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Old 15th November 2024, 07:24   #61
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Re: October 2024 : Indian Car Sales Figures & Analysis

These sales figures are worrying, considering the uneven market density throughout the country. Most cars are still sold in the urban areas and are the ungainly crossovers. The cars selling decent numbers outside the top 10 are more representative of the country as a whole. People outside the metropolises prefer the more sensible, practical choice of cars. This is why we see the Alto chugging on strong even today. Maruti missed the bus by pricing the Celerio too high. IMO, a good sales strategy would be to kill off the S-Presso and drop Celerio prices across the board. Wagon-R numbers have dropped too. Maybe the time for a facelift?

Of course my views are very biased, but also a little wishful. I would love to see carbuyers across the country shed the "image" and "visibility" mindset and choose well made, sensible cars that actually serve a practical purpose, outside of delivering driving pleasure. Although an ardent petrolhead to the bone, I think mass mobility is the future and only well planned public transport can mobilise the nation towards progress.
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Old 15th November 2024, 07:58   #62
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Re: October 2024 : Indian Car Sales Figures & Analysis

I've bought a CRETA knight edition S(o) diesel auto , in October. So I contributed to Creta's numbers. It's , very well rounded suspension and not the gaudy styling elements like Seltos has tilted me in it's favour.
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Old 15th November 2024, 08:49   #63
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Re: October 2024 : Indian Car Sales Figures & Analysis

I am not sure how strong indicators are car sales to reflect economic growth, given our growth stage. But in one year nearly zero growth in total numbers? Yes the slice and dice will give some encouraging numbers with bigger cars selling more compared to 2023 October numbers and few makers making more money but does this mean economic growth has not penetrated enough in the last few years? Tough to say.
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Old 15th November 2024, 09:28   #64
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Re: October 2024 : Indian Car Sales Figures & Analysis

Quote:
Originally Posted by iSubham View Post
There might be a few reasons for this:
- the Seltos is the oldest car in its segment. The new Creta, Maruti-Toyota twins, VAG twins, Astor, C3 Aircross, Elevate and Curvv all came after it. However, it doesn't mean that the car is outdated. For me, it's still the best looking car of the lot.
- Kia doesn't have much of a rural India or even tier-2 & 3 cities when compared to the segment top-sellers, Hyundai & Maruti, both of which are deeply entrenched throughout the country with more showrooms than Kia.
- Kia's production capacity isn't a constraint. It can do about 350,000 units a year. They aren't exporting in huge numbers currently. The previous year FY24 full exports were only 52,000 and domestic sales were 245,000 units.
- The problem IMHO with Kia's refusal to provide deep discounts on the Seltos. Even the Grand Vitara gets advertised discounts upto Rs 1.30 lakhs which help it achieve the excellent numbers. The Creta at this point is a household name, sells on it to quite an extent and it's facelift was a more thorough revision than the Seltos.
- Kia doesn't provide the 1.5 NA engine with CVT in the higher specs, which Hyundai does happily and sells a huge number of. Have to realise that this engine is the highest seller among the three options.
To add to this, I myself personally know of two people who rejected seltos because of Kia's brand image of 'poor build quality'
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Old 15th November 2024, 09:31   #65
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Re: October 2024 : Indian Car Sales Figures & Analysis

I was eagerly waiting for the numbers as I am in market to replace my Duster.

Elevate - Shows an upward trend since July but the real test is now when the festive season is over. I believe the bland interiors compared to Creta and absence of multiple engine options against Creta is not letting it elevate

Alcazar - Even facelift is not helping Hyundai get big numbers. The perception of being Creta+ and no extra value except two extra seats, I believe it will settle to 1000 numbers.

Grand Vitara - Selling in big numbers because of lots of discounts, both from Maruti and at dealer level. Seems like facelift is just around corner. Hoping sunroof cover issue gets solved along with light color interiors.

