Gallops Group : The Prominent Star of the Indian Automotive Retail World

Gallops Group : The Prominent Star of the Indian Automotive Retail World

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by WAF Think Tank 

 

Back in 2004, the Indian Automotive Retail segment was still burgeoning and far from being an organised one. There were just a handful of Multi Outlet Dealership Groups.

Several Car makers like VW, Renault, Jeep, Citroën, MG, Kia, BMW, Audi were yet to set up shop.

Around the same time, a compact showroom of General Motors came up at Ahmedabad almost like a test and try experiment on SG Highway. This road was at the City’s outskirts during those days but later transformed to be the most happening Motown District, Retail & Real Estate Hub of Ahmedabad.

Continue reading “Gallops Group : The Prominent Star of the Indian Automotive Retail World”

One Moto’s Launch in India turns out to be tremendous success

One Moto’s Launch in India turns out to be tremendous success

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Hyderabad (Telangana) [India], November 20 (ANI/NewsVoir): With the stupendous response to the Launch especially for dealerships, One Moto has made a grand entry in India.

Onr Moto has launched its vehicles for booking in India on the 18th of November 2021 in a Virtual Launch presided by the One MOto Global CEO, Adam Ridgeway, and the Indian founders Muzammil Riyaz & Sameer Moidin. Continue reading “One Moto’s Launch in India turns out to be tremendous success”

October 2021 Vehicle Registration Data

October 2021 Vehicle Registration Data

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On a YoY basis, total vehicle retails for the month of October’21 decreased by -5.33% as per the data released by FADA. When compared to October’19 (a regular pre-covid month), overall retails continue to fall by -26.64%. On a YoY basis, 3W was up by 74% and CV was up by 26%. 2W, PV and Tractors fell by -6%, -11% and -21% respectively.

 During the 42 day festive period, total vehicle retails were down by -18% YoY. Except for 3W and CV, which were up by 53% and 10%, all the other categories were in red with 2W, PV, and Tractors down by -18%, -26%, and -23% respectively. This was the worst festive season in a decade for Auto Dealers as semi-conductor shortage in PV and low demand for entry-level 2W segment kept the celebrations at bay.

Continue reading “October 2021 Vehicle Registration Data”

Maruti beats Hyundai, to become Number 1 UV OEM this FY 21-22 YTD.

Maruti beats Hyundai, to become Number 1 UV OEM this FY 21-22 YTD.

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The Indian UV segment is not only the fastest-growing segment of the Indian PV Industry, it is also the largest segment. It is now ahead of the hatchback segment with over 39.7% market share of the Indian PV segment.

On the volume front, it has crossed the 7.6 Lakhs mark YTD with 69% growth. More than 85% of the recent new car launches have been dedicated to the UV segment. This segment is where the entire PV Industry’s action is. Continue reading “Maruti beats Hyundai, to become Number 1 UV OEM this FY 21-22 YTD.”

Is your electric car as eco-friendly as you thought?

Is your electric car as eco-friendly as you thought?

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BERLIN, Nov 10 (Reuters) – Electric vehicles (EVs) are a powerful weapon in the world’s battle to beat global warming, yet their impact varies hugely from nation-to-nation and in some places they pollute more than gasoline models, data analysis shows.

In Europe, where sales are rising the fastest in the world, EVs in Poland and Kosovo actually generate more carbon emissions because grids are so coal-reliant, according to the data compiled by research consultancy Radiant Energy Group (REG). Continue reading “Is your electric car as eco-friendly as you thought?”

