February 2019 Indian Car Sales


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350Z

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February 2019 Indian Car Sales

Top Ten Hot Selling Cars in February 2019

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Manufacturers' Market Share in February 2019

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Datsun February 2019 Indian Car Sales

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Fiat February 2019 Indian Car Sales

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Ford February 2019 Indian Car Sales

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Honda February 2019 Indian Car Sales

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Hyundai February 2019 Indian Car Sales

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Jeep February 2019 Indian Car Sales

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Mahindra February 2019 Indian Car Sales

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Maruti Suzuki February 2019 Indian Car Sales

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Nissan February 2019 Indian Car Sales

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Renault February 2019 Indian Car Sales

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Skoda February 2019 Indian Car Sales

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Tata Motors February 2019 Indian Car Sales

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Toyota February 2019 Indian Car Sales

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Volkswagen February 2019 Indian Car Sales

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Tata Motors global sales dip 9%.in Feb.

For the fourth consecutive month, auto-major Tata Motors reported 9 per cent decline in its global wholesale including Jaguar Land Rover (JLR) in February this year.
Prior to this, the company had posted 7 per cent, 14 per cent and 12 per cent decline in the month of November 2018, December 2018 and January 2019 respectively.

Source:
 
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350Z

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February 2019: SIAM Sales Summary Report

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Production

The industry produced a total 28,735,269 vehicles including passenger vehicles, commercial vehicles, three wheelers, two wheelers and quadricycle in April-February 2019 as against 26,421,110 in April-February 2018, registering a growth of 8.76 percent over the same period last year.

Domestic Sales

The sale of Passenger Vehicles grew by 3.27 percent in April-February 2019 over the same period last year. Within the Passenger Vehicles, the sales of Passenger Cars, Utility Vehicle & Vans grew by 2.91 percent, 2.09 percent and 13.05 percent respectively in April-February 2019 over the same period last year.

The overall Commercial Vehicles segment registered a growth of 19.71 percent in April- February 2019 as compared to the same period last year. Medium & Heavy Commercial Vehicles (M&HCVs) increased by 17.65 percent and Light Commercial Vehicles grew by 21.05 percent in April-February 2019 over the same period last year.

Three Wheelers sales increased by 12.69 percent in April-February 2019 over the same period last year. Within the Three Wheelers, Passenger Carrier sales registered a growth of 13.39 percent and Goods Carrier grew by 9.70 percent in April-February 2019 over April-February 2018.

Two Wheelers sales registered a growth at 6.95 percent in April-February 2019 over April-February 2018. Within the Two Wheelers segment, Scooters, Motorcycles and Mopeds grew by 1.81 percent, 9.96 percent and 3.64 percent respectively in April-February 2019 over April-February 2018.

Exports

In April-February 2019, overall automobile exports grew by 15.54 percent. While Passenger Vehicles exports declined by (-) 10.00 percent, Commercial Vehicles, Three Wheelers and Two Wheelers registered a growth of 4.13 percent, 48.59 percent and 18.05 percent respectively in April-February 2019 over the same period last year.
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350Z

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FADA February 2019 Vehicle Registration Data

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Commenting on the February numbers, F A D A President, Mr Ashish Harsharaj Kale said, “After a month of spike in PV sales in January which was largely due to year end stock clearance getting extended and Few New Launches which generated some excitement, the Industry is once again witnessing downward trend as February turned out to be one of the slowest month for Auto Retails during this financial year. Indian Auto Sales are experiencing a Prolonged Slowdown as its already seen 6 months of Slowing Sales and growth reversal and Positive triggers in the near term appear Few.

Starting with the Huge hike in Insurance costs in September, we have seen a lot of negative factors come together in the past few months, leading to major postponement in purchase decisions and overall weakening of Consumer sentiment.

Auto Dealers across the length and breadth of the Country are in a High stock Situation across all Categories and Inventory levels of Passenger Vehicles and Commercial Vehicles, which had seen partial correction in the past 2 months are now back to the unsustainable levels seen in November 2018.

FADA has been highlighting the High Level of Inventory amongst the 2W Dealers and would like to Express Serious Concern that it has now reached Alarming Proportions and in some geographies has breached the unheard level of 100 days of stock as per todays retail situation.”

Commenting Further FADA President said, “FADA believes, as does the entire Auto Industry that the dip in demand is temporary and India will continue to be amongst the Fastest Growing Auto Markets in the World. Having said that, navigating smoothly out of the current slowdown is the need and the entire Auto ecosystem, including dealers, will have to and already are in a cost regulation mode, till the Industry returns to Vibrancy.”

Already facing a substantial increase in operational costs in recent times due to various factors as well as increased working capital needs and that too in a Tight Liquidity Environment, Prolonged maintenance of such High Inventory and its additional costs is unsustainable and with demand continuing to be a challenge, Dealers would be urgently looking to reduce their inventory in the months of March and April

Given the Current Environment F A D A urges Our OEMs to take a realistic stock of the Current Retail Situation and Recalibrate their production to regulate Dealer Invoicing in these 2 months to facilitate return to Stock Normalcy for Dealerships to maintain a sustainable business environment till the industry again hits the High Growth Trajectory.
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I think there is overcapacity in the 2 wheeler manufacturing base. There is more than sufficient penetration of the 2-wheeler in even the remotest parts of the country to warrant the current situation. I see it somewhat akin to the smartphone market, (in some cases smartphones are actually costlier, but that's another story). India should quickly get into a regime of controlling the type of vehicles sold, especially in the large cities, which are completely saturated in terms of vehicle ownership.
 
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Haha no one actually knows about these baring auto enthusiasts. There is a slow down in the economy new insurance policy accelerated it plus high rates of tax and weakening rupee made prices sky high.
 
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Now maruti has decided to cut production by 26%.
Some people may still say it's due to ola and all but the fact is economy is in so much trouble that even maruti is finding difficulties to survive.
 
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