Indian Car Sales Figures and Analysis

undead · 2nd August 2008, 06:58

Hyundai cumulative sales up 28.2% in July, 2008
– Export grows by 59.7%, domestic maintains even keel –

New Delhi, August 1, 2008: Hyundai Motor India Ltd (HMIL), the country’s second largest car manufacturer and the largest passenger car exporter, today announced a cumulative sales growth of 28.2% for the month of July, 2008.

HMIL’s total sales for the month of July ‘08 stood at 36,152 units. While the domestic market accounted for 15, 066 units, exports totaled 21,086 units in July, 2008. The cumulative sales for July, 2007 had been 28,204 units with the domestic sales at 15,003 units and exports 13,201 units. As compared to July 2007 the domestic sales grew by 0.4% in July 2008 while as exports grew 59.7 % and the cumulative growth is 28.2%.

Commenting on the sales, Arvind Saxena, Sr VP, Marketing & Sales, HMIL said, “It has been a challenging month for the entire industry with the combined effects of increase in interest rates, hike in fuel prices and inflationary pressures affecting market sentiments.

But riding on its strong product portfolio, HMIL has still managed to maintain even sales in the domestic market and our exports continue to grow at fast pace. Overall the cumulative figures are positive for HMIL but a host of negative factors have created a situation in the market where the industry is certainly going to face a slow down in demand should the situation continue for long”.

The segment-wise cumulative sales in the month of July, 2008 are as follows: A2 Segment (Santro, i10, Getz Prime) 30,614 units; A3 Segment (Accent, Verna) 5,504 units; A4 Segment (Elantra) 1 units; A5 Segment (Sonata Embera) 28 units; and SUV Segment (Tucson) 5 units.

bkm · 3rd August 2008, 13:16

Spark sale heighest since launch in july 2008 (over 3500 nos) Good show.

diabloo · 4th August 2008, 21:12

HSCI sold 4,339 units in the month of July 2008

City ZX: 2948;
Civic: 496;
CR-V: 331;
Accord: 510;
Civic Hybrid:52

rangaraj · 4th August 2008, 22:27

Quote:

Originally Posted by diabloo

CR-V: 331;

Wow! That shows that fuel prices does'nt seem to be affecting this product category at all..Its all prestige..

anandpadhye · 5th August 2008, 11:02

Quote:

Originally Posted by diabloo

HSCI sold 4,339 units in the month of July 2008

City ZX: 2948;
Civic: 496;
CR-V: 331;
Accord: 510;
Civic Hybrid:52

Well well well...what happened to the regular civic?
A sudden plunge to 496? Strange!

Or was there a typo? 1496 looks more likely...

vnabhi · 5th August 2008, 12:13

Quote:

Originally Posted by anandpadhye

Well well well...what happened to the regular civic?
A sudden plunge to 496? Strange!

Or was there a typo? 1496 looks more likely...

Perhaps the Jetta has made its impact there??

karanraheja · 5th August 2008, 12:30

Quote:

Originally Posted by anandpadhye

Well well well...what happened to the regular civic?
A sudden plunge to 496? Strange!

Or was there a typo? 1496 looks more likely...

I dont think it was a typo ! since diabloo had mentioned the total units Honda had sold in July. Quite surprised that only 496 units of Civic were sold !! Could it be that buyers are waiting to see the New Corolla??

diabloo · 5th August 2008, 12:40

I think buyers of Civic put off their decision till they see Hydrid Civic. I think this month will see record Civic sales.

oss · 5th August 2008, 19:04

Quote:

Originally Posted by vnabhi

Perhaps the Jetta has made its impact there??

You must be joking

Quote:

Originally Posted by diabloo

I think buyers of Civic put off their decision till they see Hydrid Civic. I think this month will see record Civic sales.

I think the buyers are waiting for the new Corolla

pulsar7778 · 6th August 2008, 09:43

cheers: All India city wise sales, enjoy

Seeler_Rebeiro · 6th August 2008, 11:43

The data posted is only till June 08. What is needed is July data.

vasudeva · 6th August 2008, 13:24

Quote:

Originally Posted by anandpadhye

Well well well...what happened to the regular civic?
A sudden plunge to 496? Strange!

Or was there a typo? 1496 looks more likely...

Add the figures, and Civic figure of 496 seems correct. That is a decline from 1100 in 6/2008.City has done a great hob for Honda, but I think it is now losing out to diesel Dzire and even SX4. This is evident from its flat growth in April 2007-Mar 08 and decline in April-July 2008.

