Offers on Renault Cars Models for August 2020

Kwid 800cc 

Avail ₹5k exchange bonus + ₹10k loyalty bonus (Renault customers) + warranty up to 5 years with Std and Rxe Variants.

On 1000cc : Customer can avail ₹10k cash discount + ₹15k exchange bonus +₹7k corporate discount + finance offer (Buy in August & start paying EMIs from January 2022)

Triber

On MT Variant avail exchange bonus ₹20k+₹7k corporate discount + finance option to pay EMI in 2021.

On AMT Variant avail loyalty bonus +₹7k corporate discount + finance option to pay EMI in 2021.

Duster

RXE & RXZ variants have ₹25k exchange bonus + and corporate discount of ₹20k + finance option to pay EMI in 2021.

RXS (P) variant has ₹25k cash discount + exchange bonus ₹25k+₹20k  corporate discount + finance option to pay EMI in 2021.

 

Offers on Mahindra Cars Models for August 2020

XUV500 –
Avail Discounts up to ₹50,800 . (Exchange Bonus ₹30k + ₹5K Worth of accessories of customer choice + ₹9k for selected corporate customers (Mahindra listed corp. only) + ₹6800 Cash Discount
Scorpio–
S5 Variant: Avail ₹20k Cash discount + ₹5k for selected corporate customers (Mahindra listed corp. only) + 25k Exchange Bonus+ ₹10k worth of accessories.
S7,S9,S11: Discounts up to ₹30k (Corporate Discount of ₹5,000 and Exchange Bonus of ₹25,000)
XUV300 –
Petrol: Discounts upto ₹64,500 (Cash Discount of ₹25,000+ Corporate discount ₹4,500 + Exchange bonus ₹25,000 +10k worth of accessories)
Diesel (W8 & W8 Optional Variant): Discounts upto ₹42,600 (Cash Discount of ₹8100+ Corp discount ₹4500+Exchange Bonus ₹25,000)

June 2020 Car Sales – Snapshot

Around 1,16,928 passenger cars were sold in the Indian market for June 2020. It was a -47.2% decline over the same period last year (June 2019).

OEM-wise Car Sales for June 2020 –

RANK OEM June’20
1 Maruti Suzuki 51,274
2 Hyundai 21,320
3 Tata 11,419
4 Mahindra 7,959
5 Kia 7,275
6 Renault 4,634
7 Toyota 3,866
8 Ford 2,639
9 MG 2,012
10 Volkswagen 1,510
11 Honda 1,398
12 Skoda 790
13 Nissan 576
14 FCA 256
TOTAL 1,16,928




Maruti Suzuki had one of the highest drop in volume which led to its market share fall by 6.2% in June’20 v/s June’19. Although; Hyundai’s sales degrowth was -49.2%; the Market Share drop was only -0.7%. Tata Motors was the best performer in June’20 in terms of YoY Sales and also led to its market share growth by 3.7%. However; Kia Motors India recorded a Market Share of 6.2% (coincidentally this is the exact percentage of Market Share drop of Maruti!)

Market Share Graph for June’20 –

Interesting Facts Series – Tata Motors

Do read our earlier post on the series here – BMW and Toyota.

We shall be covering Interesting Facts pertaining to Tata Motors in this post. Tata Motors Limited, earlier known as Tata Engineering & Locomotive Company (TELCO) is one of the largest Indian automobile maker. It manufactures a variety of automobiles – passenger cars, trucks, vans, coaches, buses, sports cars, construction equipment and military vehicles.

1. Tata Motors is 75 years old, started out as Tata Engineering and Locomotive Company (TELCO) in 1945. It started off in 1945 as a locomotive manufacturer!

2. TELCO’s first trucks bore the Mercedes logo. The company then had a technical collaboration with Daimler Benz.

3. Tata Trucks have been exported for more than 59 years to 45 countries! Their first exports were trucks to Sri Lanka in 1961.

4. In 1969, the Mercedes Benz three-pointed star gave way to the ‘T’ for Tata. Dawn of a new era!

5. Launched in 1986, the Tata 407 transformed the light commercial vehicle space with a frugal Indian built solution.

6. Tata Motors supplies fully armored combat vehicles to the Indian Army.





7. Launched in 1998; Tata Indica became India’s first fully-indigenous car! Also note that the name Indica came in from ‘Indian Car’.

8. Tata Prima, the ‘World Truck’, competes directly with the Volvos, the Mercedes and the Scanias of the world, not just in terms of design but also in terms of cabin comfort and engine performance.

9. On 27 September 2004, Ratan Tata, the Chairman of Tata Motors, rang the opening bell at the New York Stock Exchange to mark the listing of Tata Motors. Tata Motors also became the first Indian automaker to be listed on the New York Stock Exchange!

11. Tata Motors pioneered the small commercial vehicle industry in 2005 with the launch of Tata Ace. The vehicle revolutionized the last-mile delivery model in the Indian market and was a monster hit. The company sold the first 100,000 units in just 20 months and over 22 Lakh units has been sold till date!

12. Tata Motors acquired the famed Jaguar-Land Rover brand June 2008 for a net consideration of $2.3 billion from Ford Motor Company.

Offers on Honda Cars Models for June 2020

  • Amaze 
    • With Exchange: Avail Discounts upto ₹32,000 (Extended Warranty worth ₹12k + Exchange Bonus of ₹10k)
    • Without Exchange: Avail Discounts upto ₹20,000 (Extended Warranty worth ₹12k + 3 Years Service Maintenance Package @ 50% cost worth ₹8,000)
  • City 
    • SV MT, V MT & V CVT variants: Discounts upto ₹45,000 (Cash Discount of ₹25,000 and Exchange Bonus of ₹20,000)
    • VX MT variant: Discounts upto ₹72,000 (Cash Discount of ₹37,000 and Exchange Bonus of ₹35,000)
    • VX CVT, ZX MT & ZX CVT Variants: Discounts upto ₹1,00,000 (Cash Discount of ₹50,000 and Exchange Bonus of ₹50,000)

*MT means Manual Transmission and CVT means Continuously Variable Transmission (Automatic)