Indian Car Sales Figures and Analysis

[vasudeva]

Originally Posted by RADHIKADAS

Can i get car wise figures too.

WYSIWYG. No more is available.

[RADHIKADAS]

ET Auto 3rd April '08

The recent budget bonanza of 4% cut in excise duty for passenger car & two wheelers has boosted sales as companies passed on the benefits to customers
WHILE the sector is not insulated from the rising fuel prices and is hugely impacted by the high interest rates regime, the automobile industry has got the much needed boost from the excise benefits, which led to price reduction ranging from Rs 2,000 in two wheelers to Rs 26,000 for passenger cars.
After the budget all car companies have reported high sales in March. Korean major, Hyundai Motor India Ltd (HMIL), posted its highest ever in-crease of 52.3% since its inception and sold 29,401 units in March against 19,300 units last year. Exports grew 97% to 17,600 units in March against 8,939 units last year. The company posted an overall growth of 66.4% in March with a total of 47,001 units.
HMIL managing director and CEO H M Lheem said, "The high sales have come on the back of good demand for our small cars. The newly launched i10 hatchback is one of the most popular compact car. Also with the commissioning of our new plant at Chennai we are now in a position to meet the growing demand for the domestic as well as our overseas customers."
[/SIZE]
[SIZE=3]The passenger car market leader Maruti Suzuki India Ltd. (MSI), despite its huge sales last year managed to cross the 60,000 mark this year also on the back of excise duty benefits it passed on to customers and sold 64, 421 cars in March . It was the higher gainer from the excise reduction as its the largest manufacturer of small cars in India.
Its range - Alto WagonR, Zen Estilo and Swift - all enjoyed the benefits of excise cuts and all these cars command a size able market share. Infant Alto managed to strengthened its position as India's top selling, clocking volumes of 2,27,173 units during the FY' 08. This is the second consecutive year in which Alto sales crossed the 2 lakh mark. Its mid-size car segment with SX4 and Swift DZire, which was launched last week, grew a whopping 212% to 7,536 units in March from 2,414 units of same period last year. The company sold 5,658 units of DZire in March.
It annual sales annual sales grew 13.3% to 7,64,842 units in 2007-08 as against 6,74,924 units in the previous year. Of these the domestic sales grew by 12% to 7,11,818 units against 6,35,629 units last year, while ex-ports jumped 34.9% to 53,024 units as compared to 39,295 units in the previous year.

Tata Motors created ripples in the market with Nano, its Rs 1 lakh car which is likely to hit the market in October this year. The car is expected to turn the tides in favour of Tata Motors, which is facing declining salesdue to ageing range of cars. Despite the company had dropped prices of all its major models, its posted a 4% decline in sales to 24,737 units in March against 25,760 last year.
The major dip came from its flagship hatchback model Indica, which declined 14.7% to 13,042 units, while the Indigo sedan family increased 18% to 5,135. Utility vehicles — Safari and Sumo —sales in-creased 7.4% to 6,560 units in March this year. And exports declined by 8.5% to 5,765 units this year against 6,299 units last year. On the annual basis too its cumulative passenger vehicles sales declined 5% to 2,14,758 units against previous year's 2,26,893 units.

Utility major, Mahindra and Mahindra's (M&M) may have been edged out of the Jaguar and Land Rover race, by the homegrown rival 3,068 units its Logan, sedan in the domestic market. It exports increased more than 100% to 1,554 units in March against 754 units last year. It total sales for the fiscal increased 29.8 % to 2,31,355 units against 1,78,201 units last year.

After struggle of many year, the largest car maker in the world, General Motors India has hit the jackpot in the domestic market. The company posted the highest-ever monthly sales increase in its decade long operations of 51 % to 6,836 units in March against 4,542 units last year. Its small car [Spark was the highest seller with 2,397 units in March, followed by 1,820 units of the Tavera, 1,589 units of the Aveo sedan and 710 units of the Optra mid-size car. The company also sold 320 units of the Captiva SUV. Its annual sales increased by 71% to 66, 543 units in FY' 08 against 38, 857 units sold last year.

The Japanese automobile major and premium car maker Honda Siel Cars India (HSCI), despite no new launch in the past six month and not having a single car model benefits from the budget proposals posted a healthy growth of 5% to 8,895 units in March from 8,487 units last year. This is HSCI's one of the highest ever sales so far. The cumulative annual sales too increased 2.4% to 62,802 units against 61,325 units sold in April-March period last year.
The company will soon launch an array of models including country's first hybrid car technology in its popular sedan Civic and launch the eighth generation Honda Accord in next few months. It also plans to enter the volume generating small car segment and will the launch of its globally successful small car Fit/Jazz in India next year.
Its Japanese arch-rival Toyota, which has a joint venture in India Toyota Kirloskar Motor (TKM) with manufacturing operations in Bangalore posted 15% increase to 6,215 units of Innova in March against 5,411 in the same month last year. These Innova sales remain the highest since its launch in 2005.

Analyst believe that the market dynamics is going to change in the next 12 to 18 months as demand remained stable and interest rate may slightly head northwards. "The fundamentals of the automobile market is strong. We are heading for some exciting time as more international and global players are expected to hit the market and we shall have better technology and products for the customers'," said a Mumbai based automobile analyst.

[vasudeva]

One month of 0 Accord sales and production is costing Honda approx Rs. 50-60 crore in sales.