Creta - Selling in big numbers even with zero discounts goes on to say how much we love it as it brings lot of value to the buyer. Hyundai has really upped the game by giving everything for any buyer to choose from.

XUV700 - Still selling like hot cakes. Mahindra is making big money on its SUVs and they are still betting big on Diesels against other manufacturers. 2025 could be a turning point for Mahindra with BE cars getting launched. Would be interesting to see what is the ratio of petrol:diesel XUV700s sold in October.
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Old 15th November 2024, 10:38   #66
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Re: October 2024 : Indian Car Sales Figures & Analysis

Quote:
Originally Posted by ferrarirules View Post
Here is the data from the inventory standpoint.



Attachment 2682803

What I fail to understand here is why Mahindra is still having such long waiting periods as compared to others when it has the second highest inventory (based on the percentage of sales).

For some models, the dealers are even charging extra to get the car earlier, stating the scarcity of that car.
This has been known publicly for too long for Mahindra to not have done anything about it.
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Old 15th November 2024, 10:48   #67
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Re: October 2024 : Indian Car Sales Figures & Analysis

Looking at the October 2024 sales figure, I think both Nexon iCNG and Curvv are going to propel Tata to finally dethrone Hyundai from the number 2 spot.

Both Nexon iCNG and Curvv are having long waiting period of upto 14 months as per some latest reports. Curvv is literally the spiritual successor to the mighty Nexon and looks like it'll continue the family tradition of sales success set by its sub-compact brother
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Old 15th November 2024, 11:01   #68
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Re: October 2024 : Indian Car Sales Figures & Analysis

Dunno, if this is the Indian Car Sales figures thread or TATA Motors bashing thread. There is no doubt that they need to improve their sales as well as service. Having said that, the numbers show that they are not doing so badly. Punch and Nexon are selling 15 K units a month. The Harrier + Safari do around 3600 units cumulatively and now the Curvv is selling 5K units per month.

M&M has been pulling sales away from TATA. In addition to the XUV 700 the Body on Frame SUV's have been setting the sales chart on fire month after month. Tata may regret the decision to vacate this space and leave it for Mahindra who have raised their game to a different level. Now Mahindra has a hit with XUV 3XO which is pitted against Nexon which was the segment king and is possibly cannibalising some of its sales.

Unlike Mahindra, Tata has not improved its ICE engines. The Fiat sourced Diesel engine is not as smooth as the Mahindra Diesel and must cost a lot more as well. They don't have a petrol option for the Safari and the Harrier as yet . The Mahindra engines are way better. Tata seems to have put too much faith in electric vehicles and the sales of electric vehicles seems to be be tapering off as people question low resale value and high battery replacement costs . Toyota and Maruti have also offered very strong Hybrids which a lot of people are buying.

TATA needs better petrol engines as well as Diesels as the ICE engines will continue to find buyers for a much longer time in India than in rest of the world even as they continue to invest in electric drive trains.

Last edited by Chetan_Rao : 15th November 2024 at 12:53. Reason: typos
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Old 15th November 2024, 11:33   #69
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Re: October 2024 : Indian Car Sales Figures & Analysis

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Originally Posted by romeomidhun View Post
He called the Tata sales person, and he told that we need to forcefully - very forcefully - press on the boot door after closing it. Things worked. Even now, it is having the same issue.
.
This is what happened to my b-i-l’s Harrier. Then he made a habit of closing the boot always with high force..
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Old 15th November 2024, 11:36   #70
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Re: October 2024 : Indian Car Sales Figures & Analysis

Quote:
Originally Posted by rajneeesh View Post
Dunno, if this is the Indian Car Sales figures thread or TATA Motors bashing thread. There is no doubt that they need to improvetheier Sales as well as service. Having said that, the numbers show that they are not doing so badly. Punch and Nexon are selling 15 K units a month. The Harrier + Safari do around 3600 units cumulatively and now the Curvv is selling 5K units per month.

