Indian Passenger Vehicle Sales Overview : 5% decline on half year sales for FY 2013-14 indian Passenger vehicle market analysis, annual sales 2013-14, fy 2013-14 analysis, yearly automarket market sales, Passenger vehicle statistics, Passenger vehicle market 2013-14, Passenger vehicle industry analysis, Passenger vehicle industry data, Passenger vehicle statistics 2013, Passenger vehicle industry, Passenger vehicle trends 2013, Passenger vehicle industry facts, Passenger vehicle industry statistics india, Passenger vehicle industry 2013, Passenger vehicle manufacturers india, indian truck market, Passenger vehicle industry india, Passenger vehicle market share in india, indian truck market analysis, Passenger vehicle market, indian Passenger vehicle market share, indian Passenger vehicle industry statistics, Indian Passenger Vehicle Sales Analysis fy 2013-14

The total sales of passenger vehicles in India saw a 5% decrease in the month of HY1 FY 2013-14 with 1,205,567 units sold against 1,269,979 units sold during the same month of previous year.

Total sales for car segment stood at 860,093 units in HY1 FY 2013-14 as against 901,409 units in HY1 FY 2012-13, registering 5% de-growth. Sales of Utility passenger vehicles stood at 243,640 units in HY1 FY 2013-14, registered 5% decline when compared against HY1 FY 2012-13 sales of 255,674 units. Van sales declined by 10% in HY1 FY 2013-14 at 101,834 units as against 112,896 units in HY1 FY 2012-13.

The segment share contribution remained stagnant for HY1 FY 2013-14 against same period of previous financial year. The total contribution of car segment accounts for 71%, while 20% is contributed by Utility segment. Van segment gained 1 point in HY1 FY 2012-13 and poised their share at 9% against 8% during HY1 FY 2012-13.

Brand-wise Sales Overview

  • Maruti Suzuki, the market leaders registered 3% growth in HY1 FY 2013-14 with 486,908 cars sold against 473,218 cars sold in HY1 FY 2012-13.
  • Biggest winner this term is Renault who posted 133% growth for HY1 FY 2013-14 with 30,939 units sold against 13,273 units during HY1 FY 2012-13. Their counterpart Nissan performs miserable as their sales went down by 43%.
  • Backed by good response for Amaze, Honda post 68% growth with 59,617 units sold in HY1 FY 2013-14 against 35,440 units during HY1 FY 2012-13.
  • The premium car makers Audi post 15% growth while VW sales declined by 5%.
  • Trademark Indian manufacturer's Tata Motors’ sales crumbled by 35% while Mahindra and Mahindra witnessed a reduction of 13% in sales

Market leader Maruti Suzuki’s share increased to 40% in HY1 FY 2013-14 from 37% in HY1 FY 2012-13. Tata Motors are the most affected OEM as their share got minimized to 9% in HY1 FY 2013-14 from 13% in HY1 FY 2012-13.

Car Segment

  • Maruti finished the first half of FY 2013-14 with 11% growth in car sales with 413,537 units in HY1 FY 2013-14 against 373,686 units in HY1 FY 2012-13.
  • Tata Motor’s sales drop by 48% while Ford sales fall by the same. Skoda lay in misery as their sales fall by 41% whereas GM got their sales cut down by 15.
  • Renault post 29% growth in car sales which they will look to build upon in coming months.

Utility Segment

  • Mahindra had witnessed the sales of utility vehicles decline by 14% for HY1 FY 2013-14 at 104,357 units against 121,367 units in HY1 FY 2012-13. This is a clear evidence of new wave ripples created by foreign OEM’s like Ford and Renault are clearly taking on the market.
  • Maruti Suzuki’s figure in this segment is not encouraging as they registered 35% drop while Tata Motor’s state in overall passenger segment is exposed by a 48% decline in sales.

Mahindra leads the segment with 43% for HY1 FY 2013-14, but got reduced from 47% in HY1 FY 2012-13. Renault holds 10% share in this segment while Ford captured 8% market share.

Van Segment

  • In Van segment Maruti sales fall by 21% for HY1 FY 2013-14 at 46,967 units sold against 59,166 units in HY1 FY 2012-13.
  • Tata Motors registers 5% growth while Mahindra vans post 4% decline for HY1 FY 2013-14 sales in comparison with HY1 FY 2012-13.

Company – SIAM, ACG

Autobei Consulting Group

‘Autobei Consulting Group (ACG) ’ is a management consulting group which has leveraged on its expertise and proprietary databases to provide "Customized Solutions" in areas such ‘Sales Analysis’, ‘Business Planning’, ‘Market assessment’ and ‘Project Feasibility’ on Global Automotive Industry. Autobei Consulting Group (ACG) make use of the expertise and vast experience to deliver Cutting Edge Research Solutions.

One Comment

Leave a Reply

Your email address will not be published. Required fields are marked *