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FADA has released the vehicle registration data for luxury cars for March 2021.
Unlike in February 2021, BMW has sold more cars than Mercedes to become the best-selling luxury carmaker in March 2021. Jaguar Land Rover took the third spot.
Luxury carmakers sales for March 2021:
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According to the data released by the Federation of Automobile Dealers Associations (FADA), vehicle registrations fell by 28.64% in March 2021. Overall sales stood at 16,49,678 units, compared to 23,11,687 units in March 2020.
Tractors and passenger vehicles were the only two categories that saw double-digit growth. According to FADA, this growth can be associated with multiple factors like the low base of last year, the transition from BS4 to BS6 and India going under total lockdown. Further, the shortage of semiconductors resulted in waiting periods as high as 7 months. 47% of dealers said that they lost more than 20% of sales due to supply-side constraints.
Tractor sales remained strong as rural incomes saw improvements. The segment saw a growth of 29.21% in March 2021. India is expected to witness a normal monsoon this year, which should further boost tractor sales in FY2021-22.
The 3-wheeler and commercial vehicles segments continued to degrow on a YoY basis.
The outbreak of the Covid-19 pandemic has hurt two-wheeler sales. The segment recorded the steepest de-growth in the last few months.
Two-wheeler sales decreased by 35.26% to 11,95,445 units compared to the same month the previous year.
Three-wheeler sales were down by 50.72%. 38,034 units were sold compared to 77,173 units in March 2020.
Passenger vehicle sales increased by 28.39%. 2,79,745 units were sold compared to 2,17,879 units in March 2020.
Commercial vehicle sales dropped by 42.20%. 67,372 units were sold in March 2021 compared to 1,16,559 units in the same month of the previous year.
Team-BHP's detailed analysis of the March 2021 sales figures.
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Maruti Suzuki and Hyundai continued to dominate the sales chart in March 2021. The list of the top 10 best-selling cars includes 7 models from the Maruti stable and 3 models from the South Korean carmaker.
The Swift continued to be the best selling car in the country with 21,714 units. It was followed by the Baleno, WagonR, and the Alto. Just like in February 2021, the Hyundai models in the top 10 list included the Creta, Venue and the Grand i10.
The top 10 cars sold in March 2021 are:
The overall sales went up from 3,08,593 units in February 2021 to 3,20,487 units in March 2021.
Maruti has a market share of 45.62%, while Hyundai's share is 16.41%. Tata (9.25%), Kia (5.96%) and Mahindra (5.19%) complete the top five.
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Tata Motors' domestic sales grew by 505% in March 2021 as compared to the same month last year. 66,609 units were sold last month as opposed to just 11,012 units in March 2020, when the country went into lockdown following the outbreak of the Covid-10 pandemic.
Passenger vehicle sales were also up, with 29,654 units sold last month - the highest ever monthly sales in 9 years.
In FY2021, Tata sold 2,22,025 passenger vehicles - the highest ever annual sales in 8 years; registering a growth of 69% compared to the previous fiscal.
In the EV segment, Tata recorded sales of 4,219 units in FY2021. The carmaker sold 705 electric vehicles in March 2021 alone, while the total sales in Q4 FY2021 stood at 1,711 units.
Tata's commercial vehicle sales in March 2021 grew by a massive 593% to 36,955 units compared to the same month last year (5,336 units).
Source: ET Auto
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FADA has released the vehicle registration data for luxury cars for the month of February 2021.
Just like in January 2021, Mercedes-Benz led the pack with the most sales, followed by BMW and Jaguar Land Rover.
Luxury carmakers sales for February 2021:
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According to the data released by the Federation of Automobile Dealers Associations (FADA), vehicle registrations fell by 13.43% in February 2021. Overall sales stood at 14,99,036 units, compared to 17,31,628 units in February 2020.
The passenger vehicle segment witnessed double-digit growth on low base of last year as India started transitioning from BS4 to BS6 emission norms. This coupled with the global semiconductor shortage kept the waiting period of PVs as high as 8 months.
The 2-wheeler segment continued to see sluggish demand. Rising fuel prices have also put a dampener on sales.
In the CV segment, LCVs which saw good demand during the last few months has started to fall flat. As infrastructure activities have started increasing, demand for Tippers and HCVs is showing signs of revival.
Meanwhile, the tractor segment continues to grow. Tractor sales increased by 18.89% to 61,351 units.
2-wheeler sales decreased by 16.08% to 10,91,228 units compared to the same month previous year.
3-wheeler sales were down by 49.65%. 33,319 units were sold compared to 66,177 units in February 2020.
Passenger vehicle sales increased by 10.59%. 2,54,058 units were sold compared to 2,29,734 units in February 2020.
Commercial vehicle sales dropped by 29.53%. 59,020 units were sold in February 2020 compared to 83,751 units in the same month previous year.
Team-BHP's detailed analysis of the February 2021 sales figures.
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Maruti Suzuki and Hyundai continued to dominate the sales chart in February 2021. The list of the top 10 best-selling cars includes 7 models from the Maruti stable and 3 models from the South Korean carmaker.
The Swift replaced the Alto as the best selling car in the country with 20,264 units. It was followed by the Baleno, WagonR, and the Alto. Just like in January 2021, the Hyundai models in the top 10 list included the Creta, Venue and the Grand i10.
The top 10 cars sold in February 2021 are:
The overall sales went up from 3,03,398 units in January 2021 to 3,08,593 units in February 2021.
Maruti has a market share of 46.91%, while Hyundai's share is 16.72%. Tata (8.82%), Kia (5.41%) and Mahindra (4.98%) complete the top five.
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Tata Motors sold 27,225 units in February 2021. That's the highest ever sales recorded by the brand in a single month in nearly 9 years.
In January 2021, Tata had sold 26,978 cars, which translates to a month-on-month growth of 1%. The carmaker registered a growth of 119% compared to the same month last year.
Tata Motors registered a YoY growth of 30% in the M&HCV segment (8,771 units), 68% in I&LCV segment (5,624 units), 29% in SCV cargo and pickup segment (15,606 units) and a 63% degrowth in the passenger carrier segment (1,247 units). CV exports stood at 2,718 units.
Total domestic sales for the month of February 2021 were 58,473 units with a YoY growth of 54%.
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FADA has released the vehicle registration data for luxury cars for the month of January 2021.
Just like in December 2020, Mercedes-Benz led the pack with the most sales, followed by BMW and Jaguar Land Rover.
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Maruti Suzuki and Hyundai dominated the sales chart in January 2021. The list of the top 10 best-selling cars includes 7 models from the Maruti stable and 3 models from the South Korean carmaker.
With more than 18,000 units sold, the Maruti Alto was the best-selling car. Just like in December 2020, the Hyundai models in the top 10 list included the Creta, Venue and the Grand i10.
The top 10 cars sold in January 2021:
The overall sales went up from 2,76,385 units in December 2020 to 3,03,398 units in January 2021.
Maruti has a market share of 45.82%, while Hyundai's share is 17.14%. It is followed by Tata (8.89%), Mahindra (6.76%) and Kia (6.28%).