Countries, cities, carmakers commit to end fossil-fuel vehicles by 2040

Countries, cities, carmakers commit to end fossil-fuel vehicles by 2040

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GLASGOW, Nov 10 (Reuters) – (This November 10 story corrected to read Volvo Cars in bullet point, paragraphs 9 and 12)

A group of countries, companies and cities committed on Wednesday to phasing out fossil-fuel vehicles by 2040, as part of efforts to cut carbon emissions and curb global warming. Continue reading “Countries, cities, carmakers commit to end fossil-fuel vehicles by 2040”

Exclusive: Global carmakers now target $515 billion for EVs, batteries

Exclusive: Global carmakers now target $515 billion for EVs, batteries

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Nov 10 (Reuters) – Global automakers are planning to spend more than half a trillion dollars on electric vehicles and batteries through 2030, according to a Reuters analysis, amping up investments aimed at weaning car buyers away from fossil fuels and meeting increasingly tough decarbonization targets.

Less than three years ago, a similar analysis by Reuters found car companies planned to spend $300 billion on EVs and related technologies. But looming zero-carbon mandates in cities such as London and Paris and countries from Norway to China have lent additional urgency to the industry’s EV-related investment commitments. Continue reading “Exclusive: Global carmakers now target $515 billion for EVs, batteries”

Only 5 Car Manufacturers cross 1lakh this FY 21-22 YTD. Maruti, Hyundai, Tata, Mahindra & Kia.

Only 5 Car Manufacturers cross 1lakh this FY 21-22 YTD. Maruti, Hyundai, Tata, Mahindra & Kia.

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In an auto Passenger Vehicle Segment with more than 15 fiercely competitive players, we have only 5 car Manufacturers who have crossed the 1 lakh mark this Financial year. Cumulatively these 5 contribute to more than 83% of the PV Industry.

The Indian Passenger Vehicle Industry has seen a total volume of about 16,44,909 this financial year till date, ( April to October ). This was a strong performance despite the lockdowns and other challenges, the volume growth stood at 4,33,110 units when compared to the last year till date volume of 12,11,799

Keeping Workforce Safe and Businesses Running in the Next Normal

Keeping Workforce Safe and Businesses Running in the Next Normal

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Join us for a WAF Webinar aka WAFinar on this pertinent Theme 

1. As the things have begun to open up, can we afford to go back to “Old Normal” from the “New Normal” ?

2. Is there a “Next Normal” we need to adopt ?

3. Is Double Vaccination enough to stop the Corona Virus ?

4. Do High Antibodies ensure one can lower the mask?

5. What are the precautions in the New Normal to ensure Workforce stays Safe and Business is Better than “Usual” ?

6. How does this connect and harmonise with our Organisation Culture, Ethos and line of business

Continue reading “Keeping Workforce Safe and Businesses Running in the Next Normal”

October 2021 Car Sales – Snapshot

October 2021 Car Sales – Snapshot

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Around 2,60,067 passenger cars were sold in the Indian market for October 2021. The sales dropped a massive 22.1 percent YoY. The shortage of semiconductors crippled the entire supply chain during the festive season and the drop in dispatches has hit both the OEMs and PV dealers hard.

 The demand for cars has been on the rise post-covid and the new model launches from the OEMs have kept the buzz on among the car buyers. The need for personal mobility and increasing economic activity ensured that the passenger vehicle sales bounce back strongly. Hence, Passenger Vehicle sales saw an upward trend in the first half of FY2021-22 and the sales shot up an impressive 57.7% when compared to the same period in H1 FY2020-21 (source). However; the shortage of semiconductor chips hit the supply scenario hard and the OEMs grappled with production constraints.

Continue reading “October 2021 Car Sales – Snapshot”

Tata Motors to raise $1 BN in its Passenger Electric Vehicle business at a valuation of up to $9.1 BN from TPG Rise Climate

Tata Motors to raise $1 BN in its Passenger Electric Vehicle business at a valuation of up to $9.1 BN from TPG Rise Climate

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Tata Motors Ltd (TML) and TPG Rise Climate have today entered into a binding agreement whereby TPG Rise Climate along with its co-investor ADQ, shall invest in a subsidiary of Tata Motors that will be newly incorporated. TPG Rise Climate along with co-investors shall invest Rs 7,500 Cr in compulsory convertible instruments to secure between 11 % to 15 % stake in this company translating to an equity valuation of up to $9.1 bn.

