News

Tata pips Hyundai to become 2nd largest carmaker in Dec 2021

Tata Motors' annual sales stood at 3,31,178 units.

Tata Motors has overtaken Hyundai to become the second-largest carmaker in December 2021. 

Tata sold 35,299 units last month, registering a growth of 50% compared to December 2020. Hyundai, however, only managed to dispatch 32,312 units. 

The homegrown carmaker also recorded strong quarterly sales. Tata sold 99,002 vehicles in Q3 FY2022, a growth of 44% compared to Q3 FY2021. 

Tata's electric vehicle sales stood at 2,255 units in December 2021. During the quarter, the carmaker dispatched 5,592 EVs.

Tata Motors' annual sales stood at 3,31,178 units. Hyundai too registered a growth of 19.2% in CY2021.

 

News

Vehicle retail sales down by 2.70% in November 2021

The passenger vehicle segment continues to face the brunt of the semiconductor shortage.

According to the data released by the Federation of Automobile Dealers Associations (FADA), vehicle retail sales were down by 2.70% in November 2021, compared to the same month last year.

Overall sales for the month of November 2021 stood at 18,17,600 units, compared to 18,68,068 units in November 2020. However, compared to November 2019, when 22,65,740 units were sold, total vehicle retails have fallen by 19.78%.

Vehicle retail sales remained in the negative despite the Diwali and marriage season. The passenger vehicle segment continues to face the brunt of the semiconductor shortage. Customers could shy away from making a purchase due to the extended waiting periods.

Tractor sales dropped by 9.07% from 50,180 units in November 2020 to 45,629 units.

Two-wheeler sales were down 0.75% to 14,33,855 units from 14,44,762 units in November 2020.

Three-wheeler sales were up by 66.85% in November 2021. 40,493 units were sold compared to 24,269 units in November 2020.

Passenger vehicle sales decreased by 19.44% compared to the previous year. 2,40,234 units were sold last month compared to 2,98,213 units in November 2020.

Commercial vehicle sales increased by 13.32%. 57,389 units were sold in November 2021 compared to 50,644 units in the previous year.

Team-BHP's detailed analysis of the November 2021 sales figures.

 

 

News

Top 10 best-selling cars in India - November 2021

The top 4 positions have been occupied by Maruti cars (WagonR, Swift, Alto, and Vitara Brezza).

The list of the top 10 best-selling cars in India in November 2021 consists of models from Maruti, Hyundai, Tata and Kia.

The top 4 positions have been occupied by Maruti cars (WagonR, Swift, Alto, and Vitara Brezza). The Creta in 5th place is the only model from Hyundai that has made it into the list.

The Tata Nexon is in the 7th position. It has witnessed a whopping YoY growth of 63.3%. The Kia Seltos sits in 9th place and the 6th, 8th, and 10th spots have been secured by the Baleno, Eeco, and Ertiga, respectively.

The top 10 cars sold in November 2021

  • Maruti WagonR - 16,853
  • Marut Swift - 14,568
  • Maruti Alto - 13,812
  • Maruti Vitara Breza - 10,760
  • Hyundai Creta - 10,300
  • Maruti Baleno - 9,931
  • Tata Nexon - 9,831
  • Maruti Eeco - 9,571
  • Kia Seltos - 8,859
  • Maruti Ertiga - 8,752
 

News

Vehicle retail sales down by 5.33% (YoY) in October 2021

The auto sector witnessed the worst festive season in the last decade.

According to the data released by the Federation of Automobile Dealers Associations (FADA), vehicle retail sales were down by 5.33% in October 2021, compared to the same month last year.

Overall sales for the month of October 2021 stood at 13,64,526 units, compared to 14,41,299 units in October 2020. However, compared to October 2019, when 18,60,098 units were sold, total vehicle retails have fallen by 26.64%.

The auto sector witnessed the worst festive season in the last decade. Carmakers were unable to cope with the demand due to the ongoing chip shortage. Compact SUV and luxury segments witnessed a huge shortage of vehicles, while demand for entry-level cars was low.

