Indian Bus Market Sales Analysis: “April – February FY 2012-13” indian bus market analysis, annual sales 2012-13, fy april-feb 2012-13 analysis, yearly automarket market sales, bus statistics, bus market 2012-13

For the period April to February for the Fiscal Year 2012-13, overall sales had dropped by 3% which is not a positive sight for Industry. 91,127 buses were sold during the period April-Feb of FY 2012-13, compared to 93,766 units during the same period for FY 2011-12.

The M&HCV segment has shown a negative growth of 7%. The segment managed to sell 44,643 units during the period April-Feb of FY2012-13, compared to 48,237 units during same period last fiscal year. This is a drop of 3,594 units.
While LCV marks a 25% growth for the same duration. LCV segment has sold 955 more compare to same period of last FY.
M&HCV contributes 51% of the Market Share while LCV has 49% in this segment.

M&HCV Snap Shot

For the period April to February of fiscal year 2012-13, the total sales of M&HCV busses in domestic market falls down by 2856 units resulting in a de-growth of 6.55%. During this period 40686 busses were sold as against the 43542 units sold during the same period of last fiscal.

Major Players Face Down in M&HCV Segment in the Domestic Market

In the domestic market, sales of Ashok Leyland, Tata Motors and Volvo Buses has also came down for the period Apr-Feb FY 2012-13 compared to same period of the last financial. Luxury segment sales has also decrease by around 7%. While VECV, SML Isuzu, Mahindra sales saw increase during April-Feb 2012-13 compare to last FY year of same period.

Minimal Changes in Market Share for M&HCV

Market share of Ashok Leyland has decreased by 1%, while Tata Motors’ market share has decreased by 4% in April-Feb 2012-13. Somehow VECV, SML Isuzu & Mahindra had improved their market share by 2, 1 & 1 percent respectively in the April-Feb 2012-13.

TATA Motors the Worst Affected Domestic Player in M&HCV Segment for February 2013

For the month of February 2013, Tata Motors are badly affected with sales decreased by around 40% compare to Feb 12. Volvo has also affected and sales came down from 68 to 27 units in Feb 13. VECV sales is positive.

Significant Reduction in Exports of M&HCV

Ashok Leyland is the top exporter in CV passenger segment for April-Feb 2012-13 but shown negative units where the exports went down by around 11%. Tata Motors the worst hit with a 38.48% reduction in exports.

LCV Snap Shot

The total sales of LCV in the domestic market for April-February FY2012-13 is 42,909 units sold as against 43,102 units sold last fiscal for the same period. This is a 193 units less than the previous year.

Force Motors Impresses

Tempo traveler performance is excellent with positive a note of sales. Tata Motors marks reduction in this segment meanwhile VECV improves sales.

Traveler Remains Market Leader

Tempo traveler is the market leader in this segment. Tata Motors, SML Isuzu and Mahindra Navistar (M&M) has lost their market share in April-Feb 2012-13 compare to last FY in same period.

7% De-Growth for the Month of February in the LCV Segment

In February 2013, there is 293 less units were sold compared to same month last year. Sales figures fell from 4090 units last year to 3797 units for the month of February this year. Tata motors has left negative sales figures in LCV segment. Only Force Motors has shown positive sales figure in cumulative comparison. All other players have shown negative sales compared to same period, last year.

Decline in Exports; Ashol Leyland lose fair amount of ground

Also in LCV segment, Ashok Leyland is top exporter in CV passenger vehicle but its export sales has decreased by 24.30% in April-Feb 2012-13 compare to last FY in same period. Tata Motors, M&M, VECV and SML export sales has increased. Force Motors performance is not very impressive in export.

Thanks "ACG Analysis Team, Indian Bus Market and SIAM" for the stats and figures