renault Kwid platform-based crossover and sedan.

Renault-Nissan CMF-A Based Sedan Under Development

Toyota and Suzuki are looking for partnership possibilities; To share R&D expenditure on future technologies

2016-10-12t104532z_1_lynxnpec9b0my_rtroptp_3_toyota-suzuki-motor_original
Toyota Motor Corporation President Akio Toyoda(L) and Suzuki Motor Corporation Chairman & CEO Osamu Suzuki(R) at joint news conference in Tokyo Japan on October 12, 2016.

Japan’s Toyota Motor Corp and Suzuki Motor Corp said they plan to explore a possible partnership, citing technological challenges and the need to keep up with consolidation in the global auto industry.

Toyota invests heavily in R&D for automated driving functions and artificial intelligence for mobility purposes while cost-conscious Suzuki, which specializes in affordable compact cars, has yet to announce major strategic plans on how to compete in new automotive technologies.

Both companies said that they had just begun discussing possible cooperation so nothing was decided about areas in which they might collaborate.

However Suzuki chairman Osamu Suzuki said his firm was struggling to keep pace with the breakneck speed of R&D, telling a news conference “R&D in the auto industry is changing rapidly. The future looks perilous.”

A partnership between Toyota and Suzuki would be the latest in an increasingly consolidating auto industry. Nissan Motor Co. in May announced it was planning to take a controlling stake in embattled Mitsubishi Motors Corp.

A partnership Suzuki had with Germany’s Volkswagen ended on a sour note last year, after the German carmaker accused it of violating their pact by agreeing a diesel engine deal with Italy’s Fiat.

Toyota completed a buyout of Daihatsu Motors earlier this year. The world’s largest automaker by vehicle sales in 2015 said last week it will set up a company with Daihatsu to focus on emerging markets.


Related reading:

Daihatsu and 4 other global car brands expected in India in the next 4 years


Suzuki, Japan’s fourth-largest automaker, competes fiercely with Daihatsu in the domestic market and dominates the Indian market through its majority stake in Maruti Suzuki India Ltd. Both firms concentrate on smaller vehicles.

Toyota and Suzuki said there was need for increased industry cooperation to keep pace with rapid changes in the global auto industry, where automakers and technology companies are competing to develop self-driving cars and new mobility services.

“The technology race in the auto industry has been escalating at a pace we’ve never seen before,” Toyota President Akio Toyoda told reporters.

“In a situation like this, there are limits to what any one company can do on their own … partnerships are becoming increasingly important.”

The companies said they would continue to compete and would be open to collaborating with other companies.

CLSA analyst Christopher Richter said that Suzuki could benefit from gaining access to Toyota technology.

But citing Suzuki’s past experience with Volkswagen, he added that he saw the possibility that the firm, headed by the outspoken 86-year-old Suzuki, one of the longest-serving executives in the global auto industry, may be unlikely to heel to a much bigger partner.

“VW was very much a manager which liked to be in control, and so is Toyota. Meanwhile, Suzuki wants to march to its own step.”

“Suzuki is very protective of its independence.”

He added that a difference in corporate culture at Toyota, which has long had resources to spend on new technologies, and Suzuki, whose success has been driven by its knack for cost cutting, may pose challenges to a partnership.

Source: Reuters