Monthly Sales Analysis – September 2016

September 2016 sales numbers have been released by SIAM and the team at EMMAAA has analysed the numbers in detail.

September 2016 was yet another awesome month for Passenger Vehicles and Two wheelers as sales grew at high double digits. However, MHCVs continue to worry.

The monthly sales analysis is available as a PDF presentation. If you are a subscriber to the IAR mailer then you should be receiving the download link in your mailbox within the next few minutes. In case you are not, watch out for the pop up box on this website, inviting you to join our mailing list. It’s useful and it’s free.

Kindly do not email us – once you subscribe to the IAR mailer, you would be emailed links to download all the past sales analysis.




Monthly Sales Analysis – August 2016

August 2016 sales numbers have been released by SIAM and the team at EMMAAA has analysed the numbers in detail.

Another awesome month for Passenger Vehicles and Two Wheelers even though MHCVs continue to struggle.

The monthly sales analysis is available as a PDF presentation. If you are a subscriber to the IAR mailer then you should be receiving the download link in your mailbox within the next few minutes. In case you are not, watch out for the pop up box on this website, inviting you to join our mailing list. It’s useful and it’s free.

Kindly do not email us – once you subscribe to the IAR mailer, you would be emailed links to download all the past sales analysis.




Monthly Sales Analysis – July 2016

July 2016 sales numbers have been released by SIAM and the team at EMMAAA has analysed the numbers in detail.

In a nutshell, it was an awesome month for the Passenger Vehicles and Two-wheelers segment. At the same time, the MHCV segment would probably want to shrug this one off and move on.

The monthly sales analysis is available as a PDF presentation. If you are a subscriber to the IAR mailer then you should be receiving the download link in your mailbox within the next few minutes. In case you are not, watch out for the pop up box on this website, inviting you to join our mailing list. It’s useful and it’s free.

Kindly do not email us – once you subscribe to the IAR mailer, you would be emailed links to download all the past sales analysis.




Monthly Sales Analysis – June 2016

June 2016 sales numbers have been released by SIAM and the team at EMMAAA has analysed the numbers in detail.

With Maruti-Suzuki forced to close its plants for about nine days, June Passenger Vehicle dispatch numbers had no hope of delivering any growth. We did see a minor fall in dispatches and had it not been for the plant closure at MSIL, we might have been in the positive zone.

Things were bad for some Commercial Vehicles segments as Buses and MCVs took a break.

The two-wheeler segment had a good month with Scooters delivering extraordinary strong growth numbers. Even the volume segment in Motorcycles delivered a small improvement in dispatches.

The monthly sales analysis is available as a PDF presentation. If you are a subscriber to the IAR mailer then you should be receiving the download link in your mailbox within the next few minutes. In case you are not, watch out for the pop up box on this website, inviting you to join our mailing list. It’s useful and it’s free.

Kindly do not email us – once you subscribe to the IAR mailer, you would be emailed links to download all the past sales analysis.




Monthly Sales Analysis – April 2016

April 2016 sales numbers have been released by SIAM and the team at EMMAAA has analysed the numbers in detail.

April is a new start, a clean slate, for everyone. You, and your dealer, have rid yourselves of the ghost of the financial year ending and some inventory management is already taken care of. In light of this, most numbers in April looked quite good. Apart from Passenger Cars, most other segments reported good data.

Passenger Cars again faced a roadblock even as a heathy UV segment and a resurgent Vans segment ensured that Passenger Vehicles registered a 11% sales growth.

Things were better elsewhere. Commercial Vehicles continued to grow as per trend and even Small Trucks and Light Commercial Vehicles reported strong growth in dispatches.

The two-wheeler segment had a good month with Scooters delivering extraordinary strong growth numbers. Even Motorcycles in the volume segments saw a strong uptick in sales.

The monthly sales analysis is available as a PDF presentation. If you are a subscriber to the IAR mailer then you should be receiving the download link in your mailbox within the next few minutes. In case you are not, watch out for the pop up box on this website, inviting you to join our mailing list. It’s useful and it’s free.

Kindly do not email us – once you subscribe to the IAR mailer, you would be emailed links to download all the past sales analysis.




