Modelwise Car Sales figures for June 2020 –
Top 25 Selling Cars for June 2020 –
The Top 10 Selling Cars of June 2020 contributed to over 47% cars sold in India for the month! It included 6 models from Maruti, 2 from Hyundai, 1 from Kia & Tata.
The List of Top 10 Selling Cars for June 2020 –
YoY Performance of the Top 10 Selling Cars of June 2020 –
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 –
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 –
Renault India has announced that it will discontinue the Captur model in India. Captur’s journey never saw the light at the end of the tunnel, and has succumbed to its poor show in the Indian market. Right from its launch in 2017, the model never ever made an impact in the market, be it the styling or the pricing. What Renault thought could help it barge into the Indian market and regain its lost glory, actually made its name slip deeper, with the model not even making it to the choice list for the customers looking for the best in the range. Indian customers usually look for traditional, masculine and heavy features (at least in appearance) when speaking of SUV’s, and could never imagine nor consider the softy Captur as an SUV. Captur – an SUV, really?, was the general thought. Making an impact in the most sought after segment, that too against formidable players, is definitely tough. The company that opened up the segment in India with Duster, the most sought after segment in the recent past, could now hardly compete against its rivals. Hyundai’s Creta literally pushed Captur to the brink, but what came as a death blow could be Kia’s Seltos.
Captur’s sales figures in India though were mediocre from the beginning, is a completely different story in the rest of the world. Captur was the second best-selling vehicle for Renault globally at least until 2019. The model actually helped the brand expand its presence in markets like Brazil and Russia, and also put it in a commendable position in Europe. The makers couldn’t translate its global success in India, may be they just did not read the Indian minds well.
The below graph shows Captur’s performance gloabally, since its inception in 2013, and its last 12 months performance in India –
So, what could’ve gone wrong – was it the timing of the launch?, was it wrongly priced?, or was it just Too Much Hype – Too Little features? Comment your thoughts.
(The article is written by Karthick. He is an auto enthusiast, and an engineer by profession, currently employed in an auto MNC at Chennai; has a craving on new tech and a particular interest on the Indian automotive market.)
India is one of the leading manufacturers and exporters of commercial vehicles (CVs) in the world. Commercial Vehicles hold almost 4% of the total market share of all vehicles sold in India. This is in comparison to a 13% market share for passenger vehicles, 3 percent for three wheelers and a massive 80 percent held by two wheelers. The CV Industry has seen a seen a lot of ups and downs in the past few years and hence we present the sales analysis of the past 4 FYs for better interpretation.
The Commercial Vehicle Industry saw an upswing in the recent years owing to exponential growth in online retailing and logistics services, improving road & infra corridor and increase in development activities across the country. But the spike in the operating costs of running these vehicles, increasing customs duty, and lack of demand in the market due to the current liquidity crisis in the economy are some of the factors impeding the growth of the market. The ongoing Covid-19 outbreak has hurt the economic activities even further and the CV sales are on a free fall! The Commercial Vehicle sales have been going down for more than one-and-a-half years and looks to drop even further in FY21.
Lets us assess the category-wise CV sales in the past 4 Financial Years –
Graphical Analysis of the CV Sales in India –
LCVs Sales Trend India –
Passenger Carriers (LCVs)
Load Carriers (LCVs)
M&CVs Sales Trend India –
Passenger Carriers (M&HCVs)
Load Carriers (M&HCVs)