Thanks Aditya for the January Analysis:
Some more insights to the analysis,
The New Year fails to cheer the Auto Industry the woes seems carried over from last year. The industry declined in Jan by (- ) 5.3% Y-O-Y with many reporting negative to flat growth. The Industry is currently reeling to liquidate BS-4 stocks and all efforts are aligned in the direction.
The Auto Leader has managed the transition to BS6 very well with over 80% of its portfolio now being BS6 compliant.
Even though Maruti Suzuki has seen a near flat growth, it has increased its market share by 3%, now at 53% it leaves the second player Hyundai behind at 16%.
The biggest losers for the month are the Japanese duo – Honda & Toyota
Stars of the Month:
- KIA SELTOS
- Maruti Suzuki Dzire
Highlights for Jan-20
- Maruti Suzuki reaches 53% Market Share
- Venue’s numbers are tapering off and is responsible for Hyundai’s M S drop
- Mahindra loses too as Marazzo and XUV300 doesn’t bring in volumes
- Kia back at the volume game, becomes the 4th largest auto company in India
- MG’s sale hovers around 3k+ units and is good incentive for other Chinese players to step in.
Maruti Suzuki: Impressive as it shows a near flat growth even in this difficult times. One on the 3 companies showing a positive growth.
Dzire the premium Compact Sedanr becomes the best seller of Jan-20 closly followed by the Premium Hatch Baleno and then Swift. All recording positive growth. The entry level Alto falls to 3rd and records a negative growth.
Highlights: Maruti Suzuki now has almost all its cars leading in their respective segments. Would be interesting to see how Maruti Suzuki’s sales position is affected as BS6 rolls out from April 2020.
Hyundai: Hyundai falls in a negative growth at 8%, loses market share and is now at ~ 16 %.
Its new launch Aura does mediocre business as numbers include test /display cars.
Highlights: Hyundai had 2 offerings in the Top 10 (Grand i10 &i20 . Venue loses its leadership volumes and contributes to Hundai’s loss in market share.
Would be interesting to see the volumes post BS6 as Hyundai has a diesel portfolio in many cars and has an edge over competition.
Mahindra: Mahindra falls in the negative growth at 13%. Barring Scorpio all its cars are in the negative growth
Losing edge in the UVs race, M&M has something radical to do to gain traction. Bolero, Scopio , XUV 3OO bails out the company from further erosion in sales.
KIA: Seltos volumes is mind boggling at 15k+ units. Carnival, after its price announcement could be its halo product with no immediate threat to Toyota.
It is now at 5.9% Market Share in Jan-20 and is now the fourth largest Auto company in terms of sales volumes.
Segment leaders: Entry Hatchback:
Compact Hatchback:
Premium Hatchback:
Compact Sedan:
Executive Sedan:
Premium Sedan:
Luxury Sedan:
Compact SUV :
Mid-SUV:
Premium SUV:
MUV Segment:
Source: Analysis+Auto Punditz