Indian car market : Best sellers of July 2016

Indian car market : Best sellers of July 2016

Posted by Unknown on Wednesday, 13 July 2016 0

The big shots of the Indian vehicle (car, utility vehicles and vans) trade have become larger, treading into the market share of smaller players.

The 3 high corporations -- Maruti Suzuki, Hyundai and M & M are continuing to realize additional share within the world’s fifth largest automobile market.

These 3 had a market share of 72.5 per cent throughout January-June this year, against 70.3 per cent within the corresponding period of 2015. This left 27.5 % for the remaining dozen corporations. The fourth, fifth and sixth largest (Honda, Tata Motors and Toyota) in the first half of 2015 have all seen their market share reduce this year.

Renault, riding on the Kwid’s volume, has emerged the largest gainer, over doubling its market.

Maruti, the most important, has become larger, gaining 0.4 share points on market share to succeed in fou46.5 %. Two new key launches, of the Baleno (October 15) and Vitara Brezza (March 16), and consistent performance of the Ciaz and WagonR, has helped it gain share.

The gain has been despite many days of production loss this year -- in Feb, as a result of the agitation in Haryana that impacted componant supply and so in May-June, as a result of a fire at the Manesar plant of its largest automobile air-conditioning unit provider, Subros.

Hyundai, second biggest company, aga reinfinorced its position, adding 0.7%  in first half, to succeed in 17.3 per cent. A major contribution came from the company’s initial compact sports utility vehicle (SUV), the Creta, launched in July last year. This is approx 7,000 units a month. Its existing models just like the Grand i10 also contributed a lot.

Utility vehicle major M&M, that had seen a decline in first half last year, has reversed this. In spite of an impression for over a month from the big diesel vehicle ban within the metropolis Region (NCR), it's improved its share, helped by  launches like the TUV300 (September 15) and KUV100 (January 16).

Honda and Tata Motors have lost share in spite of latest launches. 

Honda launched a replacement Jazz in July last year and once more a compact SUV early this year. However, the City, its best entertainer for years, has been under pressure.

The company claims a speedy shift in customer preference towards the gas variant (after the Dec 2015 judicial writ ban on 2,000cc and bigger diesel vehicles within the NCR), creating it tough to regulate volumes consequently. Maruti’s Ciaz has conjointly been snatching into sales volumes.

Tata Motors’ many launches, together with re-launch of the Nano last year, haven't helped volumes. Its Zest, Bolt and Nano models still decline. The company’s latest hatchback, the Tiago, launched in Apr this year, is doing roughly 3000 units a month.

Japan’s Toyota also lost share, for 2 reasons. First, it failed to launch a new car for a long time. Its Innova Crysta came solely this May. it absolutely was hit all within the NCR market from the court ban mentioned earlier.

Five different international majors -- Volkswagen, Nissan, GM, Fiat and Skoda -- have all seen their share shrink. None of those corporations have a share of over 2%.