The new company shall leverage all existing investments and capabilities of Tata Motors Ltd and will channelise the future investments into electric vehicles, dedicated BEV platforms, advanced automotive technologies and catalyse investments in charging infrastructure and battery technologies. Over the next 5 years, this company will create a portfolio of 10 EVs and in association with Tata Power Ltd, catalyse the creation of a widespread charging infrastructure to facilitate rapid EV adoption in India.

Continue reading “Tata Motors to raise $1 BN in its Passenger Electric Vehicle business at a valuation of up to $9.1 BN from TPG Rise Climate”

Segmentwise Car Sales for September 2021 – SUVs dominate yet again!

Segmentwise Car Sales for September 2021 – SUVs dominate yet again!

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SUV sales have risen to an all-time high in the Indian market and almost all the OEMs have an offering in the SUV category. Both Compact and Mid SUV segments have grown considerably and are now easily outselling the hatchbacks/sedans. Almost all new launches in the past year have been in the segment and even the recent launches (Taigun, XUV700, Astor, etc) signifies on how the automakers are eyeing this segment.

 In Sep’21, Mid SUV segment emerged as the highest-selling segment and also recorded positive YoY growth. Mid SUVs hit the right spot in terms of the increasing demand among consumers and also have a profitable proposition for the automakers as it is a high-margin segment. The sudden influx of new models in the segment is the testimony of how all OEMs are rushing to make a presence here.
September 2021 Car Sales – Snapshot

September 2021 Car Sales – Snapshot

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Around 1,85,636 passenger cars were sold in the Indian market for September 2021. The sales dropped a massive 36.6 percent YoY and fell 28.5 percent MoM. The shortage of semiconductors crippled the entire supply chain right before the festive season and the drop in dispatches have hit both the OEMs and PV dealers hard.

 Car sales have been on the rise this year and had given hopes that the Industry would register record volumes in the festive season. The need for personal mobility, strong financial growth in urban pockets, and better monsoons this year ensured good momentum in the market with improved buying sentiment. But the supply chain hurdles including the widespread chip shortage have been a big challenge right now for the industry.

Continue reading “September 2021 Car Sales – Snapshot”

Electrifying 2 Wheelers, 3W, and Logistics – Opportunities and Caveats

Electrifying 2 Wheelers, 3W, and Logistics – Opportunities and Caveats

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By WAF Think Tank 

 

Two- and three-wheeler vehicles are likely to lead the transition to electric technology in India during the coming decade as the cost difference with combustion engine vehicles is narrowing and these vehicles can harness ‘battery swapping’ along with public charging infrastructure, according to the current industry predictions and so it was that the WAF Gurus Live Episode 22- powered by One Moto India was held virtually recently in which Gurus of the auto and mobility industry across discussed this very issue – Electrifying 2 Wheelers, 3W, and Logistics – Opportunities and Caveats.

 

As the number of EVs increases, there is a need to have a well-defined end-of-life (EOL) strategy for the batteries removed from EVs as part of collective efforts to ensure EV industry is truly green and eco-friendly. The end of life for a battery is exactly that – the moment where the battery reaches the end of its usefulness and/or lifespan and can no longer operate at anywhere close to the peak capacity that you once enjoyed. Recycling has been proposed as the EOL option for the EV batteries, but there are many issues that make recycling less justifiable, and this episode laid out those issues and discussed the alternate and appropriate EOL option.

Continue reading “Electrifying 2 Wheelers, 3W, and Logistics – Opportunities and Caveats”

England to be first country to require new homes to include EV chargers

England to be first country to require new homes to include EV chargers

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Specifically, all new homes and offices will have to feature “smart” charging devices that can automatically charge vehicles during off-peak periods

IANS  |  London

 

The British government will introduce legislation in 2021 that will require all newly built homes and offices to feature electric vehicle chargers in England, the media reported.

