News

Combined sales of Hyundai & Kia higher than Maruti in May '21

This was possible mainly because Maruti Suzuki had shut down its plant due to the Covid-19 crisis.

The brand that you often see at the top of sales charts is Maruti Suzuki. However, in May 2021, Hyundai and Kia together, sold more vehicles than the popular homegrown brand. This was possible mainly due to the fact that Maruti Suzuki had shut down its plant because of the Covid-19 crisis and diverted oxygen used in manufacturing processes to medical institutions.

Last month, the combined sales of Hyundai and Kia were 36,051 units compared to Maruti's 32,903 units. This also affected the market share of the brands. Hyundai and Kia's combined market share rose by 12% to 34.94% compared to April 2021, while Maruti's market share dropped by 16% to 31.89%.

Maruti Suzuki has dominated the Indian car market for years, while Hyundai has been playing catch-up. Now, the introduction of Kia certainly seems to be paying dividends. Despite being late to the party, Kia's product strategy has been spot on, which has enabled the brand to capture a good piece of the market in relatively less time.

Together, Hyundai and Kia offer a wide range of vehicles in India. Although some models share the same platform, both brands have managed to create their unique identity.

Source: Auto Punditz

 

News

Tata Nexon EV tops electric car sales in April 2021

The combined market share of the Nexon EV and Tigor EV was 77%.

The Tata Nexon EV was the best selling electric vehicle in April 2021.

According to electric passenger vehicle sales data released by Jato Dynamics, Tata Motors sold 525 units of the Nexon EV last month. In second place was the MG ZS with 156 units, while the Tigor EV(56 units) and Hyundai Kona (12 units) rounded off the top 4.

The data shows that the combined market share of the Nexon EV and Tigor EV was 77%.

Both cars are also available with internal combustion engines. Sales of the Nexon stood at 6,413 units, while 1,571 units of the Tigor were sold during the last month.

According to the Society of Manufacturers of Electric Vehicles (SMEV), electric 4-wheeler sales grew by 52.93% to 4,588 units in FY2020-21.

 

News

April 2021: Indian Luxury car sales figures

BMW led the pack clocking the highest sales in the luxury segment in April 2021.

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

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

Luxury carmakers sales for April 2021:

  • BMW - 557 units, down from 826 units in March 2021
  • Mercedes-Benz - 536 units, down from 812 units in March 2021
  • Jaguar Land Rover - 144 units, down from 214 units in March 2021
  • Volvo - 86 units, down from 96 units in March 2021
  • Audi - 75 units (CBU only), down from 93 units in March 2021
  • Porsche - 23 units, down from 34 units in March 2021
  • Lamborghini - 5 units, up from 4 units in March 2021
  • Ferrari - 0 units, down from 2 units in March 2021
  • Rolls Royce - 0 units, down from 1 unit in March 2021
 

News

New vehicle registrations down by 30% in FY2020-21

11,85,374 vehicles were sold in April 2021 compared to 17,38,802 units in the same month last year (YoY change of -31.83%).

According to the data released by the Federation of Automobile Dealers Associations (FADA), vehicle registrations fell by 30% in FY2020-21, except for tractors which grew by 16%. Total vehicle sales for the month of April 2021 declined by 28% (MoM).

Overall sales for FY2020-21 stood at 1,52,71,519 units, compared to 2,17,68,502 units in the previous fiscal. Also, 11,85,374 vehicles were sold in April 2021 compared to 17,38,802 units in the same month last year (YoY change of -31.83%).

As India battles the second wave of the Covid-19 pandemic, vehicles sales witnessed a double-digit fall in April 2021, as most states started going under lockdowns. All categories, hence, closed the month in red with two-wheelers fall -28%, three-wheelers -43%, PVs -25%, Tractors -45% and CVs -24% respectively on a MoM basis.

The tractor segment registered a de-growth of 44.58% in April 2021. 38,285 units were sold as opposed to 69,082 in March 2021.

Two-wheeler sales decreased by 27.63% to 8,65,134 units from 11,95,445 units in the previous month.

Three-wheeler sales were down by 43.11%. 21,636 units were sold compared to 38,034 units in March 2021.

Passenger vehicle sales declined by 25.33% compared to the previous month. 2,08,883 units were sold compared to 2,79,745 units in March 2021.

Commercial vehicle sales dropped by 23.65%. 51,436 units were sold in April 2021 compared to 67,372 units in the previous month.

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

 

News

Top 10 best-selling cars in India - April 2021

7 of the top 10 cars sold in March 2021 were Maruti vehicles.

Maruti Suzuki and Hyundai continued to dominate the sales chart in April 2021. The list of the top 10 best-selling cars includes 7 models from the Maruti stable and 3 models from the South Korean carmaker.

The WagonR was the best selling car last month with 18,656 units. It was followed by the Swift, Alto and Baleno. Just like in March 2021, the Hyundai models in the top 10 list included the Creta, Venue and the Grand i10.

The top 10 cars sold in April 2021 are:

  • Maruti WagonR - 18,656
  • Maruti Swift - 18,316
  • Maruti Alto - 17,303
  • Maruti Baleno - 16,384
  • Maruti Dzire - 14,073
  • Hyundai Creta - 12,463
  • Hyundai Grand i10 - 11,540
  • Maruti Eeco - 11,469
  • Hyundai Venue - 11,245
  • Maruti Vitara Brezza - 11,220

The overall sales went down from 3,20,487 units in March 2021 to 2,86,392 units in April 2021, due to the rise in Covid-19 cases across the country and the resulting lockdown in many states.

Maruti Suzuki has a market share of 47.45%, while Hyundai's share is 17.11%. Tata (8.76%), Mahindra (6.35%) and Kia (5.63%) complete the top five.