[RADHIKADAS]

Elantra sold 1 unit in January '08 & 0 unit in February '08 as per the murad ali baig news report

[vasudeva]

Elantra sold 10 in 3/08. Now, Elantra is out of production since Jan 2007. Then who bought 15 month old stock?. Fudge, genuine buyers, or forced down the throat of `loyal' Hyundai employees. For Hyundai, i10 is taking away Maruti's market.

GM can continue to post huge 50-60% increases for another month. See their press releases for May 2008 sales, and thereafter.

I presume Merc. would be astonished at the huge sales of >5 m (S-class, etc). Highest ever for them in this segment.

For full 2007-08: Fiat can also point at a 51% growth for 2007-08! 2nd successive year of decline for HM. Lowest growth for Honda in 2007-08 (2.4% in 2007-08 vs 43.5% in 2006-07). Highest growth ever for GM, Merc. First year of decline for Ford. Sharply lower growth for Hyundai (10.9% in 2007-08 vs 22.8% in 2006-07). Also sharply lower growth for Maruti (12% vs 20.6%), and tata (0.4% vs 20.2%)

[GTO]

- Palio sales doubled Okay, that wasn't too difficult since the numbers have shot up by only 250 cars. But the MJD will surely see increased acceptance in the long run.

- Hyundais i10 is a rockstar! Man, the Koreans have moved almost 26,000 hatchbacks in a month.

- The Cedia is not popular only on Team-BHP, it actually seems to be doing far better in the market too.

- Honda NHC = Mega. Indian customers still think its the best city tool.

- Dzire and Indigo CS, expectedly, are off to strong starts.

- Slam dunk by the new C, selling 2.5 times the 3 Series.

- Civic outsells Octavia + Laura. So much for the Indian favouritism with diesels. Or is Skodas high maintainence, bad ***, expensive upkeep and below average reliability (Laura) catching up with them?

- 101 S-Class! No wonder you see them everywhere. Mercedes sells more 80 lakh S-Class than BMW sells 3 Series.

3. Fabia is getting cold reception so far.

Not if you read our beloved magazines who claim that the Fabia is a runaway success .

[neoonwheels]

Guys, As TATA-FIAT JV published, they have achieved their target of selling 3K cars for 07-08. Sudden rise in sales seems to be MJD magic.. I hope this trend continues and FIAT posts 4 digit number soon...

[extreme_torque]

I wonder what sales figures would be if we got the C class at 13 lakhs (33000$ in US) and the S-class at 40 Lakhs (100000$).
Car makers are yet to realize the full potential of the Indian car market. We lap up 20000$ toyota camry for more than 22 lakhs here!

[RADHIKADAS]

my analysis of the the passenger car sales figures for January & February'08 basis Murad Ali Baig report.
MURAD ALI BAIG on Motoring in India, Sales Statistics, SIAM Data

Some highlights
1. Santro & i10 dropped by 50% from January to February. Maximum drop in the category
2. M800 & WagonR the only brands in the entire A2 category to witness a higher numbers in Feb (cheers to me on that for WR)
3. Alto still going the strongest contributing 35% & 41% of total lower A2 segment sales in Jan & Feb respectively
4. Alto also the highest in numbers across all passenger cars

5. Top 4 sellers in Jan 08
Alto - 20,967
Indica - 12,360
WR - 11,198
i10 - 11,009

While Top 4 sellers in Feb 08
Alto - 19,632
WR - 12,146
Indica- 10,129
Swift - 9,188

Top 4 sellers of the year (April 07 - till Feb 08)
Alto - 207,589
Indica - 122,600
WR - 122,537
Santro - 110,038

Top 4 sellers of the year (April 06 - March 07)
Alto - 223,835
Santro - 150,018
Indica - 144,690
WR - 118,445

[vasudeva]

Originally Posted by extreme_torque

I wonder what sales figures would be if we got the C class at 13 lakhs (33000$ in US) and the S-class at 40 Lakhs (100000$).
Car makers are yet to realize the full potential of the Indian car market. We lap up 20000$ toyota camry for more than 22 lakhs here!

Have you figured out what is the import duty and also the excise duty. Of course, car makers can absorb the duties and sell it to you at international market price. But usually that would mean a loss for them. I am not defending the makers but high duties=high prices=low consumer welfare=coddling of domestic makers=encouraging domestic car production.

[vasudeva]

Originally Posted by GTO

- The Cedia is not popular only on Team-BHP, it actually seems to be doing far better in the market too.

.

The figure for HM in 3/08 is definitely higher, but that figure includes Lancer, Cedia, and Amby (largely to Govt. which also buys higher in 3/08 as anyone dealing with Govt. would know).

[ram_hyundai]

So WR improved tremendously in the last year compared to previous.From the total of SX4 and dzire we can allot 5000 cars to the dzire and so balance 4000 is SX4.This was predicted in some other thread by me that the sx4 sales for march would be tremendous in spite of the dzire launch.I had made that statement after getting the feedback from different dealers across.Good job done for SX4 and WR in the last year.
ram

[diabloo]

Hey buddy, from where did you get these 5000, 4000 numbers?

Originally Posted by ram_hyundai

From the total of SX4 and dzire we can allot 5000 cars to the dzire and so balance 4000 is SX4.This was predicted in some other thread by me that the sx4 sales for march would be tremendous in spite of the dzire launch.I had made that statement after getting the feedback from different dealers across.Good job done for SX4 and WR in the last year.
ram

[whatcanthisbe]

interesting very interesting .... BMW over all 710% increase ... ford -18%

[DCEite]

Its raining WagonRs and i10s in the small car market!