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Old 24th April 2017, 22:07   #1
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Default Commercial Vehicle Sales : FY 2016-17

Quote:
- Overall volume of Commercial vehicles sales stood at 7,14,232 Nos and grew by 4.2%.
- M&HCV truck and bus volumes were flat at 3,02,529 Nos. Goods carriers contribute to more than 80% of the volume.
- M&HCV trucks had a flat sales and totalled to 2,55,267 Nos (-1.25%).
- Trucks contributed to 84% of M&HCV volumes to 255267
- Primary reasons attributed to reduced sales are demonetisation, lack of clarity in GST implementation deadline, lso in the final rounds, due to ban on BS III vehicle registration.
- Unlike LCV’s M&HCV’s were largely BSIII and even pre buying of BSIII vehicles were lower than expected.
Link : CV News

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Last edited by Ashley2 : 24th April 2017 at 22:11.
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Old 25th April 2017, 10:48   #2
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Default Re: Commercial Vehicle Sales : FY 2016-17

Read that Tata has overtaken Ashok Leyland in the bus segment.

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Tata Motors has achieved the Number One position in the domestic bus market by wresting the top spot from Ashok Leyland.

The company was able to achieve this due to strong growth in volumes across segments.

In 2016-17, Tata Motors’ bus volumes (medium and heavy segment) grew by 22 per cent at 18,198 units when compared with 14,917 units in the previous fiscal. Ashok Leyland’s bus sales reported a decline of 10 per cent at 17,725 units against 19,586 units.

During FY-17, the domestic bus market (medium and heavy) grew by eight per cent at 47,262 units. Both Tata and AL dominate the domestic market with a combined market share of about 76 per cent.
Source & Full Article
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Old 25th April 2017, 14:58   #3
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Default Re: Commercial Vehicle Sales : FY 2016-17

The article by BL is completely one sided. They have clearly masked the actuals.
As you could see the detailed review, Tata is the only company to post negative sales last year. Overall its Leyland who posted increase in Market share as against Tata.
Quote:
Addressing a media question on drop in heavy bus sales especially in STU business, Mr.Vinod Dasari, Managing Director and CEO, was clear “We are exiting few of the STU’s especially when we are not profitable and the growth we expect from them is not sustainable. Working with some of STU’s are tough and the payment cycle is pretty bad”.
Source & Link

Last edited by Ashley2 : 25th April 2017 at 15:02.
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Old 26th April 2017, 13:36   #4
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Default Re: Commercial Vehicle Sales : FY 2016-17

Quote:
Originally Posted by GTO View Post
Read that Tata has overtaken Ashok Leyland in the bus segment.
This would probably explain the fall in market share:
Quote:
In 90 percent of the places, we have either defended or gained.A few areas where we actually lost, one was the state transport undertaking (STU), the city buses inside the city where we have deal with state governments, we have actually backed off from that because they are not profitable and it is difficult to do business with the state governments, so we have backed off from that. Purposefully lost business. So our market share in bus has come down, but it was by design. Very low margin business, painful to do business, so we have actually dropped.


... I have decided to choose which STUs I will compete in and which STUs I will not.
... We have literally blacklisted a few STUs we will not do business with because it is unethical and I do not want to say that publicly, but we have chosen to bring our market share down.
Source: Money Control

Last edited by silversteed : 26th April 2017 at 13:37.
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