Top 10 cars of Nov’16

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Source: ET

*UVs and Vans are excluded from the list. Also Elite i20 figures do not include i20 active sales numbers (1316 units)

  • 6 out of Top 10 belong from the Maruti stable! Maruti is leaving no stone unturned to sustain Alto in the Numero Uno slot.
  • Only 2 Hyundai’s are seen in the Top 10 table. The month did extract the juice of the Korean major – ‘Demon’itaztion impact is clearly seen. Also did it find difficult to push stock to the dealers as year-end is approaching?
  • Grand i10 emerged as the best seller for Hyundai – With the demise of i10; Grand i10 is carrying a lot of stake ahead. However, a model change is expected soon – so will the numbers decline in Dec’16?
  • Tiago proves to be the comeback vehicle for Tata Motors. Tata Motors regain the 3rd position in the OEM Ranking after quite some time. A surprising month for Tata Motors though – rejig in the management earlier and now the ranking.
  • Kwid is for Renault what Tiago is for Tata. The entry level hatchs are back in the game! Alto, Celerio, Kwid and Tiago proves that even in tough times this segment will survive – Not many blackmoney hoarders would buy an entry level hatch πŸ˜‰

November 2016 Car Sales – Snapshot

Two big highlights of the Nov’s statistics –

  • Maruti exudes clear dominance with over 50% Market Share (52.2% to be precise)
  • Did we see Tata silently climb up the ladder? Tata Motors is now India’s THIRD biggest car OEM!

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Even with ‘Demonitization’ aftermath, India Passenger Car Industry posted a humble growth of 2%. And like always, Maruti led the growth phenomena.

Toyota to change its ‘Fortune’r!

Toyota has officially announced the launch of the ‘next-gen’ Fortuner on 7th Nov 2016. Fortuner has undoubtedly been the most successful flagship model for Toyota and we have huge expectations from the upcoming model. Recently it has been challenged by Ford’s Endeavour and did lose the top slot of the segment to Ford. The lower numbers of Fortuner was also attributed by Toyota’s plan to reduce its own and dealer inventory.

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The next-gen Toyota Fortuner is based on the new the ‘Toyota New Generation Architecture’ (TNGA) platform, which also underpins the new Innova Crysta. Toyota claims that the SUV is lighter and stiffer and promises improved ride quality, handling, and safety. In terms of looks, the new Fortuner comes with a host of design and cosmetic changes – It’s sleeker and looks much agile.

Fortuner has always been a ‘HOT’ seller for Toyota and was no product could ever-emulate its success since the launch. Even Endeavour currently is far behind the volumes that Fortuner had gained in its best times. In 2013, Fortuner garnered ~1,500 units/month! The volumes for a >Rs.25 Lakhs costing product was humongous and made the competition look lame. The butch looking SUV made a niche for itself and contributed significantly to Toyota’s & Dealer’s overall profitability. Fortuner’s dispatches to dealers started since Aug’09 and has sold over 96k units till date! Let’s look at its sales journey over years –

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With Toyota’s timeless quality and reliability factoring in with the New Fortuner – we expect the upcoming model to help regain its ‘Fortune’ and move the model to the Top Slot in the segment again.