Specifically, all new homes and offices will have to feature “smart” charging devices that can automatically charge vehicles during off-peak periods.

 New office blocks will need to install a charge point for every five parking spaces, Electrek reported.

Continue reading “England to be first country to require new homes to include EV chargers”

WAF Gurus WAFinar on Next Gen Apps in Automotive & Mobility

WAF Gurus WAFinar on Next Gen Apps in Automotive & Mobility

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WAF gets together the finest Tech Leaders of the Industry to share their thoughts on the Next Gen Apps at Auto & Mobility

•The Top CIOs of the Industry about to get together 

•Tech, Digital are disrupting and transforming Auto & Mobility faster than ever before!

•Attendees shall get 1 month of WAF CXO Jobs Service Completely Free 

 

Continue reading “WAF Gurus WAFinar on Next Gen Apps in Automotive & Mobility”

August 2021 Vehicle Registration Data – India

August 2021 Vehicle Registration Data – India

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As per the data released by FADA, total vehicle retails for the month of August’21 rise by 14.48% on a YoY basis.

When compared to August’19 (a regular pre-covid month), retails are still down by -14.75%. On a YoY basis, all categories were in green with 2W up by 6.66%, 3W up by 79.70%, PV up by 38.71%, Tractor up by 5.50%, and CV up by 97.94%.

Both Tractors, as well as PVs, continue to see robust demand as they grow by 35.98% and 31.67% when compared to August’19, a pre-covid month.

 

August 2021 Car Sales – Snapshot

August 2021 Car Sales – Snapshot

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Around 2,59,555 passenger cars were sold in the Indian market for August 2021. The sales shot up by 10.9 percent YoY and fell 11.8 percent MoM. The OEMs struggled to provide a steady supply of cars due to the dearth of semiconductor availability and impacted the overall volumes.
August marked the beginning of the festive season with Onam (biggest festival in Kerala) and Varamahakshmi (celebrated in parts of South India). The passenger cars sales saw a strong rebound in the past 3 months but was jolted by the unavailability of critical parts and hit the dispatches hard. Majority of OEMs recorded a decline in Aug’21 sales when compared to July’21. India’s biggest automaker Maruti Suzuki recorded a drop of over 30 percent in Aug’21 v/s July’21.
Maruti’s RC Bhargava, TVS Motor’s Venu Srinivasan call for ‘concrete action’ to revive auto sector

Maruti’s RC Bhargava, TVS Motor’s Venu Srinivasan call for ‘concrete action’ to revive auto sector

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New Delhi, Aug 25 (PTI) Auto industry leaders, RC Bhargava of Maruti Suzuki India and Venu Srinivasan of TVS Motor, on Wednesday hit out at government officials for only paying lip service to the sector and not taking any “concrete action” to reverse the decline in growth over the past few years.

Speaking at industry body SIAM”s 61st Annual Convention, the veteran industry leaders wondered if contribution of the auto industry towards India”s growth is being recognised and lamented that cars seem to be still considered as luxury, that only the rich could afford.

“We have been going through a situation where this industry has been declining over a long period of time,” Bhargava, who is the Chairman of the country”s largest carmaker Maruti Suzuki India, said.

Continue reading “Maruti’s RC Bhargava, TVS Motor’s Venu Srinivasan call for ‘concrete action’ to revive auto sector”

WAF Gurus Live 22 on Electrifying 2W, 3W and Logistics. Opportunities & Caveats

WAF Gurus Live 22 on Electrifying 2W, 3W and Logistics. Opportunities & Caveats

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Hello MG, AI Inside

Hello MG, AI Inside

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By WAF Editorial Team 

•MG introduces Astor SUV With India’s first Personal AI Assistant And first-in-segment Autonomous Level 2 Technology

•Astor name derived from an aircraft of the Royal Air Force (RAF), UK

•After creating history with “Internet Inside” just 2 years back, MG Motor India takes it to the next level with “AI Inside”

 

MG Motor India, has unveiled the industry-first personal AI assistant and first-in-segment Autonomous Level 2 technology, to be featured in their upcoming mid-size SUV – Astor. MG aims to further its auto-tech focus by building on the concept of Car-as-a-Platform (CAAP) of possibilities and services.

