Hyundai India Car Sales – April 2010
Hyundai Motor India Ltd.(HMIL), 2nd largest car manufacturer in India, recorded a hike of 28.1% in its domestic sales segment for the month of April 2010. The company sold 28,501 units in April 2010 as compared to 22,247 units in April last year. HMIL total sales stand at 52,020 units as compared to 44,370 units in the same period for the year 2009.
"HMIL's positive performance is a reflection of its strong product portfolio. The recently launched refurbished i20 has further strengthened its position, as it has received a tremendous response from the market and has become the growth driver for the segment," HMIL Director (Marketing and Sales) Arvind Saxena said.
The segment-wise cumulative sales for April are: A2 segment (Santro, i10, Getz and i20) 46,059 units; A3 Segment (Accent and Verna) 5,944 units; A5 Segment (Sonata Transform) 17 units; and SUV Segment (Tucson) 0 units.
[Via: ICB]
Mercedes Benz Car Sales – April 2010
Mercedes Benz India today announced a sale of 321 units in April 2010 taking the cumulative sales for January- April 2010 to 1603 units. This marks a growth of 80% as compared to April 2009 and 69% as compared to Jan- April 2009. In Jan-April 2010 the New E-Class (powered by 4 engines E350, E 350CDI BlueEFFICIENCY, E250, E250CDI BlueEFFICIENCY) continued to lead the segment and registered 139% growth, while the C-Class reinforced its popularity registering a growth of 32% over Jan-Apr 2009. The SUV's from the Mercedes stable has received an overwhelming response. In Jan-April 2010 the company sold a total of 92 units of GL-Class and M-Class. In contast there were 55 units sold during the same period in 2009.
Dr. Wilfried Aulbur, Managing Director and CEO of Mercedes-Benz India commented: "Our intensive customer engagements, aggressive product introductions coupled with deep network penetration and focus on customer delight have ensured that we are the preferred choice for luxury car aficionados. Our sales numbers reflect our traction with the market."
Mercedes-Benz started the year with the presentation of the SLS AMG at the Auto Expo 2010. In the past four months the company continued its aggressive product launch plans with12 new products introduced since January 2010. The Mercedes lifestyle quotient was further enhanced with the 10th edition of the Mercedes-Trophy (15 cities, 1800+ participants) and Mercedes' association with Manish Arora ensured exciting fashion evenings with his unique couture "Fascination Collection" inspired by Mercedes. The recently introduced "StarDrive Experience" across 4 major cities combines driving experience with simulation of critical road situations while the multi-city "Fascination Showcase" provide an exposure of the entire range of Mercedes-Benz cars for customers and prospects across tier II & III cities in India. With an investment of over 200 crores in network, Mercedes-Benz is now present in 26 cities with 55 touch points, the largest for any luxury player in India.
[Via: ICB]
Skoda Auto India Quarter One Sales Jump 213%
SkodaAuto India , a fully owned subsidiary of SkodaAuto A.S., Czech Republic and one of the most promising automobile companies in India, today announced a sales growth of 213% for quarter ending March'10 over the same period last year. The year 2010 has commenced with remarkable momentum as SkodaAuto India's total sales for Q1 2010 stood at 5510 units2585 units for the same period last year. This milestone achievement reflects ŠkodaAuto's commitment towards India through our leading technology, superior built-quality and valuable services which enhance the ownership experience for our customers.
The success is also a result of the efforts that ŠkodaAuto has taken to manage customer expectations in the after sales area in service along with improving the cost of ownership for the customers with the introduction of service at 15,000 Kms and 2 years warranty on spares. The introduction of Boutiques customer touch points in Delhi, Mumbai and Kolkata has generated a huge word of mouth among the target customer segments. ŠkodaAuto India plans to open a total of 15 such facilities by 2010. ŠkodaAuto India also actively engages its customers and prospects via social media platforms online. Earlier this month SkodaAuto India introduced the all new Superb 1.8 TSI Petrol in Manual Transmission. It offers a lethal combination of the powerful TSI engine and an efficient 6-Speed Manual Transmission which not only gives better fuel efficiency (ARAI: 13.14 km/lit) but also improves the driving experience. With the launch of Superb 1.8 TSI MT Skoda is slated to retain its dominance in D segment.
Internationally, SkodaAuto registered a 25% sales growth for the Q1 2010. In March alone the firm posted record monthly sales in its history, selling 72,900 vehicles. The overall sales for Q1 2010 stood at 178901 cars. SkodaAuto is one of the fastest growing automobile companies worldwide. The car maker has a strong presence in Central & Western Europe; it is also extremely successful in emerging markets like China and India.
[Via: Infibeam]
2-wheeler sales in India – March 2010
Hero Honda - Hero Honda sold 414,638 units during March 2010, an increase of 14% over the 353,342 units sold during March 2009. Hero Honda also logged sales of over 4.6 million units during FY 2009-10, a growth of around 24% over the 3.7 million units sold during the previous fiscal. 'Our high growth rate, despite the large base of the previous year, is reflective of the great momentum in our business and the strength of our strategy that continues to yield exceptional results,' said Pawan Munjal, MD and CEO, Hero Honda Motors Ltd. 'With a number of new strategic initiatives in the pipeline, we enter the next fiscal with renewed optimism. We will aggressively expand our presence across new rural, urban and export markets. We are also looking at setting up our fourth plant in the near future,' added Munjal.
TVS Motor - TVS Motor reported a 24% growth in sales during March 2010, at 146,000 units, as compared to 118,000 units during March 2009. TVS sold 1,521,000 units during FY 2009-10, as compared to 1,325,000 units during the previous financial year. TVS' three-wheeler sales increased by 25% in March this year, at 126,000 units, as compared to 101,000 units during March 2009. Sales in the scooterette segment were up 50% in March 2010, at 28,504 units, as compared to 19,054 units in March 2009. TVS' motorcycles sales in March 2010 were up 7%, at 64,120 units, as compared to 59,796 units in March 2009. Exports during the month were up 23%, at 20,067 units, as against 16,340 units in March last year. Three-wheeler exports went up from 650 units in March 2009 to 2,431 units in March 2010.
Yamaha - Yamaha saw a 27% hike in sales during March 2010, at 27,460 units, as compared to 21,571 units during March 2009. During FY 2009-10, IYM sold 290,211 units (comprising of 223,307 units in the domestic market and 66,904 units sold overseas), a 44% increase over the 201,009 units during the previous fiscal. During March this year, IYM sold 17,892 units in the domestic market, as against 14,575 units during March 2009, an increase of 23%. Exports during the month went up by 37%, at 9,568 units, as compared to 6,996 units in March 2009.
Suzuki - Suzuki Motorcycle India Pvt. Ltd. sold 21,752 units during March 2010, a 76% hike over sales in March 2009.
Bajaj - Bajaj sold a total of 2.85 million units in FY 2009-10, the highest ever in its history. This includes exports of nearly 900,000 units, also the highest ever in the company's history. The company sold 808,929 units during January-March 2010, an 84% increase over the sales figures for Q4 in the previous fiscal. Bajaj sold 244,828 motorcycles in March 2010, an 85% increase over the 132,253 units sold in March 2009. Three-wheeler sales during the month, at 29,344 units, were up 37% over March 2009.
[Via: indiaautomotive]
Car sales in India, in March 2010
Audi - Audi India reported a jump of 36% in its sales for March this year, at 220 units, as against 162 units in March 2009. During January-March 2010, Audi sold 778 units in India, as compared to 384 units in the year-ago period. Audi is now looking at opening new dealerships across the country, in cities like Kolkata, Delhi, Mumbai, Jaipur, Chennai, Ludhiana, Lucknow, Coimbatore and Nagpur.
Maruti Suzuki - During March 2010, Maruti Suzuki sold a total of 95,123 units (79,530 units in the domestic market and 15,593 units overseas), an 11% increase over the 85,669 units sold in March 2009. Maruti sold 1,018,365 units in FY 2009-10 and this was the first time when an Indian car company sold over a million units in a financial year. The figure includes 870,790 units sold in the domestic market, and 147,575 units in exports. The A-Star (sold as the Suzuki Alto in markets other than India) continues to be Maruti's bestseller in overseas markets. By 2012, Maruti Suzuki plans to expand its production capacity to 1,250,000 units per annum. For this, the company has announced an investment of Rs 1,700 crore at its Manesar plant.
Ford - Ford India registered a 203% hike in sales during March 2010, at 9,478 units. The company has also netted 10,000 bookings for its all-new hatchback, Figo, which was launched two months ago. 'We are delighted at the initial response to Figo, and are incredibly proud to have struck such a positive chord with Indian consumers. The launch of Figo is the start of a transformed Ford in India,' said Michael Boneham, President and MD, Ford India.
Tata Motors - Tata Motors sold 27,761 units in the domestic market in March 2010, as compared to 23,649 units in March 2009. During March this year, Tata Motors sold 4,710 units of the Nano, 11,618 units of the Indica range, 7,537 units of the Indigo range, and 3,896 units of the Sumo and Safari range. The company sold a total of 234,930 passenger vehicles during FY 2009-10, as compared to 200,127 units in the previous financial year.
Mahindra - Mahindra & Mahindra Ltd. reported an increase of 16% in its domestic sales for March 2010, at 29,944 units as compared to 25,748 units in the year-ago period. During March this year, M&M sold 20,914 units of its utility vehicles (Scorpio, Xylo, Bolero and Pick-Ups), 351 units of the Renault Logan, and 7,695 units of three-wheelers and mini-trucks, including the new Gio and Maxximo. M&M's total sales in the domestic market, during FY 2009-10, stood at 286,713 units - an increase of 30% over the earlier fiscal. Exports during FY 2009-10, at 10,567 units, registered a 24% increase.
