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Old 1st August 2013, 13:20   #121
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Default Re: June 2013 : Indian Car Sales Figures & Analysis

M&M registers -declined 21% in July 2013 over July 2012.


Mahindra & Mahindra Ltd. (M&M Ltd.), India’s leading SUV manufacturer, today announced its auto sales numbers for July 2013 which stood at 37,096 units as against 47,059 units during July 2012.

http://www.mahindra.com/News/Press-Releases/1375340550

Last edited by volkman10 : 1st August 2013 at 13:27.
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Old 1st August 2013, 13:38   #122
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Default Re: June 2013 : Indian Car Sales Figures & Analysis

Bad month for Mahindra it seems. Their passenger car/SUV sales down to 15K levels. Eager to see TML figure. Is it falling further?
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Old 1st August 2013, 13:47   #123
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Default Re: June 2013 : Indian Car Sales Figures & Analysis

Hormazd Sorabjee just tweeted: Ford sells 12338 Ecosports in July! Includes both domestic and export.
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Old 1st August 2013, 14:08   #124
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What is the love with year on year figures, isn't month on month more relevant. Aren't variables more on yearly basis then a monthly basis. For eg. take the ecosport for example, last year it did not exist so all year on year sales will be positive but say it sold 100 units in month 1 and 120 units in month 2 a 20% increase and 80 units in month 3 a -33.3% decrease. Wouldn't as a company I would be more concerned with monthly figures then.

Can someone explain
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Old 1st August 2013, 14:33   #125
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Default Re: June 2013 : Indian Car Sales Figures & Analysis

Tata Motors July sales, the sales have declined by 1000 units when compared to the previous month.
http://www.tatamotors.com/media/pres...ses.php?id=872

"Passenger Vehicles
Sales of passenger vehicles for July 2013 were at 10,824 nos. Sales of the Nano/ Indica/ Indigo range in July 2013 were 8,546 nos. The Sumo/ Safari/ Aria/ Venture range sales were 2,278 nos.

Cumulative sales of passenger vehicles were 45,332 nos. Cumulative sales of the Nano/ Indica/ Indigo range were at 36,019 nos. Cumulative sales of the Sumo/Safari/ Aria/ Venture range were 9,313 nos."
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Old 1st August 2013, 14:33   #126
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Default Re: June 2013 : Indian Car Sales Figures & Analysis

Quote:
Originally Posted by eq24 View Post
What is the love with year on year figures, isn't month on month more relevant.
Can someone explain
First of all, I want to start off with a disclaimer, this is my personal opinion and I dont think there are any rules barring month on month analysis.

1. Usually planning for the functions ( Sales, Inventory, Operations,..)in a company follow the AOP ( Annual Operating Plan) method, which by definition is an Annual plan.

2. Sales Targets are set during this process of AOP and are based on the sales figure of a previous year with a growth target and further distilled through the Company -> SBG -> LOB -> Product Line -> Product group -> Product hierarchy.

3. Further , the AOP is then broken into Quarterly targets and eventually monthly targets

4. Bear in mind , there are cyclical businesses ( which implies that there will be troughs and crests in the business cycles dictated by numerous factors such as monsoon, festive season, tax filing etc etc)

4. So, when management assess the performance of a product , the usual practice is review the performance of sales over the same period year on year

5. This will be sensible because you are now comparing oranges to oranges in term of negating seasonal biases as well as reviewing the performance against the set growth target.

Hope you get the gist, there is nothing that bars anyone to review month on month for the same year. It all depends on the company's sales review policies and the business they are in.
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Old 1st August 2013, 14:38   #127
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Default Re: June 2013 : Indian Car Sales Figures & Analysis

Quote:
Originally Posted by pnredkar View Post
Hormazd Sorabjee just tweeted: Ford sells 12338 Ecosports in July! Includes both domestic and export.
His tweet doesn't mention ecosport at all. I think it's the sum of all cars sold.
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Old 1st August 2013, 14:44   #128
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Quote:
Originally Posted by pnredkar View Post
Hormazd Sorabjee just tweeted: Ford sells 12338 Ecosports in July! Includes both domestic and export.
Thats huge nos.
Do they have this big capacity?

I guess they had manufactured good nos even before launch which are being shipped now.

Great going Ford.
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Old 1st August 2013, 14:48   #129
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Quote:
Originally Posted by carboy View Post
His tweet doesn't mention ecosport at all. I think it's the sum of all cars sold.
First tweet explicitly mentioned "Ecosport". He later corrected it to "total sales". So, 12334 is total Ford sales. I wonder what is the share of Ecosport.
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Old 1st August 2013, 14:48   #130
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Default Re: June 2013 : Indian Car Sales Figures & Analysis

Renault India sold a total of 3,763 units in July, with Duster accounting for 3,089 units, the Scala371 units, Pulse 292 units, Fluence 10 units and Koleos 1 unit.

http://www.business-standard.com/art...0100595_1.html

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Old 1st August 2013, 14:56   #131
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Duster ia steadily losing the numbers now. I wonder if they have any other car in pipeline to cover up
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Old 1st August 2013, 14:59   #132
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Default Re: June 2013 : Indian Car Sales Figures & Analysis

Quote:
Originally Posted by eq24 View Post
What is the love with year on year figures, isn't month on month more relevant. Aren't variables more on yearly basis then a monthly basis. For eg. take the ecosport for example, last year it did not exist so all year on year sales will be positive but say it sold 100 units in month 1 and 120 units in month 2 a 20% increase and 80 units in month 3 a -33.3% decrease. Wouldn't as a company I would be more concerned with monthly figures then.

Can someone explain
This is because of buying patterns - festive season, year end, financial year ending, etc. All these reasons are important factors when people buy cars and hence it would be incorrect to compare month on month.

For eg, April sales will always be less than March of every year and December will always be lower than November. Thus it makes sense to compare it to the same time the previous year. In case of new models you do get the low base effect which make for great headlines - Case in point is Renault sales after the Duster launch.

Last edited by fiat_tarun : 1st August 2013 at 15:01.
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Old 1st August 2013, 15:24   #133
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Default Re: June 2013 : Indian Car Sales Figures & Analysis

Quote:
Originally Posted by volkman10 View Post
Renault India sold a total of 3,763 units in July, with Duster accounting for 3,089 units, the Scala371 units, Pulse 292 units, Fluence 10 units and Koleos 1 unit.

http://www.business-standard.com/art...0100595_1.html
50% drop from previous month for duster (june fig as per page 1 is 4523). Is the starting of the decline phase of duster hype cycle? . It seems XUV is reaching its bottom.
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Old 1st August 2013, 15:35   #134
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TKM reported 10 per cent decline in its total sales at 14,470 units in July, 2013.


http://economictimes.indiatimes.com/...w/21528623.cms

Quote:
Originally Posted by ambadan View Post
50% drop from previous month for duster (june fig as per page 1 is 4523). Is the starting of the decline phase of duster hype cycle?
Duster's volume reduction reflect more on the market conditions, though a bit could be due to the 'hyped' launch of the Ecosport.
Interesting to see if the Ecosport could sustain the initial reported numbers and also should see how it is cannibalising the Figo numbers!

Cheers!

Last edited by Rehaan : 2nd August 2013 at 01:30. Reason: Merging posts.
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Old 1st August 2013, 15:41   #135
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Default Re: June 2013 : Indian Car Sales Figures & Analysis

An article in NDTV mentions that Ford has sold 7867 units in India and 4471 units for export in July. No breakup of the sales was mentioned. June sales was 7145 and so the sales is up only marginally.

Last edited by thesilentone : 1st August 2013 at 15:44. Reason: added to the post
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