MG is working on emerging technologies like Artificial Intelligence (AI) to enable the development and application of services and subscriptions to support the ‘on-demand in-car’ needs of the customers. Astor is the first car to get a personal AI assistant in the company’s global portfolio.

Continue reading “Hello MG, AI Inside”

Volkswagen begins Production of the Taigun, sets several hearts racing

Volkswagen begins Production of the Taigun, sets several hearts racing

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by WAF Editorial Team

 •Volkswagen India has begun the production of the Taigun at its state of the art Chakan plant at Maharashtra, India  

•Powered by the globally renowned Volkswagen TSI engine

•The Prowess of German Engineering with upto 95% Localisation. Best of both the Worlds!

•Start of deliveries in Sept as customers eagerly await…

 

It’s time for the most important launch of Volkswagen India this year. At the beginning of 2021, the year had been declared as the #YearofTaigun and #SUVW !

Teams at VW India, their suppliers and network have all gone beyond the call of their duty despite the pandemic to conceptualise, plan, produce and realise the Taigun.

Yes, the Taigun shares the MQB AO IN platform with its sibling, Skoda Kushaq but it comes with several more bells and whistles and the incredible VW Brand!

Continue reading “Volkswagen begins Production of the Taigun, sets several hearts racing”

Use of AIs in the Automobile Industry

Use of AIs in the Automobile Industry

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Lucy Rana, Renu Bala

S.S Rana & Co.  8 min read

 

Artificial intelligence has been consistently transforming various industries across the world. However, the Automobile Industry is one, which has arguably seen the most developments in its processes and practice, due to development in AI. AI, for quite some time now, is being applied in different parts of the automotive value chain. AI is being used in the designing, manufacturing, production and post-production process.

Every facet of this industry is being benefited by this transformative technology. Furthermore, the most debated aspect of AI i.e its use in ‘driver assistance’ is quickly gaining momentum in different parts of the world – with Tesla inarguably being one of the modern pioneers of this aspect of AI.

Level 1 and Level 2 autonomous vehicles along with parking assistance and cruise control are gaining popularity for their use of AIs. If the current pace is maintained, within the upcoming 8-10 years, AI technology would be present in a majority of automotive applications and by the end of 2030, it is expected that 95-98% of new vehicles would have AI to some extent[1].  Autonomous vehicles are those that use artificial intelligence in some or all areas of functioning.

Level 1 vehicles include driver assistance, Level 2 includes partial automated driving, Level 3 incorporates conditional automated driving while level 4 & 5 cars have high/full automated driving. In light of such developments, it is not in the realm of the impossible that in the coming years, vehicles may be known by their software providers as opposed to being known by their hardware manufacturers. Many popular software based companies such as Google, Amazon, Uber have stepped into the realm of autonomous vehicles. One can look forward to observe the fascinating solutions that AIs could introduce to traditional problems which could even transform the functioning of the entire automotive sector.

Continue reading “Use of AIs in the Automobile Industry”

July 2021 Car Sales – Snapshot

July 2021 Car Sales – Snapshot

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3 min read

 

Around 2,94,330 passenger cars were sold in the Indian market for July 2021. The sales shot up by 48.9 percent YoY and 15.2 percent MoM. The OEMs were able to streamline supply before the festive season and the dispatches have happened accordingly.

