News

New vehicle registrations down by 42% in June 2020

According to the data released by the Federation of Automobile Dealers Associations (FADA), vehicle registrations declined by 42% in the month of June 2020. Overall sales stood at 9,84,395 units, compared to 16,97,166 units in June 2019. 

Overall registrations increased compared to last month as the countrywide lockdown was lifted. Demand from the rural market also increased post lockdown. Factories are still not running at full capacity and dealerships and workshops are still not operational in some parts of the country. Therefore, these figures are not indicative of the actual demand.

2-wheeler sales declined by 40.92% to 7,90,118 units compared to the same month previous year.

3-wheeler sales were down 75.43%. 11,993 units were sold compared to 48,804 units in June 2019.

Passenger vehicle sales saw a decline of 38.34%. 1,26,417 units were sold compared to 2,05,011 units in June 2019.

Sales of commercial vehicle dropped by 83.83%. 10,509 units were sold in June 2020 compared to 64,976 units in the same month previous year.

Tractor sales increased by 10.86% to 45,358 units. This could be attributed to better harvest and timely arrival of monsoons.

FADA expects to see similar trends in new vehicle registrations in July 2020 as supply side constraints still hamper production while finance companies are also not running at full clip.

FADA estimates a de-growth of 15-35% across segments in FY2021. However, the tractor segment could see positive growth this year.

 

News

New vehicle registrations down by 88.87% in May 2020

According to the data released by the Federation of Automobile Dealers Associations (FADA), vehicle registrations declined by 88.87% due to the Covid-19 pandemic and the lockdown in the month of May 2020. Overall sales stood at 2,02,697 units, compared to 18,21,650 units in May 2019.

2-wheeler sales declined by 88.80% to 1,59,039 units compared to the same month previous year.

3-wheeler sales were down 96.34%. Just 1,881 units were sold compared to 51,430 units in May 2019.

Passenger vehicle sales saw a decline of 86.97%. 30,749 units were sold compared to 2,35,933 units in May 2019.

Commercial vehicle sales also dropped by 96.63%. Only 2,711 units were sold in May 2020.

Tractor sales were also down by 75.58% to just 8,317 units.

 

News

Just 37,000 cars sold in India in May 2020

Only 36,697 cars were sold in India in the month of May.

Maruti Suzuki sold 13,700 cars during the month - the highest among all manufacturers, while Hyundai sold 6,883 units. Sales numbers of Maruti were down by 88.7% compared to the same month last year. Hyundai's sales dropped by 83.8%.

Mahindra sold 3,867 units, 81.2% less compared to the same period last year. Tata Motors sold just 3,153 cars, which was 74.6% less than the sales recorded in May 2019.

In fifth place was Renault with total sales of 1,753 units. Kia's sales dropped by 80.6% compared to the previous month to 1,661 units.

Toyota and Volkswagen recorded 1,641 units and 1,404 units respectively. MG, Ford, Skoda, Nissan and Honda sold less than 1000 units each. Fiat sales stood at 93 units.

Thanks to the Team-BHP fan (he prefers to remain anonymous) who sent this image in. Heartfelt gratitude for sharing it with other enthusiasts via this page!

 

News

First time in history, Maruti sells ZERO cars in a month

For the first time in history, Maruti Suzuki registered zero sales in the domestic market (including sales to OEM) in April 2020.

Due to the outbreak of the Covid-19 pandemic, the government had ordered all production lines to be shutdown. Following the resumption of port operations, the first export consignment of 632 units was shipped from the Mundra port.

On April 21, 2020, Maruti received permission from the government to begin production at its Manesar facility in Gurgaon. The government has allowed the carmaker to operate a single shift with a limited workforce during the lockdown period.

To avoid the risk of infection to its workforce, Maruti has also installed disinfecting tunnels at the Manesar plant.

 
 

News

Tata to stop reporting monthly sales numbers from April!

Thanks to the Team-BHP fan (he prefers to remain anonymous) who sent this information in. Heartfelt gratitude for sharing it with other enthusiasts via this page!

Tata Motors will stop reporting monthly wholesale numbers from April 2020. Instead, the carmaker will report quarterly wholesale and retail figures.

The auto industry has been going through a downturn due to various economic factors. The outbreak of the Covid-19 pandemic has made the situation even worse.

In March 2020, Tata Motors recorded its lowest sales in the last 12 months. The carmaker sold merely 5,676 units - a drop of 70% compared to the same month last year.

 

News

Commercial vehicle sales crash 89% in March 2020

Commercial vehicle segment registered a massive drop in sales in March 2020 due to the outbreak of the Covid-19 pandemic. Sales crashed by 89% compared to the same period last year.