M&M has been pulling sales away from TATA. In addition to the XUV 700 the Body on Frame SUV's have been setting the sales chart on fire month after month. Tata may regret the decision to vacate this space and leave it for Mahindra who have raised their game to a different level. Now Mahindra has a hit with XUV 3XO which is pitted against Nexon which was the segment king and is possibly cannibalising some of its sales.

Unlike Mahindra, Tata has not improved its ice engines. The Fiat sourced Diesel engine is not as smooth as the Mahindra Diesel and must cost a lot more as well. Thy dont have a petrol option for the Safari and the Harrier as yet . The Mahindra engines are way better. Tata seems to have put too much faith in electric vehicles and the sales of electric vehicles seems to be be tapering off as people question low resale value and high battery replacement costs . Toyota and Maruti have also offered very strong Hybrids which a lot of people are buying.

TATA needs better petrol engines as well as Diesels as the ICE engines will continue to find buyers for a much longer time in India than in rest of the world even as they continue to invest in electrive drive trains.
You are saying: "if this is the Indian Car Sales figures thread or TATA Motors bashing thread", but at the end, you are also doing the same!?

Sales numbers are good, but think of the additional numbers they can get if the issues are sorted out.

So, it's not bashing. Stating some hard facts doesn't make it as "bashing".

Peace

Quote:
Originally Posted by RGK View Post
This is what happened to my b-i-l’s Harrier. Then he made a habit of closing the boot always with high force..
Yes, it's not a one-off case. I found many videos in Youtube stating the same "door-close" issue in Tata Punch.

Last edited by romeomidhun : 15th November 2024 at 11:41.
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Old 15th November 2024, 11:51   #71
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Re: October 2024 : Indian Car Sales Figures & Analysis

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Originally Posted by ferrarirules View Post
Here is the data from the inventory standpoint.
Looks promising but its not clear manufacturer wise how much inventory is still lying in the stockyard. As year end is approaching, I believe festive discounts will continue further to clear out any remaining inventory before new regulations of mandatory 6 airbags kick-in in 2025.
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Old 15th November 2024, 12:09   #72
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Re: October 2024 : Indian Car Sales Figures & Analysis

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Originally Posted by satyamkolhe View Post
This has been known publicly for too long for Mahindra to not have done anything about it.
It is because they have limited production capacity and all their production cannot be dedicated to one single model. They have tried to buy multiple plants over the years but they have been beaten to the acquisition by Tata for Ford Sanand plant and Hyundai for GM Talegaon plant
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Old 15th November 2024, 12:15   #73
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Re: October 2024 : Indian Car Sales Figures & Analysis

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Originally Posted by ferrarirules View Post
It is because they have limited production capacity and all their production cannot be dedicated to one single model. They have tried to buy multiple plants over the years but they have been beaten to the acquisition by Tata for Ford Sanand plant and Hyundai for GM Talegaon plant
I know about their struggles with ramping up production capacities, but then one would assume that their inventories would also be low since their sales have skyrocketed and people are finding it difficult to get their hands on Mahindra vehicles. But they have higher inventory than Tata and Hyundai, which do not have such long waiting periods for any vehicle. This is confusing me. Maybe I am missing something, but to me, this does not make sense.

Last edited by satyamkolhe : 15th November 2024 at 12:18.
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Old 15th November 2024, 12:23   #74
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Re: October 2024 : Indian Car Sales Figures & Analysis

Hello Everyone,

I am thinking of getting a new car for Myself.
I am considering XUV 700 AX7 D MT. However, I'll be happy to consider other cars as well if I am getting a good deal.

Considering the inventory figures should I get the new car in December or wait till Jan-25 to get a good deal?


Thanks in advance for the insights.
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Old 15th November 2024, 12:39   #75
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Re: October 2024 : Indian Car Sales Figures & Analysis

If Mahindra has that much left over stock, how come waiting periods are so high? Are dealers artificially inflating the waiting period?
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