Tag: Mahindra Sales

Maruti Suzuki overtakes Mahindra, becomes the largest UV maker in India in May

Maruti Suzuki overtakes Mahindra, becomes the largest UV maker in India in May

Maruti Suzuki has overtaken Mahindra & Mahindra in the largest UV segment in India in the last two months, April and May 2017. This was the great success from the biggest player of small cars. Maruti has planning to expand its position and scope in the different passenger vehicle segments in the Indian market. In this part, just months back, it has introduced the hybrid and utility vehicles in the competitive domestic market to target the respective competitors. Now, the day comes and Maruti Suzuki has overtaken the India’s utility vehicle leader, Mahindra in the UV segment.

Related: Mahindra Scorpio facelift to feature advanced 6-speed Aisin AT

Maruti sold around 5,500 more utility vehicles than Mahindra in the first two months of this fiscal year. Mahindra listed 18,363 units and 19,331 units in April and May, whereas Maruti has listed 20,638 units and 22,608 units of sales in April and May 2017. The company’s cumulative sales stood at 43,246 units, against 37,694 units of Mahindra in the previous two months. In the last fiscal year, M&M has crossed Maruti by 20,000 units.

More demand of Maruti Ertiga and new Vitara Brezza, Maruti Suzuki has received 45% growth in UV segment, whereas the UV market leader, Mahindra has enumerated a decline of 6%. The company’s officials said that the Vitara Brezza has to register 10,000 units of sales in a month and towards to place its company in new heights. On the other side, Mahindra’s new four sub-4metre SUVs, including Bolero Plus, Nuvo Sport, KUV 100 and TUV 300, not helped the company to register more volumes.

Related: Maruti Suzuki reported 23.4% growth in April 2017

Moreover, due to the lack of petrol vehicles, Mahindra has reported a decline of sales in sub-4metre UV segment. Some of the external factors, including large diesel and SUVs ban in the biggest cities, influenced the company to hurt sales.

Apart from this, Mahindra has grown 3% in May 2017 with the sales of 41895 units of vehicles, compared to 40656 units in May 2016.

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Indian Auto Sales Analysis in November 2016

Indian Auto Sales Analysis in November 2016

The Government has banned the high-value currency notes to vanish black money in the country, which impacts indirectly sales of two-wheelers and commercial vehicles in the last month. Besides, the passenger vehicle manufacturers have managed to get the positive sales with the demanding products and new launches like Maruti Suzuki Vitara Brezza & Baleno, Toyota Fortuner & Innova, Hyundai Creta and Renault Kwid.

Related: Top 10 Selling Passenger Cars in November 2016

The biggest PV manufacturer, Maruti Suzuki has reported 14.1% growth with the sales of 1,26,220 units in India , compared to 1,10,599 units in sales in November 2015. The mini car segment with the Alto and Wagon R raised by 8.2% in the last month. The demand for the utility vehicles, including S-Cross, Brezza, Ertiga and Gypsy, doubled and the compact car segment raised by 10.8% during the month.

Tata Motors and Toyota companies have reported 22% and 10% growth with the sales of 12,736 units and 11,309 units respectively in the last month. The utility vehicle major, Mahindra has declined 33% to 13,217 units in the last month from 19,662 units in November 2015.

Related: Upcoming Cars in India in 2017

The German brand, Volkswagen India reported 107% of highest sales growth in the Indian auto market with the new car and special edition launches. Volkswagen has sold 4,014 units in November 2016 and just 1942 units in the same month of an earlier year.

The commercial vehicle major, Ashok Leyland reported 7% growth in the last month with sales of 9,574 units, as against 8,971 units in November 2015. With the highest volumes of Renault Kwid, Renault India has reported 23% growth in the last month compared to year-ago month sales.

Related: Mahindra sales 22% down to 32,499 units in November 2016

Ford has sold 6,876 units and declined its sales to 21.6% in the last month, compared to year-ago month sales of 8,773 units.

Auto Manufacturers November 2015 (Units) November 2016 (Units) % Change
Maruti Suzuki 110599 126220 14.1
Mahindra & Mahindra 19662 13217 -33
Volkswagen 1942 4014 107
Ashok Leyland 8971 9574 7
Tata Motors 10470 12736 22
Toyota 10278 11309 10
Renault 7819 9604 23
Ford 8773 6876 -21.6
Mahindra Sales Increased to 8% in September 2016

Mahindra Sales Increased to 8% in September 2016

Mahindra, the country’s top SUV manufacturer has announced its sales performance report for the month of September 2016. The company has sold 46,130 vehicles and represented a growth of 8 percent compared to the year-ago month sales of 42,848 units. In the first half of this fiscal year ended on September 30, the company has gained the double-digit growth of 11% with the new Mahindra range.

Related: Mahindra e2o (4-door) to launch in this month

Mahindra’s domestic sales were increased by 7 percent to 42,545 units in the last month against the sales in September 2015 were 39, 693 units. Exports in the last month were stood at the total of 3585 units and the manufacturer has achieved the growth of 14 percent against September 2015 exports. Mahindra has achieved the double-digit growth of 18% during the first half of this financial year.