Monthly Sales Analysis – March 2016

March 2016 sales numbers have been released by SIAM and the team at EMMAAA has analysed the numbers in detail.

At times the March numbers are clerical work providing very little in terms of analysis. Over eager sales managers want to make their books look good and tend to dump inventory at dealer’s end. As a result, March often gets a big pop. This is then followed by some inventory correction in April.

Anyways…

Passenger Cars again faced a roadblock even as a heathy UV segment and a resurgent Vans segment ensured that Passenger Vehicles registered a 5.14% sales growth.

Things were better elsewhere. Commercial Vehicles continued to grow as per trend and even Small Trucks and Light Commercial Vehicles reported strong growth in dispatches. An anomaly was Medium Commercial Vehicles which saw a dip in dispatches.

The two-wheeler segment had a good month with Scooters delivering strong growth numbers once again. Even Motorcycles in the volume segments saw a strong uptick in sales.

The monthly sales analysis is available as a PDF presentation. If you are a subscriber to the IAR mailer then you should be receiving the download link in your mailbox within the next few minutes. In case you are not, watch out for the pop up box on this website, inviting you to join our mailing list. It’s useful and it’s free.

Kindly do not email us – once you subscribe to the IAR mailer, you would be emailed links to download all the past sales analysis.




Monthly Sales Analysis – February 2016

February 2016 sales numbers have been released by SIAM and the team at EMMAAA has analysed the numbers in detail.

The Passenger Vehicles segment continues to face hiccups and dispatches were up by only 1.29%. However, things are even more troubling when we go deeper inside.

Passenger Car dispatches were down 4.23% on a year-on-year basis as most brands took a breather. New model launches have helped maintain volumes for the leading players but new launches have effectively cannibalised older models. This month was exceptionally bad with even market leaders – MSIL & Hyundai – taking a breather and reporting decline in dispatches.

Even more worrying, Feb 2016 had one extra day to do business.

Overall Passenger Vehicle sales were salvaged  by the Utility Vehicles and Vans segments, which did well in comparison.

Things were better elsewhere. Commercial Vehicles continued to grow as per trend and even Small Trucks and Light Commercial Vehicles reported strong growth in dispatches.

The two-wheeler segment had a welcome month with Scooters delivering strong growth numbers once again. Even Motorcycles in the volume segments saw a strong uptick in sales.

The monthly sales analysis is available as a PDF presentation. If you are a subscriber to the IAR mailer then you should be receiving the download link in your mailbox within the next few minutes. In case you are not, watch out for the pop up box on this website, inviting you to join our mailing list. It’s useful and it’s free.

Kindly do not email us – once you subscribe to the IAR mailer, you would be emailed links to download all the past sales analysis.




Early Sales Reckoner – February 2016

We start the February 2016 Early Sales Reckoner with Maruti-Suzuki sales.

It seems they are the only ones who wake up early. Seriously guys, if you want to beat Maruti-Suzuki in India, start with at least matching them in their best practices like sending the sales press release at breakfast time on the first day of the month.

Anyways, it was not a good month for Maruti. The Jat agitation and the riots very close to Delhi affected production and would have affected sales at a few dealerships around Delhi. The result is that domestic dispatches were flat, ticking up by only 0.2% over previous Feb.

This becomes even more depressing when you check that February this year had one extra day.

The Mini segment suffered the most with a 11.2% drop in dispatches. This indicates that the Kwid is hurting MSIL finally.

On the Compact segment front, MSIL managed to hold on to the green. However, this essentially means that the Baleno has easily cannibalised 7-8k Swifts in the month.

The Super Compact and Vans segments continue to do well even with old products as MSIL faces very little demand in these segments. Its really an opportunity lost for all the global carmakers in India when they can’t even put together a competent product to rival a small Suzuki van from the 80s.

Ciaz dispatches in the Mid-Size segment were down, even though slightly.

The UV segment posted a 44.7% jump in dispatches as the S-Cross is still in the data honeymoon period. However, we do not see a big uptick in the S-Cross considering MSIL slashed the prices considerably.

