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

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August 2016 Car Sales: Model wise sales figures

Indian automobile market is one of the most difficult markets for automakers to understand. Due to its diversity, whole country cannot be treated as a single entity. Consumer preferences change from state to state. Only few parameters can be commonized for the  whole country. Owing to these difficulties, car companies at times fail to sell some really good vehicles. Presently the whole country is crazy about SUVs. Kwid is a big success for Renault, its success can be attributed to its SUV like design. Few good but overpriced cars such as Innova Crysta and Hyundai Creta are selling like hot cakes and on the other hand some good cars like S-Cross though priced perfectly(after price correction by Maruti) are finding no takers.

Maruti, despite a decline in sales of its top selling cars Alto(-9%), Dzire(-16%), Swift(-23%) and Wagon-R(-1%) remained market leader. All these four models are aging and need an upgrade. Maruti already started developing new generation Swift based on Baleno platform and recently disclosed its plans to upgrade Alto. Baleno and Brezza are performing quite well and helped the company to maintain its market share. Ritz on the other hand showed an improvement of 158% compared to the same month last year. S-Cross though a good vehicle is not finding many takers, its sales are less than what it deserves.

11 cars from Maruti’s stable are among the top 20 selling cars of India! First 4 postions belong to Maruti only and 8,9,12,13,14,15 & 17 positions also belong to Maruti.  Car sales august 2016 Maruti

Hyundai’s top trio i10 Grand, i20 Elite and Creta together contributed  to 75% of the company’s sales. And the next three in ranking Eon, Xcent and i10 together contributed to 22% of the sales. The only under performers in the portfolio are Verna, Elentra and Santa-Fe. With the introduction of new generation Verna, its sales are expected to grow. Hyundai is planning to expand its portfolio to bridge the gap between Creta and Santa-Fe by introducing Tucson.

Hyundai with 4 cars is next to Maruti in the top 20 list. The company’s top four cars are i10 Grand, i20 Elite, Creta and Xcent.  Car sales august 2016 Hyundai

As always with Mahindra, Bolero is  its top seller. Bolero, Scorpio, KUV-100, TUV-300 and XUV-500 sales constitute 93% of total sales! KUV-100 despite its toyish looks is selling well. Selling Quanto even after the introduction of NuvoSport looks like an inventory clearance exercise. Rexton’s poor performance discouraged the company from introducing new SsangYong models.

Bolero(position 18) is the only car from Mahindra in top 20 list.
Car sales august 2016 Mahindra

All the bread and butter models of Honda saw less takers this month compared to last year. Amaze(-24%), Jazz(-29%) and City(-21%) are the company’s top sellers. BR-V is eating into Mobilio(-68%) sales. All new Brio is coming up with refreshed interiors.

This time there is no single car from Honda in top 20 list. 
Car sales august 2016 Honda

Tata is having good products in its basket, but not selling well due to brand perception issues. Tiago is Tata’s present bestseller, is all set to upturn the company’s fortunes & perception. Tiago is all that is needing for Tata at the moment. Styling proved to be one of the downplayer for the company and the other being after-sales-service. Bolt(-35%) and Zest(5%) are good products but failed to find takers. Tiago is eating into Nano(-68%) sales. Come on Tata ramp up your production to meet Tiago’s demand.

Tata’s new kid on the block Tiago is ranked 19 in the top 20 list.
Car sales august 2016 Tata

Owing to the success of Kwid, Renault climbed to top 5 position in Indian car sales. But depending on single model is not good for the company, the company should expand its portfolio before it loses its momentum. Duster sales improved by 50% and there is nothing much to talk about the rest of the pack.

Kwid is 7th top selling car in the top 20 list.Car sales august 2016 Renault

Innova Crysta(59%) with 8229 takers is the company’s top seller and next best sellers are Etios & Liva. Toyota had to immediately bring in the all new Fortuner(-57%) to put a hold to its sales decline.

Innova Crysta is ranked 11 in the best selling cars of India list.Car sales august 2016 Toyota

Ecosport(67%) and Endeavour are the the top sellers for Ford. Mustang found 20 takers which is not bad for its segment. Figo and Aspire(-75%) are not performing as per the company’s expectations.

Ford Ecosport is also featured in the top 20 list.Car sales august 2016 Ford

81% of Nissan’s sales is from Datsun’s portfolio and 19% is from Nissan’s portfolio. New kid on the block Redi-GO is the company’s top seller. Car sales august 2016 Nissan

Volkswagen’s sub 4 meter sedan Ameo is the company’s top seller. Polo(-61%), Vento(-36%), and Jetta(-4%) sales declined. But the total sales improved by 6%.Car sales august 2016 Volkswagen

All the models of Chevrolet saw a decline in sales except the Cruze which improved by 123%. Chevrolet should consider refreshing its entire range in India to improve its sales. Total sales of the company declined by 20%Car sales august 2016 Chevrolet

Skoda’s top seller is Rapid(-19%). Superb is doing better than its competitor Toyota Camry. Superb’s sales were 3 times that of Camry. Octavia with a sales figure of 225 saw a marginal increase of 4%.Car sales august 2016 Skoda

All the models of Fiat are underperforming . Come on Fiat do something to improve sales in India, you got some wonderful cars at hand. Just don’t be satisfied by selling engines!Car sales august 2016 Fiat

Top 20 selling cars in August 2016

India Top Selling Cars Agust 2016

Source: AutoPunditz

Innova Crysta’s success despite the high price spurred other automakers to bring in premium MPVs; Renault India patented for an unknown MPV

So far Innova remained undisputed leader of MPV segment. Renault’s Lodgy with its mediocre sales failed to impress the MPV buyers of India and it gave no competition to Innova.

India’s homegrown automakers Tata and Mahindra are working on to bring premium MPVs to challenge Toyota. Tata is gearing up to launch its Hexa by this festive season. Whereas Mahindra’s product is still under wraps and less is known about it, except for few heavily camouflaged appearances on Chennai roads.


Mahindra’s Innova Crysta rival spied on test near Chennai

Mahindra to challenge Innova Crysta with it’s upcoming MPV


Once launched, offerings of both Tata and Mahindra will be positioned as top of the line products and will rival Innova Crysta.

However, the more interesting development is, according to a report by News Dog Renault India patented for a premium MPV. Less is known about what can be the possible contender for Indian launch from its global portfolio. It can be possibly 7 seater Captur or Espace.

mymotorwheels_Renault_Espace_India
Renault Espace. Image shown for illustrative purpose only. Image source: Wikipedia

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When going gets tough, the tough get going. We have to wait and see who among these will stand out as “the tough”. 

 

Mahindra to challenge Innova Crysta with it’s upcoming MPV

The MPV is expected to be positioned above the XUV500. The post Upcoming Mahindra MPV spied; to rival Toyota Innova Crysta appeared first on RushLane.

via Upcoming Mahindra MPV spied; to rival Toyota Innova Crysta — RushLane

Toyota gets 15,000 bookings for the Innova Crysta in 10 days — Auto-Industry-The Economic Times

The company said Mumbai customers will have to wait more than two months to get delivery. As the demand increases they will ramp up output and lower the waiting period.

via Toyota gets 15,000 bookings for the Innova Crysta in 10 days — Auto-Industry-The Economic Times