 After the second wave of covid and lockdown across the country, there was a pent-up demand for passenger vehicles. The dealership stock levels were also low as many OEMs had plant maintenance shutdowns in parts of May’21. The production was ramped up significantly in July 2021 to serve the pent-up requirement and also prepare for the upcoming festivities. August marks the beginning of the festive season with Onam (biggest festival in Kerala) and Varamahakshmi (celebrated in parts of South India). The festivities will continue with Ganesha Chaturthi in Sep’21 and so on. This has led to adequate stocking levels across the channel.

Continue reading “July 2021 Car Sales – Snapshot”

Dealer Viability is the biggest concern of Auto Dealers across all segments of the Industry!

Dealer Viability is the biggest concern of Auto Dealers across all segments of the Industry!

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3 min read

 

Kia in 4W Mass, BMW & Mercedes in 4W Luxury, HMSI in 2-Wheeler, Bajaj in 3-Wheeler and VECV-Eicher in Commercial Vehicles hold Pole positions.

Federation of Automobile Dealers Associations (FADA), the apex national body of Automobile Retail in India today announced the outcome of Dealer Satisfaction Study 2021 results which was undertaken in association with PremonAsia, a consumer-insight led consulting & advisory firm based out of Singapore.

Continue reading “Dealer Viability is the biggest concern of Auto Dealers across all segments of the Industry!”

Morris Garages India turns 2 | What a Journey its been!

Morris Garages India turns 2 | What a Journey its been!

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by WAF Editorial Team 

 

•Morris Garages is a 97 years young Car Company. In India their entry or rather re-entry marks 2 years! 

•MG vintage and classic cars have been around with the Royal Families and Car aficionados at India

•In just 2 years they have established a great brand, launched internet cars, electric & hybrid cars and even semi autonomous ones

•They have won the hearts of several Indian consumers and earned lot of blessings through their philanthropic work under the MG Sewa Umbrella 

•Whew! All this and more in just 2 years and they are just getting started!

Continue reading “Morris Garages India turns 2 | What a Journey its been!”

COMMERCIAL VEHICLE ANALYSIS Q1: FY 2021-2022. Tata, Mahindra, Ashok Leyland, Maruti Suzuki & Others.

COMMERCIAL VEHICLE ANALYSIS Q1: FY 2021-2022. Tata, Mahindra, Ashok Leyland, Maruti Suzuki & Others.

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2 min read

 

The Passenger vehicles Industry registered a volume of about 1.05L units. This was a strong growth of about 74,164 Units over LY . The Industry growth was driven by Tata Motors which grew massively by more than 33,551 units. Followed by Mahindra which grew by 18,447 units and Ashok Leyland which grew by 13,175 units.

Continue reading “COMMERCIAL VEHICLE ANALYSIS Q1: FY 2021-2022. Tata, Mahindra, Ashok Leyland, Maruti Suzuki & Others.”

WAF Partners Niti Aayog & DST Govt of India for EV Battery and Connector Standardisation

WAF Partners Niti Aayog & DST Govt of India for EV Battery and Connector Standardisation

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by WAF Think Tank 

WAF is the Industry Outreach Partner of Niti Aayog & DST for EV Battery & Connector Standardisation Program for 2 & 3W

Are we bothered about the size & shape of fuel nozzle which fuels our IC Engine vehicle currently ? Its a no brainer question. It might have been a huge problem last century when we had graduated from horse carriages to Motor Vehicles.

The world owes a lot to the people who worked on the standardisation back then!

Now as we ring in the EV era, we need to make the size, shape and dimensions of the batteries, a no brainer for the generations to come.

Continue reading “WAF Partners Niti Aayog & DST Govt of India for EV Battery and Connector Standardisation”

VW Sarvottam 2.0 powering Customer Experience in a Sarvottam Way !

VW Sarvottam 2.0 powering Customer Experience in a Sarvottam Way !

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by WAF Editorial Team 

 

•Sarvottam is a hindi word and means The Best or The Best of the Best!

•As a run up to the most important year of #SUVW, the company wants nothing but the Best!