 

Update 1 – Hyundai & Mahindra

Hyundai and Mahindra numbers are out and both have reported healthy growth. Mahindra has been buoyed by the newly launched KUV 100. The initial response to the tall hatchback is encouraging and Mahindra may be looking at a steady 5-6k units every month. Mahindra’s dispatches were up 26% in the month.

Hyundai continues with its strong run with the i20, i10 Grand, Creta and Xcent all going steady. This month saw  9% uptick in dispatches.

 

This post would be updated multiple times in the next 48 hours. Keep checking back.

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Monthly Sales Analysis – January 2016

January 2016 sales numbers have been released by SIAM and the team at EMMAAA has analysed the numbers in detail.

It’s a bad start to the year as Passenger Vehicles dispatches stayed flat vis-a-vis last year.

Passenger Car dispatches were down 0.6% on a year-on-year basis as most brands took a breather. New model launches have helped maintain volumes for the leading players but new launches have effectively cannibalised older models.

The UV and Vans segments did well in comparison, pulling up the overall Passenger Vehicle dispatches into positive zone.

Elsewhere, Scooters growth story is slowing down even though the segment still accounted for nearly 8% growth in dispatches. Meanwhile, the entry level commuter bike segment stays under duress as dispatches declined.

The monthly sales analysis is available as a PDF presentation. If you are a subscriber to the IAR mailer then you should be receiving the download link in your mailbox within the next few minutes. In case you are not, watch out for the pop up box on this website, inviting you to join our mailing list. It’s useful and it’s free.

Kindly do not email us – once you subscribe to the IAR mailer, you would be emailed links to download all the past sales analysis.




Early Sales Reckoner – January 2016

The year has started with a whimper as Maruti-Suzuki sales numbers were rather disappointing. The company dispatched 106383 units in January 2016, a 0.78% improvement over Jan 2015 dispatches of 105559 units. Almost all segments suffered a decline with only the incremental S-Cross numbers pushing the numbers into the positive zone. The S-Cross was also helped by the old warhorses Omni, Eeco and DZire Tour.

Mini dispatches were down 4.3% and Compact car segment dispatches were down 2.8%. This is worrying considering the Compact segment also includes incremental volumes of the Baleno. Considering the Baleno would be accepting for nearly 10,000 units, this signals a big fall in Swift volumes.

Also out are Mahindra numbers and there is a 12.85% jump in dispatches as the TUV 3oo and the KUV 1oo improved numbers.

 

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Monthly Sales Analysis – December 2015

December 2015 sales numbers have been released by SIAM and the team at EMMAAA has analysed the numbers in detail.

The trends of November 2015 have more or less carried through into December and we have diligently copy-pasted most of the text from the November 2015 sales analysis below.

It was a rather good month for the Passenger Vehicles segment but a muted month elsewhere. Truck sales growth slowed down even though most segments still recorded double-digit jump.

Elsewhere, Scooters slowed down considerably and the growth rate came down to very low single digit levels. Most motorcycle segments are also not doing well except for Big motorcycles (>250cc) which seem to be facing no problems in expanding their market. However, even there we can see signs of stress as everyone not named Royal Enfield saw a decline in dispatches.

The monthly sales analysis is available as a PDF presentation. If you are a subscriber to the IAR mailer then you should be receiving the download link in your mailbox within the next few minutes. In case you are not, watch out for the pop up box on this website, inviting you to join our mailing list. It’s useful and it’s free.

Kindly do not email us – once you subscribe to the IAR mailer, you would be emailed links to download all the past sales analysis.

 




Early Sales Reckoner – December 2015

We start the Early Sales Reckoner with Maruti-Suzuki dispatches for December 2015.

The company has recorded a 13.48% growth in dispatches and numbers look good all around. Mini segment dispatches were up 7.5% suggesting a slow recovery in the segment.

Compact segment did well with a 14% jump in dispatches. The new Baleno is adding to the volumes here and we reckon that most of the near 6000 units addition would be due to the new hatchback.

The Dzire tour continues to find traction in the taxi segment and volumes were up by more than 115%.

It was a slow month for the Ciaz and it looks like an inadvertent festive season surplus rocked back December dispatches by 24%.