The 3-wheeler segment has started to witness usual demand. EV share in 3-wheelers has now crossed the 45% mark.

Tractor sales dropped by 20.78% from 55,874 units in October 2020 to 44,262 units.

Two-wheeler sales were down 6.07% to 9,96,024 units from 10,60,337 units in October 2020.

Three-wheeler sales were up by 73.93% in October 2021. 39,077 units were sold compared to 22,467 units in October 2020.

Passenger vehicle sales decreased by 11.38% compared to the previous year. 2,28,431 units were sold last month compared to 2,57,756 units in October 2020.

Commercial vehicle sales increased by 26.45%. 56,732 units were sold in October 2021 compared to 44,865 units in the previous year.

Team-BHP's detailed analysis of the October 2021 sales figures.

 
 

News

Mumbai: Vehicle sales drop by 32% this Dhanteras

Car sales were down by 13%, while 39% fewer 2-wheelers were sold this Dussehra.

The festive season is that time of the year when we witness a boost in vehicle sales. However, this year, things are different. According to a media report, vehicle sales in Mumbai have dropped by up to 32% this Dhanteras compared to last year.

According to the vehicle registration data, 2,447 cars and 6,237 bikes were booked in the city a fortnight before Dhanteras. This shows that car sales have dropped by 12%, while 2-wheeler sales have been down 32%.

A similar trend was seen during Dussehra. Car sales were down by 13%, while 39% fewer 2-wheelers were sold compared to the previous year.

Rising fuel prices are said to be one of the reasons for the dismal sales. In the last one and a half years, petrol prices have risen by 51%, while diesel has gone up 60%.

Source: ET Auto

 

News

Alto, Ertiga & Seltos top sales charts in September 2021

Maruti Suzuki Alto sales dropped by 8.26% in September 2021 to 12,143 units.

The Maruti Suzuki Alto was the best-selling passenger car in India during September 2021. The Ertiga took the second spot, while the Kia Seltos was the third highest-selling model.

Maruti Suzuki sold 12,143 units of the Alto last month. That's 8.26% less than the previous month. Ertiga sales increased by 80.90% to 11,308 units. 

Kia also registered an increase in sales of the Seltos. The carmaker sold 9,583 units, up from 8,619 units in August 2021.

Hyundai sold 8,193 units of the Creta, while 8,077 units of the Baleno were dispatched last month. 

The Hyundai Venue (7,924 units) was the 6th best-selling car, followed by the Eeco (7,844 units), WagonR (7,631 units) and the i20 (5,153 units). The Toyota Innova Crysta (4,724 units) completed the top 10.

Source: ET Auto

 

News

Vehicle retail sales down by 5.27% (YoY) in September 2021

Passenger vehicle sales increased by 69.95% compared to H1 2020.

According to the data released by the Federation of Automobile Dealers Associations (FADA), vehicle retail sales were down by 5.27% in September 2021, compared to the same month last year.

Overall sales for the month of September 2021 stood at 12,96,257 units, compared to 13,68,307 units in September 2020. However, compared to September 2019, when 14,98,585 units were sold, total vehicle retails have fallen by 13.50%.

The entry-level 2-wheeler segment is yet to witness growth. The chip shortage has also started impacting the 150+ cc segment. The 3-wheeler segment is showing signs of a shift from ICE to EVs, with EVs outselling ICE 3-wheelers by 60:40.

The tractor segment registered a growth of 13.71% in H1 2021. 3,14,221 units were sold as opposed to 2,76,338 in H1 2020.

Two-wheeler sales increased by 27.20% to 52,31,441 units from 41,12,656 units in H1 2020.

Three-wheeler sales were up by 68.61% in H1 2021. 1,36,526 units were sold compared to 80,970 units in H1 2020.

Passenger vehicle sales increased by 69.95% compared to H1 2020. 12,34,340 units were sold compared to 7,26,289 units.