•Sarvottam 2.0 is a holistic program by VW India for the best and a memorable customer experience 

 

Sarvottam 2.0 stands on the 4 pillars of Accessibility

1. Accessible Brand

2. Accessible People & Network 

3. Accessible Product & Services

4. Accessible Information

Continue reading “VW Sarvottam 2.0 powering Customer Experience in a Sarvottam Way !”

This Financial Year 21-22: Q1 Analysis of Indian Auto Industry. [ UV/ Car/ Commercial /2W/3W]
Key Takeaways of 5th WAFit! 2021 AI in Action

Key Takeaways of 5th WAFit! 2021 AI in Action

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WAF

2 min read

 

Thought Leaders from Automotive and IT on one platform to create a Win-Win Future

The 5th WAFit (World Auto Forum on Information Technology) powered by FICCI and NASSCOM – Center of Excellence for IoT and AI, was held virtually on Saturday 26 June 2021. The theme of the conference was – AI in Action at Automotive & Mobility with thought leaders from Automotive and IT from across the globe sharing their views on how AI is being adopted by all important stakeholders in a Win-Win way. For attendees there was the three-pronged benefit of learning form Top AI Experts; earning the Prestigious WAF Certification as a Connected Vehicle Professional and getting Placement Assistance at WAF CXO Jobs.

Continue reading “Key Takeaways of 5th WAFit! 2021 AI in Action”

Indian Passenger Cars Sales Analysis – H1 2021

Indian Passenger Cars Sales Analysis – H1 2021

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2 min read

 

The passenger vehicle industry is on a strong recovery path due to pent-up demand and has posted strong wholesale volume in H1 of 2021, defying current economic sluggishness induced by the COVID-19 pandemic, and high price inflation – both – passenger vehicle and fuel. In fact, 2021 H1 is the second-best H1 year wholesale, after 2018, in the entire history of India.

Continue reading “Indian Passenger Cars Sales Analysis – H1 2021”

Sustainable Electrification | Lohum shows the way

Sustainable Electrification | Lohum shows the way

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by WAF Editorial Team 

•An innovative company on a mission to make EVs truly Green!

•An important step towards sustainable green mobility 

•Lohum Shows and leads the Way!

 

Are EVs in the current day and age really green ? We are well aware of the environmental damage due to mining of battery raw materials and Battery Disposal.

Battery seems to be the New Arms Race of Mobility. The Most desirable chemical of last decade has been Cobalt. Most Lithium Ion batteries have been Cobalt based albeit new tech burgeoning.

Continue reading “Sustainable Electrification | Lohum shows the way”

Top 25 Selling Cars in India for June 2021 – Over 58% of sales came from Maruti Suzuki!

Top 25 Selling Cars in India for June 2021 – Over 58% of sales came from Maruti Suzuki!

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2 min read

 

The Top 25 Selling Cars constituted over 80% of the cars sold in June 2021. It had 11 models from Maruti, 4 from Hyundai, 3 from Tata & Mahindra, 2 from Kia, and 1 each from Nissan & Ford. In terms of volumes, Maruti Suzuki models contributed to over 58 percent volumes in the Top 25!

Continue reading “Top 25 Selling Cars in India for June 2021 – Over 58% of sales came from Maruti Suzuki!”

Maruti Suzuki Sales Analysis for June 2021 – Wagon R, Swift, Baleno, Alto, Brezza

Maruti Suzuki Sales Analysis for June 2021 – Wagon R, Swift, Baleno, Alto, Brezza

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2 min read

 

Maruti Suzuki recorded domestic wholesales of 1,24,280 units in June 2021 and registered an increase of 278 percent compared to May 2021. The dispatches increased 142 percent in June 2021 vs June 2020.

 The figures are encouraging as even in June 2020 India had recovered from Covid induced lockdown and 2021 posed a similar scenario. Maruti Suzuki in particular ensured that the supply was streamlined and the May 2021 shortfall could be recovered to an extent.

