November 2020 car retail sales grew by just over 5 percent YoY
Post the flurry of sales through the ever dependable festive season, November 2020 saw most manufacturers maintain momentum through the month. As expected, Maruti Suzuki commands the lion’s share of retail sales at just under 50 percent. That’s half of all cars sold in India. No surprises there. MSIL is comfortable at that spot and share, and its performance at the top of the table is now a timeless one, repeated without any real threat, month after month.
Disclaimer: FADA retail numbers reported don’t include sales data from AP, MP, LD & TS as all these States/UT’s are not yet on Vahan 4. Vehicle Registration Data was collated on December 6,2020, in collaboration with MoRTH and GoI, and from 1,265 out of 1,472 RTOs. The festive season just concluded was dated from 17-10-20 till 28-11-20 this year, and 29-09-19 till 09-11-19 last year.
Kia Motors posts highest retail sales growth
MSIL retail sales grew 6.12 percent, up at 1,43,554 units from 1,35,272 units. Volume gain is reported at 8,282 units. Hyundai retail sales fell by 4.85 percent. Retail sales fell to 47,162 units, down from 49,565 units.
At second spot, HMIL holds 16.38 percent market share. Tata Motors retails are up 21,835 units at 61.57 percent, up from 13,514 units a year earlier at volume gain 8,371 units. Kia Motors established even more stability at 72.74 percent gain. Retail sales grew to 18,262 units, up from 10,572 units for volume gain of 7,690 units.
Mahindra, which was positioned brilliantly a year earlier, lost out last months. Retail sales fell to 15,951 units from 18,945 units, down 15.80 percent. The manufacturer recently launched its new-gen Thar. Market share is at 5.54 percent.
Honda retails fell by 9 percent, down to 9,685 units from 10,646 units. Toyota reports 14.58 percent decline. Sales fell to 9,072 units from 10,620 units YoY. Toyota Urban cruiser was launched to co-incide with festive season demand, and is based on Maruti Suzuki Vitara Brezza.
December 2020 Nissan Magnite launch
Renault sales is down to 9,001 units from 9,752 units. market share is at 3.13 percent. Renault India is determined to improve its market share here, and is prepped to launch its compact Kiger in 2021.
Ford retail sales fell to 5,865 units, down from 6,613 units at 11.31 percent decline. While launch date specifics aren’t available at this moment, a first product glimpse resulting from Ford and Mahindra’s association has now seen the light of day. It’s a Ford rebadged 2021 Mahindra XUV500. Product name isn’t yet revealed.
|No||Car Retail Sales||Nov-20||Nov-19|
|11||Skoda VW (+5%)||2,781||2,658|
MG Motor stands in good stead in the larger scheme of things. It’s strong showing of 3,043 units in retail sales grew 23.70 percent, up from 2,460 units. Skoda VW is in the green at retails reported at 2,781 units, up from 2,658 units.
Nissan, including Datsun brand cars had a poor showing. Retail sales fell to 801 units, down from 1,853 units at decline of over 50 percent. Nissan Magnite, the brand’s newest compact segment launch shares a platform with Renault Kiger. Nissan pins great hopes on Magnite sales and has reported 5k bookings in 5 days since launch last week.
Jeep India retails are reported at 719 units, down from 828 units. Force Motors retailed 158 units at decline of 75 percent, down from 634 units. Total retail sales for mass market cars is reported at 2,87,889 units, up 5.10 percent from 2,73,932 units YoY.