Indian Car Sales Figures – November 2020 (FADA Report)
While the passenger vehicle industry had projected a YoY growth of 8.8% in terms of Wholesales (source); the registrations have grown by 4.2% in Nov’20 v/s Nov’19. FADA says the PV registrations would have been better; if vehicle supplies were better during the festive season.
OEM wise Passenger Cars Market Share Data for November 2020 with YoY comparison –
Source: FADA Research
Maruti Suzuki reported an increase in Market Share YoY and was able to command a Market Share of ~50% in November 2020.
Hyundai ranked second and recorded a fall in Market Share of -1.5% – The Market Share fall was the highest for Hyundai.
Tata had an impressive month where both Wholesale & Retails were better. Tata Motors registered a YoY increase of stellar 61.6% and was one of the highest in Nov’20. It also increased its Market Share by 2.7% in Nov’20 v/s Nov’19
Mahindra’s Market Share loss was one the highest in November 2020. The Indian major’s market share dropped by -1.3% in Nov’20 v/s same period last year.
Kia is on a roll. It is already commanding a Market Share of 6.3% – Sonet has helped Kia strengthen its hold in the Indian market even further and it grew 72.7% YoY.
1- The above numbers do not have figures from AP, MP, LD & TS as all these States/UT’s are not yet on Vahan 4. 2- Vehicle Registration Data has been collated as on 06.12.20 and in collaboration with Ministry of Road Transport & Highways, Government of India and has been gathered from 1,265 out of 1,472 RTOs.