 

News

Over 10k Royal Enfield Meteor 350 bikes sold in March 2021

The Meteor 350 even outsold the Honda CB350 last month.

Royal Enfield has sold over 10,000 units of the Meteor 350 in India for the first time since its launch.

The bike went on sale in November 2020 and in the first month itself, Royal Enfield sold 7,000 bikes. Since then, the company has been selling around 5,000-10,000 units per month. The Meteor 350 even outsold the Honda CB350 last month.

The Meteor 350 is available in three variants - Fireball, Stellar and Supernova. The bike replaces the Thunderbird and Thunderbird X models.

Powering the Meteor 350 is a new 349cc, fuel-injected, single-cylinder engine that produces 20.2 BHP @ 6,100 rpm and 27 Nm @ 4,000 rpm. The engine features an overhead camshaft instead of a pushrod and comes with a primary balancer shaft. The engine is mated to a 5-speed gearbox.

 

News

March 2021: Mercedes, BMW & other luxury car sales in India

BMW led the pack clocking the highest sales in the luxury segment in March 2021.

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

Unlike in February 2021, BMW has sold more cars than Mercedes to become the best-selling luxury carmaker in March 2021. Jaguar Land Rover took the third spot.

Luxury carmakers sales for March 2021:

  • BMW - 826 units, down from 1,367 units in March 2020
  • Mercedes-Benz - 812 units, down from 942 units in March 2020
  • Jaguar Land Rover - 214 units, down from 518 units in March 2020
  • Volvo - 96 units, down from 245 units in March 2020
  • Audi - 93 units, down from 452 units in March 2020
  • Porsche - 34 units, down from 69 units in March 2020
  • Lamborghini - 4 units, down from 5 units in March 2020
  • Ferrari - 2 units, up from 1 unit in March 2020
  • Rolls-Royce - 1 units, down from 3 units in March 2020
  • Bentley - 0 units, down from 8 units in March 2020
 

News

New vehicle registrations down by 28.64% in March 2021

Tractors and passenger vehicles were the only two categories that saw double-digit growth.

According to the data released by the Federation of Automobile Dealers Associations (FADA), vehicle registrations fell by 28.64% in March 2021. Overall sales stood at 16,49,678 units, compared to 23,11,687 units in March 2020.

Tractors and passenger vehicles were the only two categories that saw double-digit growth. According to FADA, this growth can be associated with multiple factors like the low base of last year, the transition from BS4 to BS6 and India going under total lockdown. Further, the shortage of semiconductors resulted in waiting periods as high as 7 months. 47% of dealers said that they lost more than 20% of sales due to supply-side constraints.

Tractor sales remained strong as rural incomes saw improvements. The segment saw a growth of 29.21% in March 2021. India is expected to witness a normal monsoon this year, which should further boost tractor sales in FY2021-22.

The 3-wheeler and commercial vehicles segments continued to degrow on a YoY basis.

The outbreak of the Covid-19 pandemic has hurt two-wheeler sales. The segment recorded the steepest de-growth in the last few months.

Two-wheeler sales decreased by 35.26% to 11,95,445 units compared to the same month the previous year.

Three-wheeler sales were down by 50.72%. 38,034 units were sold compared to 77,173 units in March 2020.

Passenger vehicle sales increased by 28.39%. 2,79,745 units were sold compared to 2,17,879 units in March 2020.

Commercial vehicle sales dropped by 42.20%. 67,372 units were sold in March 2021 compared to 1,16,559 units in the same month of the previous year.

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

 

News

Top 10 best-selling cars in India - March 2021

7 of the top 10 cars sold in March 2021 were Maruti vehicles.

Maruti Suzuki and Hyundai continued to dominate the sales chart in March 2021. The list of the top 10 best-selling cars includes 7 models from the Maruti stable and 3 models from the South Korean carmaker.

The Swift continued to be the best selling car in the country with 21,714 units. It was followed by the Baleno, WagonR, and the Alto. Just like in February 2021, the Hyundai models in the top 10 list included the Creta, Venue and the Grand i10.

The top 10 cars sold in March 2021 are:

  • Maruti Swift - 21,714
  • Maruti Baleno - 21,217
  • Maruti WagonR - 18,757
  • Maruti Alto - 17,401
  • Hyundai Creta - 12,640
  • Maruti Eeco - 11,547
  • Maruti Dzire - 11,434
  • Maruti Vitara Brezza - 11,274
  • Hyundai Grand i10 - 11,020
  • Hyundai Venue - 10,722

The overall sales went up from 3,08,593 units in February 2021 to 3,20,487 units in March 2021.

Maruti has a market share of 45.62%, while Hyundai's share is 16.41%. Tata (9.25%), Kia (5.96%) and Mahindra (5.19%) complete the top five.

 

News

Tata Motors sales up by over 500% in March 2021

In the EV segment, Tata recorded sales of 4,219 units in FY2021.

Tata Motors' domestic sales grew by 505% in March 2021 as compared to the same month last year. 66,609 units were sold last month as opposed to just 11,012 units in March 2020, when the country went into lockdown following the outbreak of the Covid-10 pandemic.

Passenger vehicle sales were also up, with 29,654 units sold last month - the highest ever monthly sales in 9 years.

In FY2021, Tata sold 2,22,025 passenger vehicles - the highest ever annual sales in 8 years; registering a growth of 69% compared to the previous fiscal.

In the EV segment, Tata recorded sales of 4,219 units in FY2021. The carmaker sold 705 electric vehicles in March 2021 alone, while the total sales in Q4 FY2021 stood at 1,711 units.

Tata's commercial vehicle sales in March 2021 grew by a massive 593% to 36,955 units compared to the same month last year (5,336 units).

Source: ET Auto

 

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