Early Sales Reckoner – June 2014

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June sales dispatch numbers are off to an explosive start with Maruti-Suzuki reporting a 31.1% increase in dispatches.

Update 1 at 3 40 pm, 1st July 2014: Added Mahindra, Nissan, GM India, Hyundai and Honda numbers

Even more encouraging, the Mini segment has regained its mojo with a 52% increase in dispatches.

Numbers also looked great for the Vans segment, as dispatches of MSIL’s hard-top vans jumped 42.5% from previous June.

Early Sales Reckoner June 2014 v3

 

 

Mahindra disappointed with its numbers but it wasn’t a washout. The company managed to hold on to its volumes from last year, dispatches declining by only 2.6%.

Hyundai had a good month with the Xcent small sedan and the Grand i10 hatchback providing momentum. The company reported a 9.5% improvement in dispatches.

Honda is still enjoying the success of the Amaze and the warm response to the New City. Dispatches improved by 75.5% for the company.

It was also a good month for Nissan / Datsun as the two brands saw a 47.9% jump in dispatches, riding the initial popularity of the Datsun Go hatchback.

However, GM India is still facing all sorts of trouble as dispatches declined 21% from previous years.

Trouble also stays with Tata Motors as the brand saw a whopping 33% decline in dispatches in the month.

While it did manage to end in the positive zone, Ford needs to worry about its sales numbers. In a month when the market leaders managed double digit growth, Ford managed only 1.6% increase in dispatches.

Toyota had a good month and saw a 9.1% increase in dispatches.

Overall the passenger vehicle market is 17.7% up as we await numbers from the Volkswagen group companies and some smaller brands. We expect the overall market to end up 15% up from previous June.

Which would be a stellar performance by any measure.

 This post would be updated multiple times in the next 72 hours.

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