Related: Mahindra Scorpio 1.99L now available with Intelli-Hybrid

Sales of passenger vehicles were raised up to 5% at 20,537 units as against 19,564 units in the year-ago month. The existing popular Mahindra passenger vehicles in India were Scorpio, Bolero, XUV 500, Verito and Xylo, which have been receiving demand market. The commercial vehicle sales of Mahindra were increased 11% to 16,081 units in the last month compared to 14,430 units in the same month of 2015.

Related: Mahindra Launched Sub-4m Bolero Power+ at Rs. 6.59 Lakhs

Pravin Shah, president of Mahindra Automotive responded on the auto sales performance of the last month and said that the new vehicle launches and the good monsoon helped the company to register the 11 percent growth in the duration of the first fiscal. We at Mahindra are happy to have received the good growth for the duration of six months in the domestic market and exports (18 percent). The company expected that the same momentum will continue in the second half period of FY2017.

Mahindra & Mahindra sales increased 14% in July 2016

Mahindra & Mahindra sales increased 14% in July 2016

Mahindra & Mahindra, the utility vehicle manufacturer, announced its last month (July) sales reports and reported that it has a growth of 14 percent in total sales. M&M sold a total of 39,458 units in July 2016, whereas the year-ago period accounts for 34,652 units. All the segments, including passenger vehicles, M&HCV (Medium & Heavy Commercial Vehicles), domestic sales and exports, registered positive growth in the last month.

The sales of Mahindra’s passenger vehicles stood at 17,356 units in the last month (July 2016) compared to 14,456 units during the year-ago month, a growth of 14%. The segment of Mahindra’s exports has registered 16 percent growth with the overall sales of 4,153 units in last month, compared to July 2016 sales, 3565 units.

The passenger vehicles, including cars, vans and utility vehicles, accounted for 20 percent growth with 17,356 units in the earlier month, compared to the year-ago period sales, 14456 units. Mahindra sold 13,168 units of commercial vehicles in July 2016 and representing a growth of 8 percent from the year-ago month sales, 12,148 units.

With the introduction of the Mahindra’s new cars, The TUV 300, NuvoSport and KUV 100 and the existing cars like the Scorpio and XUV 500, the company’s sales were increased in the market. The new cars, KUV 100, XUV 500, as well have a great demand not only in the domestic market, but also in the export markets, like Nepal, Hungary, as well. The special variant of the new sub-4metre car KUV 100 is developed for the Hungarian market.

Coming to the 2017 financial year report, Mahindra sold a total of 1,60,986 units in the duration of April to July 2016, registering a growth of 12 percent from the year-ago period sales, 1,44,219 units. The segments of passenger vehicles, utility vehicles and commercial vehicles accounted for 13%, 15% and 11% growth respectively in the last four months of FY 2017.

We at Mahindra are happy to have a growth of 14 percent in July 2016. Besides, we expected to have better results in the rest of the financial year with the new launches. The coming festival season will be better for the automobile industry so that Mahindra’s sales to be increased in the coming months, according to Pravin Shah, President & CE of M&M (Automotive).

Segment July 2016 July 2015 % Change
Passenger Vehicles 17356 14456 20%
Utility Vehicles 15962 13204 21%
Cars + Vans 1394 1252 11%
Commercial Vehicles 13168 12148 8%
LCV <3.5T 12230 11230 9%
LCV >3.5T 556 604 -8%
MHCV 382 314 22%
3W 4781 4483 7%
Domestic Sales 35305 31087 14%
Exports 4153 3565 16%
Total Sales 39458 34652 14%

Source: Automotive

Mahindra Total Sales Increased by 8 Percent in June 2016

Mahindra Total Sales Increased by 8 Percent in June 2016

The SUV major, Mahindra & Mahindra reported that its total sales increased by 8 percent to 39,011 units in June 2016. The total sales of the company (domestic and exports) in the year-ago period were 36,134 units. Being a domestic automaker, the company has sold 34,991 unit in the earlier month and reported a growth of 5 percent compared to the sales in the year-ago month, 33,282 units.

In the export market, sales were up 41 percent at 4,020 units in the last month compared with 2,852 units in June 2015. Mahindra Reva e2o and KUV 100 models exported to the few of markets, including Nepal and the UK.

Mahindra PV Sales:

Passenger vehicle sales increased 7 percent to 17,070 units in the last month as against 15,880 units in the year-ago month. The Mahindra cars like Scorpio, Xylo, XUV 500, Bolero, Verito, TUV 300 and KUV 100 are available in the domestic market at the reasonable prices.

Mahindra CV Sales:

Sales of commercial vehicles, including Bolero pick-up, Supro van, Imperio and Maxitruk, also went up to 6% to 13,540 units, from 12,737 units in the same month of last year.

The company has witnessed for the positive results in the market and the result will be influenced the company to get more sales in the coming festival period, according to Pravin Shah, Chief Executive (Automotive) of Mahindra.  This result to be influenced to increase the company demand as well as expand the rural success in the market.

Mahindra has introduced special versions, KUV 100 Xplorer, Scorpio Adventure with special effects, Scorpio with the 1.99litre engine and XUV 500 1.99l automatic to increase the domestic sales. To increase the electrical vehicle & hybrid segment in India, Mahindra has introduced the electric car eVerito. The small amount of electric and hybrid cars, including e2o, Maruti Ciaz and Ertiga available in the present market.

Content Source: Automotive Blog