The auto industry in India faces a bleak festive season. Automobile sales shrunk further during the month of August 2019 and consumer sentiments are expected to remain subdued despite the onset of the festive season when sales are usually at their peak.
Yesterday, we took a look at the SUV sales report – which showed total sales of 53,952 units in Aug 2019; growing by 1.17%. Today, let’s take a look at the hatchback sales report.
Taking into account the hatchback segment, it suffered a 37 percent decline in sales to 83,976 units in August 2019 as against 1,33,131 units sold in the same month of the previous year. Speaking about MoM sales, that too have declined by 5.66% as in July 2019 hatchback sales stood at 89,014 units.
Maruti Suzuki India Limited, leading automakers in the country saw the Swift, WagonR, Baleno, Alto at the top of the list. Swift sales dipped 35 percent to 12,444 units in the past month as against 19,115 units sold in the same month of the previous year. WagonR sales also dipped 17 percent to 11,402 units as compared to 13,658 units sold in August 2018.
The company had the Alto at no 4 and Celerio at No. 7; with sales downs 50 percent to 4,765 units. The Ignis, sold via the company’s Nexa outlets also saw sales decline 57 percent to 1,322 units as against 3,043 units sold in August 2018.
Hyundai had the i10 Grand, i20 and Santro at Nos.5, 6 and 8 on this list of best selling hatchbacks. i10 Grand sales dipped 10 percent to 9,403 units as compared to 11,489 units sold in August 2018 while sales of the re-launched Hyundai Santro stood at 3,288 units.
Tata Tiago and Bolt featured at Nos. 9 and 21 on this list with both showing de-growth. Tiago sales fell 67 percent to 3,037 units, down from 9,277 units sold in August 2018. Bolt sales dipped a massive 82 percent to just 23 units sold in the past month.
A notable fact was the massive increase in sales of the Ford Figo, sales increased as much as 6293 units to 895 units in August 2019 as compared to just 14 units sold in August 2018. The reason – in the same month last year, Ford was getting ready to launch new Figo, which is why sales of Figo barely managed the double digit figure in Aug 2018.
Toyota had the Glanza on 10 and the Liva was at No. 15. Liva sales declining 56 percent to 834 units while sales of the hatchback had stood at 1,891 units in the same month of the previous year. Renault Kwid slipped to 11th spot. Volkswagen Polo was at the 12th, followed by Maruti Ignis.
Datsun GO sales also declined 58 percent to 205 units as compared to 490 units sold in August 2018 while Nissan Micra sales sales dipped 82 percent to 55 units in the past month as compared to 302 units sold in August 2018. Tata Bolt took the last spot in the list with 21 units sold. Fiat Punto and Honda Brio sales could not be taken into account as both these hatchbacks are now discontinued.