As per the reports shared by FADA, Luxury Cars Retails in India for December saw an upward trend and grew by 19.7% when compared to December 2020. Luxury Car Sales is usually the highest in December and is a high sales month where OEMs continue to offer the best discounts to clear the inventory due to change of year. Hence the luxury car registrations is a clear indication of how the demand still persists and the economy too is on a positive note currently. Continue reading “Luxury Car Retail Sales Statistics for December 2021”
Top 25 Selling Cars in India for December 2021
The Top 25 Selling Cars constituted over 78% of the cars sold in December 2021. It had 11 models from Maruti, 4 from Tata, 3 from Hyundai and Mahindra, 2 from Honda, and 1 from Toyota & Kia each. In terms of volumes, Maruti Suzuki models contributed to just over 58 percent volumes in the Top 25!
8 out of Top 10 cars came from Maruti Suzuki’s stable. Maruti’s Wagon R retained the best-selling car title for December 2021. Tata and Hyundai have 1 model each in the Top 10 selling cars of December 2021.
Continue reading “Top 25 Selling Cars in India for December 2021”
December 2021 Car Sales – Snapshot
Around 2,54,270 passenger cars were sold in the Indian market for December 2021. The sales dropped by 8 percent YoY. However; the sales increased by a marginal 3.7 percent when compared to November 2021.
The semiconductor shortage still persists and is impacting the supplies accordingly. The OEMs also were cautious in terms of rationalizing dispatches in December 2021 considering the year-end. December 2021 was one of the worst Decembers for discount seekers/buyers as lower stock at the dealerships meant lower discounts for the end customer.
Tata Motors posted CY sales of 3,31,178 units in CY21, highest ever since inception!
Tata Motors has emerged as India’s second-largest manufacturer of passenger vehicles for the month of December 2021 by overtaking Hyundai! 2021 has been a stellar year for Tata Motors and the OEM has achieved several benchmarks in the Calendar Year – Continue reading “Tata Motors posted CY sales of 3,31,178 units in CY21, highest ever since inception!”
One Moto leads the race in EV domination, outshines competitors at Bengaluru EV Expo
Hyderabad (Telangana) [India], December 9 (ANI/NewsVoir): Optimizing on the successful launch of the One Moto EV’s in India, the EV’s were publicly put on display for the first time in India at the Green Vehicle Expo in Bengaluru from November 27-29 2021. With a massive turnout of over 15,000 people at the One Moto stall, the Expo has proven to be a major boost for One Moto Lovers with visitors crowding in for the viewing and information of the vehicles.
The EV’s have gained huge popularity among the crowd owing to their stylish designs and standout features. Among the major goals of One Moto India is to create a sustainable society that has the ease of adaptability. The charging capacities and the low carbon footprint that the EV’s yield have been the defining features for their popularity. Continue reading “One Moto leads the race in EV domination, outshines competitors at Bengaluru EV Expo”
November 2021 Car Sales – Snapshot
Around 2,45,262 passenger cars were sold in the Indian market for November 2021. The sales dropped by 14.3 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 industry recorded its worst festive season in the last decade due to the supply crunch.
India’s biggest OEM Maruti Suzuki stated, “The shortage of electronic components had a minor impact on the production of vehicles during the month. The shortage primarily affected the production of vehicles sold in the domestic market. The company took all possible measures to minimize the impact.” Continue reading “November 2021 Car Sales – Snapshot”
Gallops Group : The Prominent Star of the Indian Automotive Retail World
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
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
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.
Maruti beats Hyundai, to become Number 1 UV OEM this FY 21-22 YTD.
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.”
October 2021 Car Sales – Snapshot
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.
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 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.
Segmentwise Car Sales for September 2021 – SUVs dominate yet again!
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
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.
Use of AIs in the Automobile Industry
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.
July 2021 Car Sales – Snapshot
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.
Dealer Viability is the biggest concern of Auto Dealers across all segments of the Industry!
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.
COMMERCIAL VEHICLE ANALYSIS Q1: FY 2021-2022. Tata, Mahindra, Ashok Leyland, Maruti Suzuki & Others.
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.
This Financial Year 21-22: Q1 Analysis of Indian Auto Industry. [ UV/ Car/ Commercial /2W/3W]
2 min read
The Indian Auto Industry saw a total Volume of 31,80,039 units this Q1 for FY 2021-2022. This was almost double the LY volumes at a staggering 113.05% growth. The volume growth stood at 16,87,400 units against LY.
Key Takeaways of 5th WAFit! 2021 AI in Action
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
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”
Top 25 Selling Cars in India for June 2021 – Over 58% of sales came from Maruti Suzuki!
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!
Maruti Suzuki Sales Analysis for June 2021 – Wagon R, Swift, Baleno, Alto, Brezza
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”
This Year till Date 2021: Top 10 Cars in Growth. Hyundai Creta, Kia Sonet, Maruit Swift, Tata Nexon
2 min read
The Indian car Industry saw a decent run from January 2021 up to May 2021. However, the last month of May did throw the production out of gear and we experienced a dip in production last month. Despite the consistent lockdowns and halt in production, we are poised to grow this calendar year over 2020, and grow handsomely. June will see a strong comeback since the production has started at almost all OEMs. Another point to note is, the growth figures this year will seem high for the obvious reason that last year we had zero production in the month of April 2020, which means we are a full month ahead of last year.
Growth is an important Parameter, which shows how the product has got its appeal in the market. While it may not be very relevant for cars that have long established themselves and have a higher base over Last Year, it is still very relevant for all of us to look at which car has got a higher acceptance from the customers over the last year.
This year 2021 YTD: Maruti Retains Rank-1 followed by Hyundai, Tata & Kia. Top 5 Car Manufacturers
2 min read
The Indian car Industry saw a decent run from January 2021 up to April 2021. However, last month May did throw the production out of gear and we saw a dip in production last month. Despite the consistent lockdowns and halt in production, we are poised to grow this calendar year over 2020, and grow handsomely. June will see a strong comeback since the production has started at almost all OEMs. Another point to note is, the growth figures this year will seem high for the obvious reason that last year we had zero production in the month of April 2020, which means we are a full month ahead of last year.
WAF Gurus Live! 9 : How to Prevent and Fight Cyber Attacks
• India was the Most Cyber Attacked country last year for 3 months. Overall we have been second most, with USA topping the list.
• How to Prevent and Fight Cyber Attacks.
• Next up at WAF TV! 5 pm to 6 pm IST, 20 June 2020.
Watch Live at WAF TV !
Add Now to Your Calendar
Continue reading “WAF Gurus Live! 9 : How to Prevent and Fight Cyber Attacks”