Utility Vehicle dispatches were up by 59%, helped by the additional volumes of the S-Cross. At less than 3500 units in dispatches, the S-Cross continues to lag.

Van dispatches were flat with a minor uptick, impressive that MSIL continues to find generous volumes with its Omni & Eeco vans.

Update 1: Mahindra and Hyundai numbers are now in. Hyundai is on a roll and the Creta and i20 Elite are collective;ly steamrolling the opposition. Good design will get you places and these two products show why Hyundai has got it right. The i10 Grand and Xcent continue to provide good support.

Update 2: Ford managed a 58% increase in dispatches. With the EcoSport in play and two new models launched recently, the numbers are disappointing. It remains to be seen if the Figo+Aspire market response is lukewarm or Ford has production issues.

Tata’s dispatches dipped sharply in December and we are again left with question marks regarding the Tata brand’s viability in the passenger vehicle segment.

Meanwhile, Toyota dispatches dipped 11% in the month as festive season sales were below expectations.

This post would be updated multiple times in the next 48 hours. Keep checking frequently.

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Monthly Sales Analysis – November 2015

November 2015 sales numbers have been released by SIAM and the team at EMMAAA has analysed the numbers in detail.

It was a rather good month for the Passenger Vehicles segment but a muted month elsewhere. Truck sales growth slowed down even though most segments still recorded double-digit jump.

Elsewhere, Scooters slowed down considerably and the growth rate came down to very low single digit levels. Most motorcycle segments are also not doing well except for performance motorcycles which seem to be facing no problems in expanding their market.

The below slider consists of 15 slides, closely examining the performance of each OEM in every segment over the last four years for the month of November 2015.

To receive a PDF of the monthly sales presentations, kindly subscribe to IndiaAutoReport’s mailer service. Kindly do not email us, once you subscribe to the IAR mailer, you would be emailed links to download all the past sales analysis.




Early Sales Reckoner – November 2015

We start the day with Maruti-Suzuki numbers. The car market leader has had a good month statistically. MSIL has reported a 10.6% jump in dispatches. Looking deeper at the numbers, we realise that some of the segments had a sloppy month.

The Mini segment dispatches were down 4.7% perhaps due to the Renault Kwid. Compact segment has done well with a 19.5% jump in dispatches even though we were expecting better with the new Baleno adding up more volumes. It seems that a decent amount of cannibalisation is happening with the Baleno eating some of the Swift volumes.

In other segments, the DZire Tour records a healthy jump in dispatches while the Ciaz maintains its volumes. The Ertiga is still going steady and the Vans protect their turf.  However, the S-Cross is still below expectations.

Update 1: Mahindra’s numbers are in and have been helped by the TUV 300. Monthly dispatches are up nearly 36%, helped by the low base of the previous year as well. We feel that Mahindra’s monthly volumes have now bottomed out and new products would help the company to do better in 2016 than what it did this year.

Update 2: Honda and Hyundai numbers are in and first let’s look at the good ones. Hyundai sales were up 23% from previous year. At 43651 units, this was good performance from the Korean carmaker, helped by the success of the Creta SUV and the i20 Elite hatchback.

It wasn’t a great month for Honda as dispatches dipped 3.6% over previous year. Some of the individual numbers like that of the Brio and Mobilio looked p[lainright depressing but we will discuss them in detail in our Monthly Sales Analysis post.

Update 3: Most other brands have re;leased their numbers and its looking good overall. The overall market (Apart from Nissan+Datsun, Skoda and Chevrolet brands) is up 12.75% on dispatches. Renault and Ford had a good month – the French carmaker driven by the Kwid small car. Ford has the newly introduced Figo and Aspire compact cars in the market and they helped the brand register a 55% jump in dispatches.

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Monthly Sales Analysis – October 2015

September 2015 sales numbers have been released by SIAM and the team at EMMAAA has interpreted the numbers visually.

The below slider consists of 15 slides, closely examining the performance of each OEM in every segment over the last four years for the month of June.

To receive a PDF of the monthly sales presentations, kindly subscribe to IndiaAutoReport’s mailer service.




