Model-wise Export Numbers:
We read an interesting article on Economic Times with a similar topic and thought of presenting Auto Punditz’s view on the same. See what ET had identified as the Key Emerging Trends in the Indian Automotive Industry:
We agree to the trends highlighted by ET; however we would want to rank it differently and is as follows:
Model-wise Sales Statistics:
Top 25 Two Wheelers for Sep 2016 –
We have been receiving multiple requests to share the Fuel-split Sales Statistics of cars. While we couldn’t compile for the entire industry, we are happy to present the same for Maruti Suzuki (which now contributes near to 50% of overall car sales in India). And yes, the results are surprising! Lets look at the statistics for September 2016 first:
In Sep’16, 67% of Maruti Suzuki sales was contributed from Petrol variants and remaining 33% from Diesel variants. Offlate, the Indian consumers have inclined towards Petrol models due to marginalizing price difference between the two fuels and the excess price to be paid for Diesel models. But, Sep’16 was an exception or the trend has caught up strong in the Indian market. The last 6 month sales numbers will put better light on the same:
We believe that the paradigm shift of consumers towards Petrol is going to stay and slowly Diesel cars are losing the competitive advantage.
The first 6 months of the current Financial Year (Apr’16-Sep’16) has been extremely promising for the Indian Passenger Vehicle Industry. PV Sales in India saw a growth of 12.34% vis-a-vis same period last year and posted a volume of 14,94,039 units. Sep’16 especially was encouraging as well – where the sales grew 19.92% and attained the highest volume in over four and half years! Sep’16 car sales stood at 2,78,428 units as against 2,32,170 units in Sep’15. The overall growth was fueled by strong numbers in UV segment and the segment in particular grew by 40.24% in the first half of the fiscal (3,73,504 units compared to 2,66,339 units in the same period of 2015-16). Seeing the trend, we had termed the word ‘UV’ology and find the detailed report here. Other segment sales grew by meager 5.11% at 10,26,526 units in the April-September period as against 9,76,586 units in the same period of previous fiscal.
With the current pace, India is poised to cross 30 Lakh units sales this year. It’ll be the first time India will achieve this milestone and is touted to overtake Germany as the world’s fourth largest automotive market! Let us look at the world’s top Passenger Vehicle Markets basis 2015 sales –
Along with sales numbers, find included the population of the respective markets to highlight the potential India is currently at. We strongly believe that the Indian Auto Industry is at the inflection point of growth and shall see remarkable progress if supported by positive government policies and increase in disposable income of general public.
Maruti Suzuki Ritz was internationally known as the Suzuki Splash. It was jointly developed by Suzuki Motor Corporation and Adam Opel AG. The name Splash was dropped in India as it was already registered by Ford (though we haven’t seen any Ford Splash yet!). The car was launched in India in the year 2009 and was recently in 2016 Maruti guys decided to discontinue the model in the sub-continent. Some interesting history about the compact car –
Maruti Ritz was an extremely practical car and looked smart as well. However, the sales numbers had never been ‘magical’ enough for Maruti. We present the sales statistics for the model since its inception:
We at Auto Punditz wish a dignified farewell to the brand and wish the upcoming Ignis the best. Hope Ignis is capable enough to stand on the Indian consumers expectations and build a name for itself.
SUVs & MUVs have picked up pace again and are driving the growth story for the industry this year. The segment has grown a whopping 98% YoY; whereas the overall Auto Industry grew 11%. Significant volumes were added from the offerings of two biggest OEMs of the subcontinent – Maruti (Brezza) & Hyundai (Creta). Surprising is Brezza’s volumes with only Diesel offering as of now! See how the segment has grown –
Maruti Launched Vitara Brezza in March this year and from the Launch till now company has seen the tremendous success for its first Sub 4 meter SUV. It has become one of the most successful launches – Maruti Suzuki’s first compact SUV has been the best-selling utility vehicle in the first five months of this financial year.
Maruti Suzuki sold 41,484 units of the Vitara Brezza during the April-August duration to grab the Top position in utility vehicle segment.
Only available in diesel so far, whereas others available SUVs which are in competition has both of the Engine options. Creta comes with both engine options, despite the fact that reaching to top position with only diesel engine is really a good job, as we also have seen the shift in diesel and petrol figures due to Market sentiment and Strictness over Diesel Norms, if we analyse its goes against the Brezza, however, Maruti Suzuki is also planning to launch a petrol engine in Brezza to further strengthen its top Position. Also an AMT version is planned shortly.
With sale of 39,088 units Creta has got the 2nd Place, following Innova Crysta (the third best-seller with 35693 Nos). Mahindra sold 22,673 Boleros, this all-time best selling SUV lost numbers from rising competition in this segment and settled on 4th position this time. Let’s see how launch of Bolero power plus will bring additional Numbers to Mahindra?
However, Ford Managed to sell good number of EcoSport and sold 21, 564 units of the EcoSport during April-August 2016, and another Mahindra SUV sealed the sixth position with sales figures of 19,354 units. Statistics is as mentioned: