Maruti, Tata, Renault and MG – were the only 4 automakers who posted positive sales last month
The COVID-19 pandemic is still raging across the country, but auto sales have started to make progress. July 2020 sales are a tad better with more persons opting for personal means of travel over public transport over fears of contacting the coronavirus.
Taking into account sales of each automaker in the country, it can be seen that it was only Maruti Suzuki, Tata Motors, MG Motors and Renault India who have posted positive sales. Every other automaker has suffered de-growth. Kia India sales had not started in July 2019, so it is an exception.
Maruti Sales Up 1%
Though not a significant jump, but sales of Maruti Suzuki India Limited increased 1 percent in July 2020 as compared to sales in July 2019. Sales in the past month stood at 97,768 units, up from 96,478 units sold in the same month of the previous year.
Hyundai sales dipped 2 percent to 38,200 units in July 2020, down from 39,010 units sold in July 2019. Cumulative sales, which included both domestic and export stood at 41,300 units with 3,100 units exported in the past month. However, the company noted a growth of 79.14 percent when compared to sales of June 2020 when 21,320 units were sold in the country.
Tata Motors Sales up 43%
Tata Motors has recorded a 43 percent increase in sales in July 2020. Sales which had stood at 10,485 units in July 2019 increased to 15,000 in the past month. This is the company’s highest sales over the past 16 months which allowed the automaker to gain a 3rd spot on the list of largest automakers in July 2020, overtaking Mahindra by a margin of about 4,000 units. The brand’s market share also increased to 7.6 percent as against 5.3 percent in July 2019.
Mahindra passenger vehicle sales stood at 11,025 units in July 2020, down 31 percent as against 16,024 units sold in July 2019. Mahindra has introduced special finance schemes with the option for first 6 months EMIs to be lower by 76 percent as against regular EMIs. The schemes also include ‘Own now and pay in 2021,’ ‘Upto 8 years funding’, ‘100 per cent on road funding’ and ‘Own BSVI Pickup at BSIV EMI’.
Seltos Boosts Kia India Sales
Kia sales stood at 8,502 units last month. Thanks to Seltos, Kia has become India’s fastest car brand to achieve the 1 lakh sales mark. Seltos sales were about 8,200 last month, allowing the company to claim 5th position on the list of leading carmakers in India. The Kia Carnival also gained some traction in Indian markets while the company now gears up for the launch of the Kia Sonet.
Highest Sales Growth by Renault
Renault India sales surged 75 percent in July 2020, up from 3,660 units sold in July 2019 to 6,400 units in the past month. Renault Kwid and Triber were the most desired models in the company lineup. The Kwid RXL variant was launched last month. The new RXL variant is priced at Rs. 4.16 lakh for the MT and Rs. 4.48 lakh for the AMT version.
Toyota India sales dipped 48 percent to 5,386 units in July 2020 as against 10,423 units sold in July 2019. The automaker now gears up for the launch of a new compact SUV which will be based on the Maruti Suzuki Vitara Brezza. Launch in India will take place during the upcoming festive season.
Honda Car India sales fell 48 percent to 5,300 units in July 2020 as against 10,250 units sold in July 2019. July 2020 also saw the launch of the fifth gen Honda City sedan priced from Rs.10.9 lakhs while the company will also continue to sell the fourth gen model alongside.
Ford sales dipped 37 percent in July 2020 to 3,937 units, down from 6,284 units sold in July 2019. The company has introduced ‘Dial a Ford’ service for home based service facilities of its customers in view of the pandemic situation in the country.
MG Motor announced a 40 percent increase in retail sales for July 2020. Total sales in the past month stood at 2,105 units as against 1,508 units sold in July 2019. Launch of Hector Plus SUV last month has helped in increasing sales during this difficult period
Volkswagen and Skoda both reported de-growth of 25 percent and 14 percent respectively as did Nissan and Fiat who reported sales de-growth of 40 percent and 22 percent respectively.
Taking into account total passenger vehicle sales in July 2020, sales figures stood at 1,97,699 units, just a 1 percent lower than 1,99,534 units sold in July 2019. Considering the situation the country is in at the present moment, this is worth mentioning.
Also Read – Top 10 Cars July 2020