Tata Motors' domestic sales dropped 89.52% from 50,917 units in March 2019 to 5,336 units. Exports also went down from 5,619 units to 1,787 units.

Ashok Leyland registered a 91% drop in sales. The company sold just 1,787 units in March 2020 compared to 20,521 in March 2019.

Mahindra's domestic CV sales in March 2020 dropped 90% to 2,325 units. Volvo Eicher recorded an 89% year-on-year decline in sales. The company sold 1,499 units in March 2020.

Source

 

News

Covid-19 effect: Car sales crash in March 2020

Thanks to the Team-BHP fan (he prefers to remain anonymous) who sent this information in. Heartfelt gratitude for sharing it with other enthusiasts via this page!

March 2020 saw a sharp decline in car sales due to the Covid-19 pandemic and the subsequent lockdown. Overall sales across all brands fell by 51% compared to the same period last year.

Maruti Suzuki sold 76,240 units, recording a drop of 47% compared to March 2019. Hyundai sales were also down 41%.

Mahindra saw a massive 88% drop in sales, while Tata Motors registered a 70% reduction. Mahindra and Tata sold 3,383 units and 5,676 units respectively.

Toyota and Renault sales were down by 45% and 54% respectively. Toyota dispatched 7,023 cars, while Renault sold just 3,269 units.

Ford sold 3,510 units and saw a de-growth of 58%, while Honda sold 3,697 units, down 72%.

Skoda sales were down by 68%, while Fiat registered an 89% decline in sales. Datsun and Volkswagen sales were down 92% and 95% respectively. With just 673 units sold, Nissan sales were down by 31%.

Sales of light commercial vehicles (LCVs) was also affected by the Covid-19 pandemic. Sales were down 62% compared to the same period last year.

 

News

New vehicle registrations up by 2.6% in February 2020

According to the data released by the Federation of Automobile Dealers Associations (FADA), new vehicle registrations grew by 2.6% in February 2020. All segments saw growth, except the personal vehicle segment, which saw a decline of 1.17%.

Personal vehicle sales dropped from 2,28,959 in February 2019 to 2,26,271 units.

2-wheeler registrations saw a year-on-year growth of 1.52%. 12,85,398 2-wheelers were sold in February 2020.

The 3-wheeler segment registered the highest growth of 20.70%. Sales grew from 54,474 units in February 2019 to 65,752 in February 2020.

92,805 commercial vehicles were sold last month compared to 81,129 in February 2019. The segment registered a year-on-year growth of 13%.

The tractor segment also saw a growth of 13.52%.

 

News

Auto industry kicks off 2020 with over 7% de-growth

According to the latest figures released by the Federation of Automobile Dealers Associations (FADA), in January 2020, overall vehicle registrations fell by 7.17% compared to the same period last year.

2-wheeler registrations were down 8.82% compared to the previous year. 12,67,366 2-wheelers were registered in January 2020 compared to 13,89,951 in January 2019.

Personal vehicle sales were down 4.61% from 3,04,929 to 2,90,879 in January 2020. The commercial vehicle sales were also in the negative. 82,187 units were sold in January 2020 as opposed to 88,271 in the previous year.

3-wheeler sales grew by 9.17% from 58,178 units to 63,514 units. For the first time, FADA also included tractor sales in its report. The number of tractors registered in January 2020 grew by 5.11% to 46,170 units.

The industry registered the highest growth in Chandigarh (64.62%), Sikkim (43.85%) and Dadra & Nagar Haveli (26.66%).

 

News

2019: Year of double digit degrowth for the auto industry

Thanks to BHPian SpideyBoy for sharing this with other enthusiasts.

The Indian auto industry registered a degrowth of 12.3% in 2019. It was the first double digit degrowth in the last 20 years.

Except for Renault and the new players like MG and Kia, all other carmakers were in the red. Maruti Suzuki led this downfall with a -14.2% YoY degrowth. Hyundai numbers were down 7%, but in terms of market share, the company gained 0.9% overall due to the Venue. Thanks to the Triber, Renault's numbers were 8% better than last year.

The sales figures also show that Indian consumers are willing to pay if the perceive the product as value for money. The MG Hector, Hyundai Venue and Kia Seltos, all had good sales numbers. The auto industry has been going through tough times. There is also a transition to BS6 emission norms happening, which has seen some manufacturers drop diesel cars from their model line-ups.

Mahindra, Tata, Honda, Toyota, Ford, Volkswagen, Nissan, Skoda and FCA had degrowths of 5%, 28%, 23%, 16%, 25%, 13% 43.4% 8% and 40.9% respectively.

Source: AutoPunditz & Jato

 
 

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