Indian Automotive February 2011 sales - positive overall, negative exports and cautious moving further

The February 2011 vehicle sales stood healthy in spite of increase in the car prices that the automakers are passing on to their customers time to time.

Barring Honda, all OEMs have shown positive growth and for Honda its been a disappoint phase. It announced a recall of its popular City sedan model due to a fault in a part of an Engine aggregator. The recall was the 2^nd of this model in one year. City has so far been Honda’s bread and butter. Honda posted a 22%  Year on Year decline.

The Ford, VW, GM, Nissan have made significant sales numbers mainly due to their models in A1-A2 segment. Figo, Polo, Micra, Spark have all helped their companies make significant overall continued sales. The backlog for these models is also creeping up to 3-4 months now. The Etios from Toyota has also shown very good response from the market. Close to 5000 units are sold since its launch in mid Dec-2010.  The segment wise gap has been narrowing due to launch of many new models and Martuti, Hundai are facing the heat due to this.

The luxury segment has been posting a steady growth with Mercedes leading the pack with its highest ever monthly sales.

The CV segment also has shown a positive growth Year on Year. The export numbers have declined across segment in Feb2011-compared the same month in 2010.

The industry was keenly watching the union budget for an anticipated hike in excise. However Government decided to keep the excise rate same. However there is a likely hood of yet another increase in Petrol price. The commodity prices have increased significantly and inflation is still a cause of concern for middleclass Indians who are potential customers for A1-A2 segments.

Highlights:

	Feb-11	Feb-10
Hundai Motors
growth	-4.77%
sales	52007	54610
domestic	32629	31001
export	19378	23609
Maruti suzuki
growth	15.50%
sales	111645	96650
domestic	101543	84765
export	10102	11885
GM
growth	126%
sales	11,111	4921
TATA motors
growth	12%
sales	77543	69427
Domestic	10%
	73039	66190
Export growth	39%
	4504	3237
PV growth	18%
	31909	26165
CV (domestic)growth	5%
	41130	39205
lcv	23498	21618
M&HCV	17632	17456
M&M
growth	20.00%
Domestic growth	20%
	31967	26580
PV growth	16%
	15439	13350
4W pickup growth	13%
	9903	8733
3W growth	57%
	5725	3641
CV	900	856
exports	1411	1314
Ashok Leyland
growth	25%
sales	9800	7869
domestic	8984	7092
export	816	777
Honda
growth	-22.83%
sales	4843	6276
Mercedes
growth	51%
sales	662	439
Toyota
growth	55%
cars, SUV	9308	5993
Ford
growth	188.00%
sales	9293	3223
Eicher
growth	29.00%
sales	3916	2780
skoda
growth	39.00%
sales	2512	1805
VW
sales	7077	422
Nissan
sales	2081	44

Sales momentum continues in May’10

The automotive sales momentum continued during the month of May in spite of increased prices.

Maruti hit records with per month sales of crossing 100,000 cars first in the history. Ford and GM continued their growth rate of over 150% with their Figo and Beat respectively.
Toyota has introduced a special edition of Innova for its 5th year since its most successful model in India.

The luxury segment also has seen a great momentum with Mercedes and Audi clocking over 100% growth.

Honda is the only company that again seen a negative growth.

TATA motor’s Sanand plant in Gujrat started rolling out the NANO which it hopes to cover the backlogs.

Hyundai motors caught in to an ugly row with labor dispute taking in to effect of closing the production for 2 successive days in June.

In June the Petrol and Diesel prices are rumored to be hiked by Rs3 could impact the sales. However the upbeat Indian services sector has over shadowed the inflation as people are upbeat in their spending.

	May-10	May-09
Hundai Motors
growth	7.00%
sales	46808	43624
domestic	27151	23503
export	19657	20121
Maruti suzuki
growth	29.70%
sales	102175	79872
domestic	90041	70785
export	12134	9087
GM
growth	61%
sales	8225	5109
TATA motors
growth	41%
sales	56799	40196
cars	39.00%
sales	21326	16563
exports	3978	1804
lcv	17615	13740
M&HCV	13860	5405
cvs	31475	23004
M&M
growth	69.00%
sales	28486	16866
three wheeler
	6641	2703
utility vehicles	19.00%
	18940	12620
logan	450	427
cv growth	17.00%
cv sales	1005	831
exports	1068	285
Ashok Leyland
growth	97%
sales	6502	1977
domestic	5973	1697
export	529	280
Honda
growth	-0.15%
sales	4067	4073
Mercedes
growth	112%
sales	410	193
Audi
sales	200	121
Toyota
growth	77%
cars, SUV	6050	3924
Ford
growth	300.00%
sales	8080	2168
Eicher
growth	44.00%
sales	2801	1233
domestic	2488	1128
exports	313	105