Hyundai - Hyundai Motor India Ltd. (HMIL) sold 31,501 units during March 2010 in the domestic market, a 27% hike over sales in March 2009. HMIL's total sales (including exports) for March 2010 stood at 55,035 units, as against 46,159 units in March 2009, an increase of 19%. HMIL sold 162,273 units during January -March 2010, an increase of 33.5% over the corresponding period in 2009. 'As we close the financial year, it is reassuring to see the market retain its buoyancy which was triggered by the Government's timely announcement of the stimulus package and the consequent reduction in interest rates for car finance,' said Arvind Saxena, Director - Marketing and Sales, HMIL. During March this year, Hyundai sold 50,175 units in the A2 segment (Santro, i10, Getz and i20), 4,276 units in the A3 segment (Accent and Verna) and 44 units in the A5 segment (Sonata Transform).
Yamaha Eyes Sales Growth In 2010
Yamaha India is aiming to attain a market share of 20% in the deluxe and premium segments by December, 2010. The company currently has a market share of 12% in the deluxe segment. The company's overall domestic market share is around 3.5%, which it now targets to take to 10% by 2012-end. Yamaha sold close to 2.2 lakh units last year and is targeting around 40% growth in 2010. The main growth will be from the FZ series. Yamaha sold 1.1 lakh units of its FZ series last year and is expecting to increase sales to 1.4 lakh units by the end of this year. The company also plans to scale up its dealership network to 450 from 427 at present across India by end of this year.
[Via: Motorbeam]
Bajaj Targets 4 Million Vehicles Next Fiscal
Bajaj India expects to close FY 2010 with sales of almost 2.9 million vehicles, the highest ever in its history. This includes exports of 900,000 vehicles, which is also the highest ever. In its Board meeting held on 24th March, 2010, Bajaj set itself a sales target of 4 million vehicles for FY 2011, representing a growth of almost 40%. This would include exports over 1 million vehicles.
For FY 2011, motorcycle sales are targetted at over 3.6 million vehicles, while commercial vehicles sales are targeted at about 400,000 vehicles. The Board also approved the expansion of total capacity to 5 million vehicles / year in anticipation of continued growth in the domestic and international markets in FY 2012. Staying with its brand centered strategy that is focussed on the Boxer, Discover, Pulsar, and RE brands, Bajaj is hopeful of achieving this sales growth while maintaining its industry leading EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) margins.
[Via: Motorbeam]
Jaguar Land Rover Delivers Robust Sales Figures
Jaguar and Land Rover sales have leaped up, boosting Tata Motors' performance in Q3. "Jaguar Land Rover has made a substantial profit of Rs 416.96-crore supported by better market environment and sustained cost reduction efforts," said Ravi Kant, Tata Motors' Vice-Chairman. Europe and the US market are already showing rise in demand and things have begun to look brighter already.
Jaguar sales for the month were 3,292, up by 55 per cent, while Land Rover sales were 13,905, up by 62 per cent. The total sales is still down by 16 percent where Jaguar is down by 26 percent y-o-y and Land Rover is down by 11 percent. Reuters report that Jaguar sales are slowly ready to leap back to pre-crisis sales figures once the global meltdown is over. "In the past, Jaguar built more than 100,000 vehicles per year. We can return to such levels once the crisis is over," David Smith told German weekly WirtschaftsWoche in an interview.
[Via: cartradeindia]
Toyota Reaches 4 Lakh Mark
Toyota India has been successful in attaining 4 lakh Mark in India. There are now four lakh Toyota cars in India. The company has achieved this mark in the 11th year of its tenure in India. Toyota is the world's largest carmaker by sales. And it plans to increase the Toyota dealerships from 93 to 150 by 2011. By 2011, the company will launch a small car and for its launch the second production plant would be set up in Bangalore at an investment of Rs 3,200 crore.
Sandeep Singh, Toyota Kirloskar Motor (TKM) Deputy Managing Director (Marketing), said in a statement that it is a big step for the auto market and the company. Toyota, which is present in India through a joint venture with the Kirloskar Group, currently sells Toyota Prado and Toyota Land Cruiser, Toyota Corolla Altis, Toyota Camry, Toyota Fortuner and Toyota Innova. Toyota Prius is expected to be showcased in Auto Expo 2010.
[Via: Cars India
Bajaj XCD 125 Has Been Discontinued
It is farewell time for the Bajaj XCD 125 , the executive commuter bike that was launched way back in September 2007. This is the second bike that the Pune-based manufacturer has phased out in the last three months, the first being the Pulsar 200 DTS-i.
The reason behind this move was to make way for the slightly bigger and more powerful XCD 135 which was launched way back in February this year. Bajaj decided to pull the plug on the smaller model when its sales dipped below 20000 units a month as compared to the 50000 units expected of it by the company. In contrast, the XCD 135 sold 10,000 units in the first two weeks after its launch.
Commenting on this move, a Mumbai-based analyst stated "Bajaj had launched too many models in the market without many differentiating factors between the bikes. The company always had the option to lower or even completely stop the production of one bike and increase the other, depending on the demand". The company is now planning to concentrate only on the Discover and Pulsar brand in the entry to premium segment while containing the Platina and Avenger within these core groups.
[Via: BIKE Magazine]