SkyWalker · 6th August 2008, 13:38

Quote:

Originally Posted by vasudeva

Add the figures, and Civic figure of 496 seems correct.

People waiting to see new Corolla?

supremeBaleno · 6th August 2008, 14:00

Saw an automag (dont remember the name though) at a railway station bookstore and it had the new Honda City on the cover - Civic-ish looks.

If that is the new City that is coming, I am sure it would be a tough time for the competition esp. for the SX4, unless MUL comes out with a diesel version of SX-4.

sridharps · 6th August 2008, 14:11

Quote:

Originally Posted by vasudeva

Add the figures, and Civic figure of 496 seems correct

Quote:

Originally Posted by SkyWalker

People waiting to see new Corolla?

Yes, and the Jetta launch would had an impact as well. People would want to wait and watch before taking the plunge.

2nd August 2008, 06:58	#1171
undead Senior - BHPian Join Date: Jan 2008 Location: Bhavani - Komarapalayam Posts: 1,194 Thanked: 179 Times	Hyundai cumulative sales up 28.2% in July, 2008 Hyundai cumulative sales up 28.2% in July, 2008 – Export grows by 59.7%, domestic maintains even keel – New Delhi, August 1, 2008: Hyundai Motor India Ltd (HMIL), the country’s second largest car manufacturer and the largest passenger car exporter, today announced a cumulative sales growth of 28.2% for the month of July, 2008. HMIL’s total sales for the month of July ‘08 stood at 36,152 units. While the domestic market accounted for 15, 066 units, exports totaled 21,086 units in July, 2008. The cumulative sales for July, 2007 had been 28,204 units with the domestic sales at 15,003 units and exports 13,201 units. As compared to July 2007 the domestic sales grew by 0.4% in July 2008 while as exports grew 59.7 % and the cumulative growth is 28.2%. Commenting on the sales, Arvind Saxena, Sr VP, Marketing & Sales, HMIL said, “It has been a challenging month for the entire industry with the combined effects of increase in interest rates, hike in fuel prices and inflationary pressures affecting market sentiments. But riding on its strong product portfolio, HMIL has still managed to maintain even sales in the domestic market and our exports continue to grow at fast pace. Overall the cumulative figures are positive for HMIL but a host of negative factors have created a situation in the market where the industry is certainly going to face a slow down in demand should the situation continue for long”. The segment-wise cumulative sales in the month of July, 2008 are as follows: A2 Segment (Santro, i10, Getz Prime) 30,614 units; A3 Segment (Accent, Verna) 5,504 units; A4 Segment (Elantra) 1 units; A5 Segment (Sonata Embera) 28 units; and SUV Segment (Tucson) 5 units. Last edited by undead : 2nd August 2008 at 06:59.
	() Thanks

3rd August 2008, 13:16	#1172
bkm BHPian Join Date: Oct 2007 Location: Mumbai Posts: 95 Thanked: 0 Times	Spark sale heighest since launch in july 2008 (over 3500 nos) Good show.
	() Thanks

4th August 2008, 21:12	#1173
diabloo BANNED Join Date: Jun 2007 Location: Bengalooru Posts: 1,480 Thanked: 17 Times	HSCI sold 4,339 units in the month of July 2008 City ZX: 2948; Civic: 496; CR-V: 331; Accord: 510; Civic Hybrid:52
	() Thanks

5th August 2008, 12:40	#1178
diabloo BANNED Join Date: Jun 2007 Location: Bengalooru Posts: 1,480 Thanked: 17 Times	I think buyers of Civic put off their decision till they see Hydrid Civic. I think this month will see record Civic sales.
	() Thanks

6th August 2008, 11:43	#1181
Seeler_Rebeiro BHPian Join Date: Jun 2008 Location: Mumbai Posts: 267 Thanked: 92 Times	The data posted is only till June 08. What is needed is July data.
	() Thanks

6th August 2008, 14:00	#1184
supremeBaleno Senior - BHPian Join Date: Dec 2005 Location: Chennai / Kochi Posts: 5,654 Thanked: 2,803 Times View My Garage	Saw an automag (dont remember the name though) at a railway station bookstore and it had the new Honda City on the cover - Civic-ish looks. If that is the new City that is coming, I am sure it would be a tough time for the competition esp. for the SX4, unless MUL comes out with a diesel version of SX-4.
	() Thanks