Commercial vehicle sales increased by 126.89%. 2,69,033 units were sold in H1 2021 compared to 1,18,574 units.

Team-BHP's detailed analysis of the September 2021 sales figures.

 

News

Mercedes leads luxury segment with 4,101 units in Q3 2021

The E-Class LWB remained the highest-selling model, followed by the GLC.

Mercedes-Benz India sold 4,101 units in Q3 2021 - one of its highest ever quarterly sales performances - and continues to lead the luxury car segment.

Mercedes achieved a growth of 99% in Q3 2021 compared to the same period in 2020. This resulted in the brand crossing the entire CY 2020 sales volume within the January-September period. The cumulative sales during this period were 8,958 units - a growth of 75% compared to Jan-Sep 2020.

In the first and second quarters of 2021, Mercedes had sold 3,193 units and 1,664 units respectively. The company was expecting to sell 20% more cars if conditions had been normal.

According to the company, there was equal demand for sedans and SUVs during Jan-Sep 2021. The E-Class LWB remained the highest-selling model, followed by the GLC.

Mercedes also registered strong demand for the A-Class Limousine, new GLA, GLE and GLS, along with high-end models like the GLS Maybach, S-Class and the AMGs. The waiting period for various models ranges from 4-32 weeks.

So far, in 2021, Mercedes-Benz has launched 11 new models in India. Out of the 24 cars sold in the country, 13 are locally produced. Till now, 1.30 lakh locally-built cars have rolled out of the Mercedes-Benz factory in India.

 

News

Mercedes leads luxury car sales in August 2021, BMW 2nd

Just like in July 2021, Mercedes-Benz led the pack with the most sales, followed by BMW and Jaguar Land Rover.

FADA has released the vehicle registration data of luxury cars for August 2021.

Just like in July 2021, Mercedes-Benz led the pack with the most sales, followed by BMW and Jaguar Land Rover.

Luxury carmakers sales for August 2021

  • Mercedes-Benz - 1,070 units, up from 497 units in August 2020
  • BMW - 692 units, up from 411 units in August 2020
  • Jaguar Land Rover - 237 units, up from 116 units in August 2020
  • Volvo - 130 units, up from 93 units in August 2020
  • Audi - 99 units (CBU only), up from 9 units in August 2020
  • Porsche - 43 units, up from 7 units in August 2020
  • Lamborghini - 8 units, up from 1 unit in August 2020
  • Bentley - 5 units, up from 1 unit in August 2020
  • Rolls Royce - 3 units, up from 2 units in August 2020
 

News

Vehicle retail sales rise by 14.48% (YoY) in Aug 2021

According to the data released by the Federation of Automobile Dealers Associations (FADA), vehicle retail sales went up by 14.48% in August 2021, compared to the same month last year.

Until last year, demand was a challenge, but now, supply is becoming a bigger problem due to the shortage of semiconductors. It is said that for the first time, customers may not get lucrative schemes this festive season.

FADA expects to see a demand-supply mismatch in the PV segment and low demand for 2-wheelers.

Overall sales for the month of August 2021 stood at 13,84,711 units, compared to 12,09,550 units in August 2020. However, compared to August 2019, when 16,24,217 units were sold, total vehicle retails have fallen by 14.75%.

The tractor segment registered a growth of 5.50% in August 2021. 71,737 units were sold as opposed to 67,999 in August 2020.

Two-wheeler sales increased by 6.66% to 9,76,051 units from 9,15,126 units in August 2020.

Three-wheeler sales were up by 79.70% YoY. 30,410 units were sold compared to 16,923 units in August 2020.

Passenger vehicle sales increased by 38.71% compared to the previous year. 2,53,363 units were sold compared to 1,82,651 units in August 2020.

Commercial vehicle sales increased by 97.94%. 53,150 units were sold in August 2021 compared to 26,851 units in August 2020.

Team-BHP's detailed analysis of the August 2021 sales figures.

 

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