Continue reading “Maruti Suzuki Sales Analysis for June 2021 – Wagon R, Swift, Baleno, Alto, Brezza”

The ‘Indian Pre-owned Car Market Study’ commissioned by Volkswagen India to Frost & Sullivan revealed that by FY2025 organized platforms will contribute 45% to the total pre-owned car market

The ‘Indian Pre-owned Car Market Study’ commissioned by Volkswagen India to Frost & Sullivan revealed that by FY2025 organized platforms will contribute 45% to the total pre-owned car market

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2 min read

 

  • Key driver to purchase a used car: 72% of the current owners indicated that the desire to own a car is the most dominant purchase driver
  • Most preferred variants amongst current and potential customers: There is high preference towards purchasing mid-variant models followed by top variant amongst both owners and intenders

Continue reading “The ‘Indian Pre-owned Car Market Study’ commissioned by Volkswagen India to Frost & Sullivan revealed that by FY2025 organized platforms will contribute 45% to the total pre-owned car market”

Top 5 Gainers in Market Share this Year 2021 – Tata Motors, Nissan, Hyundai, Mahindra & Honda

Top 5 Gainers in Market Share this Year 2021 – Tata Motors, Nissan, Hyundai, Mahindra & Honda

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2 min read

 

The Calendar Year 2021 had been entered with optimism, to say the least. We all would like to believe, be it personally or for the automobile sector, the worst is behind us. however, we still have a few challenges up our sleeves and should we fight together, we shall overcome this as well.

 Coming to the auto industry, the year 2021 by default will be a big volume year. We have had more than 48 days of lockdown last year, so should we work by the normal, we shall deliver a handsome growth over last year. So, for the year till date analysis, all of us would see handsome growth volumes because of the simple reason, last year April our wholesale of the entire auto industry was at Zero. Continue reading “Top 5 Gainers in Market Share this Year 2021 – Tata Motors, Nissan, Hyundai, Mahindra & Honda”
Two Wheeler Retail Sales,May 2021. Hero Leads the way, followed by Honda, TVS, Bajaj & Royal Enfield

Two Wheeler Retail Sales,May 2021. Hero Leads the way, followed by Honda, TVS, Bajaj & Royal Enfield

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2 min read

 

Two Wheeler retails in May 2021 fell by almost 110% when compared to April 2021. The second wave of COVID-19 across India has been detrimental for the two-wheeler industry. While the two-wheeler market was among the first segments to grow in a post-COVID revival last year, the decline in sales this year is even more worrisome as the rural markets have been impacted as well.

 May 2021 sales cannot be compared on a year-on-year basis as there was not much movement in the auto industry, hence we have compared the statistics with April 2021.

Continue reading “Two Wheeler Retail Sales,May 2021. Hero Leads the way, followed by Honda, TVS, Bajaj & Royal Enfield”

Indian Auto Industry Analysis- May 2021. [Cars+UVs+2Wheelers+3Wheelers] Domestic & Export Volumes.

Indian Auto Industry Analysis- May 2021. [Cars+UVs+2Wheelers+3Wheelers] Domestic & Export Volumes.

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2 min read

 

The Indian Auto Industry in total registered a production volume of about 8,06,755 units for the month of May 2021, this was a massive rise of over 4,67,267 over last year May 2020. Of course, one would attribute this to the low base of last year May 2020, due to the lockdowns and pandemic situation.

 Nevertheless, we experienced growth in both Exports and Domestic sales. The exports grew by 3,06,378 units. and the Domestic sales grew by 1,26,348 units. Clearly, OEM’s placed their bets on exports in the month of May, rather than the domestic market which was mostly closed.

Continue reading “Indian Auto Industry Analysis- May 2021. [Cars+UVs+2Wheelers+3Wheelers] Domestic & Export Volumes.”