Early Sales Reckoner – Oct 2015

October 2015 is a blockbuster month whatever way you may look at it.

We have numbers from ten brands and the cumulative total is a 19% jump in dispatches on a year-on-year basis. Several factors helped last month, the most significant being a number of new models where inventory build up is happening right after the launch.

The Renault Kwid, Mahindra TUV 300, Maruti Baleno and the Ford Figo / Aspire are newly launched models where fresh dealer inventory creation has helped numbers. As a result, Renault dispatches were up 92%, MSIL up 24.7%, Mahindra up by 18.8%, and Ford dispatches were up by 49%.

We will analyse the numbers in detail in our detailed sales analysis around the 10th of the month.

 

Oct 2015 ESR .001




September 2015 – Monthly Vehicle Sales Analysis

September 2015 sales numbers have been released by SIAM and the team at EMMAAA has interpreted the numbers visually.

The below slider consists of 15 slides, closely examining the performance of each OEM in every segment over the last four years for the month of June.

To receive a PDF of the monthly sales presentations, kindly subscribe to IndiaAutoReport’s mailer service.




Early Sales Reckoner – September 2015

Data hides a lot of things and some times the devil is in the detail. On the surface everything looks calm for September sales and we have good news coming from most carmakers. However, scratch a little and there is ample pain in the market.

Starting with Maruti and the talking point is the S-Cross. MSIL release and media reports suggest that S-Cross dispatches were around 3600 units, not a fantastic opening for a crossover which is the entry of the carmaker into a premium segment.

Further, taking out the S-Cross’s 3600 units, the Ertiga seems to have dispatches of only 2700 units. That’s a spectacular crash for a model that was doing 5k+ every month without losing its breath. We hope its just an aberration for both the Ertiga and the S-Cross.

The other disappointment is Ford India. On the surface it had a 22% growth in dispatches. However, with three volume models and the EcoSport consistently doing about 3700 units every month, the Figo and Aspire dispatches seem to add up for only 4300 units. Again, we hope its just the starting hiccups in production.

Honda also had a 23% jump in dispatches but the Mobilio shows no signs of coming off ventilator support.

Tata managed to match its dispatches from previous year not a great act considering last year was already a dismal base.

Mahindra continued with the downtrend and saw a 7.5% drop in dispatches.

In the end, Hyundai India seems to be the only one nibbling market share away from everyone else, a fresh range seems to be doing the trick for the carmaker.

 

 

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August 2015 – Monthly Vehicle Sales Analysis

August 2015 sales numbers have been released by SIAM and the team at EMMAAA has interpreted the numbers visually.

The below slider consists of 15 slides, closely examining the performance of each OEM in every segment over the last four years for the month of June.

To request a PDF of the presentation, mail us at quickfire (at) emmaaa (dot) com

 

 




Early Sales Reckoner – August 2015

Its never a good start to the month when the market leader barely limps home.

MSIL had one of the worst months in recent times as Compact segment dispatches slumped by 11.3%. We doubt if the Celerio is meeting expectations and already the supplier community is hinting that Maruti Suzuki may not be able to meet RFQ volumes on the program. Even adding a diesel variant has done little.

However, MSIL salvaged the situation with the new S-Cross which joins the sales tally this month. Also helping maters was the Ciaz which is still going strong.

Unlike MSIL, Hyundai had a terrific month. The Creta has started off with a bang and the i20 Elite is still pulling in very strong numbers.

Ford had good numbers to show after many months as the Figo Aspire joined the sales tally. The new launch helped Ford notch up a 22.5% jump in dispatches.

Tata, Toyota and Volkswagen were all in the positive zone, all barely.

A surprising disappointment was Honda which saw a 6.6% dip in dispatches. The situation may have been worse if not for the new Jazz. The City did okay as well but the Mobilio is fast turning out a failure. This would be the second disappointment for Honda on the Brio platform and the brand will have to be careful with the packaging of the BR-V small SUV, also on the Brio platform.

With numbers from eight carmakers now in, domestic passenger vehicle dispatches are now up by 7.61%.

Aug 2015 early sales reckoner