Two Wheeler Sales Analysis May- 2014

Two Wheeler Sales Analysis- May 2014 - India

May 2014 was very promising for two wheeler industry as every major company recorded increase in sales for this month.

There is growth reported for domestic sales as well as exports.

Hero remain Market leader with over 6 lakh sales , this is their record sales in a non festival month. But the cherry of cake is Honda with astonishing increase in sales.

 Honda recorded increase in sales by 55% and 126582 nos. This is even highest if you add up other manufactures sales nos.

Bajaj reports steady growth thanks to their exports.

M&M gain the highest growth percentage .

•  Overall sales details are as below with comparison of last year sales.

• Market Share detail is as below

Hero Motocorp retain his share , while there is increase in market share for Honda.

• Growth in May 2014. 

M&M reported highest growth in May 2014 with 131% increase in their sales. Honda is no. 2 in terms of sales growth with 55% increase. Yamaha Continues its good show with 40 %  growth in sales.

• Growth in terms of numbers.

As discussed earlier in this blog, Honda outperformed everybody in terms of growth . Details are as below.

Again if we combine the increase in sales by all companies except Honda and compare it with Honda nos. by Honda is still ahead with over 2000 nos.

We hope that this growth trend will continue in upcoming months.

• All sales figure is overall sales(export+domestic)
• Scooter and motorcycle figure are combined.
• Data source - Etauto.com, economics times, drivespark.com, press release by hero,honda and M&M.

Indian automobile market updates - 3rd June 2014

• Japanese car giant Honda plans to nearly double sourcing of auto components, including engine parts, from India to over Rs 800 crore during 2014-15.The company's wholly-owned subsidiary Honda Cars India Ltd (HCIL) is also planning to double exports of vehicles from the country to other parts of the world. 

•  Tata Motors' Jamshedpur plant has reasons to cheer. After months of below average production of vehicles, the local unit has received an impressive order for production of trucks in the first quarter of the current financial year beginning April 1, 2014.The plant has seen a steep rise in production from 2,500 trucks per month on an average over the past six months to 6,000 per month since May this year.

• Following the recent launch of 2015 BMW X5 at the hands of Sachin Tendulkar, BMW has a host of upcoming launches in the form of 7-series ActiveHybrid L, the new BMW i8 and introduction of 2015 Mini range. Besides these new launches, the company is also eager to expand their reach in the country with added emphasis on urban markets to take total outlets to 50 by end of 2015.

• Ankush Arora, who quit Tata Motors as its senior vice-president (passenger vehicle business unit) on May 31, is set to join the Mansour Group of Egypt by the middle of this month.

• Employees at Continental AG worldwide have contributed to handsome savings of over 160 million euros (Rs 1,294 crore) through the Continental Idea Management (CIM) program. In 2013, employees at over 140 locations around the world helped boost efficiency and cost effectiveness at the international automotive supplier, tyre manufacturer, and industrial partner with 440,000 implemented ideas. On average, around 178,000 employees submitted more than two ideas per employee in 2013.

• The Brose Group, which is among the top 40 global automotive suppliers, is targeting an increase in sales revenue from 8 percent to about 5 billion euros (Rs 40,440 crore) in 2014.  To drive growth, the company’s shareholders have given a nod to a 920 million euro (Rs 7,440 crore) investment program

• Anil Dua, Hero MotoCorp’s senior vice-president (Sales & Marketing), has called it a day at the country’s largest two-wheeler company. A statement issued by the company says that he will continue in his current role till June 24, 2014

• Tata Motors has announced the retirement of Ravi Kant, its non-executive vice-chairman, from the company’s board with effect from May 31, 2014 on attaining the age of 70 which is the company’s retirement policy

• Hyundai India will be driving in its compact SUV next year. The update comes from Rakesh Srivastava, Senior Vice President, Marketing and Sales, Hyundai Motor India Limited. Hyundai India will launch a compact SUV next year. The compact SUV segment in India, which is composed of the Renault Duster, Nissan Terrano and Ford EcoSport.

• image from indianexpress.com

Indian automobile Sales Update - May 2014

Automobile Market Update - 1st June 2014

• Japanese car giant Honda Motor Company will increase output from its plant here by starting a second production shift in seven to eight months to help meet its target of an almost 50 per cent jump in sales to 2 lakh units in 2014-15. 

• The company's wholly owned Indian subsidiary, Honda Cars India Ltd, may also consider ramping up the capacity of theTapukara plant in the next two-three years as it targets sales of 3 lakh units a year by 2016-17. 

• Mahindra Group Chairman, Anand Mahindra is the first Indian recipient of the prestigious Harvard Medal for his dedication, generosity and service to the University. Harvard President Drew Faust, Lincoln Professor of History presented him with the medal at the Annual Meeting of the Harvard Alumni Association during Harvard’s 363rd Commencement Afternoon Program on May 29th, 2014.

• Europe's largest car maker Volkswagen is studying the possibility of introducing a budget brand for the Indian market, a move its Chinese subsidiary is very close to finalizing.

• Japanese two-wheeler maker Yamaha is eying around 10 per cent share in the fast growing scooter market in India this year riding on its three models.

• As part of the nine models planned for an India launch by BMW, the Bavarian auto giant will be launching the 7-Series ActiveHybrid sedan in the country in July this year. The 7-Series ActiveHybrid will be the company’s first hybrid vehicle for India.

•  Ford Motor Co will recall 915,216 Ford Escape and Mercury Mariner SUVs in North America because of a possible loss of power steering, the company and US regulators said on Thursday.

•  image from The Hindu website

Automotive Updates - 31st May 2014

• West Bengal labour minister Purnendu Bose today said there was a possibility of Dunlop India again opening the gates of Sahagunj factory in the state."We are getting positive feelers from the Dunlop management that they are willing to reopen the company," Bose told reporters here today.

• Bajaj auto today introduced two-tone colors in Pulsar 150, 180 and 220 models. The new range of colours would be available with no addtitonal cost and have three colour options Pearl Metallic White, Sapphire Blue and Cocktail Wine Red. 

• The Bajaj RE60 is expected to launch after October this year. In a development earlier this month, the Ministry of Roads and Transport said that quadricycles could start plying on Indian roads after October 1, 2014. Bajaj, which is ready with the RE60, will waste no time in launching the quadricycle.

• VW currently follows a seven year lifecycle for its products, while introducing refreshes every four years. This will be shortened in the future according to Michael Horn, head of VW U.S.A. Horn said in a recent interview that the German carmaker will follow a five year lifecycle, with major refreshes coming in the third year. 

• New Tata Sumo Gold, launched with a new outlook

• Sona Koyo Steering Systems on friday announced it financial results for the quarter ended 31st March, 2014, net Sales have increased by 7.2% to Rs. 281.9 Crores from Rs. 262.9 Crores during the preceding quarter ended December,2013 and Profit after Tax for the quarter is Rs. 10.6 Crores against Rs. 36.9 Crore (including exceptional item on account of sale of non current trade investment) during the preceding quarter ended December 2013.

• Hyundai 'i30' premium hatchback likely to be launched around Diwali

• Auto component maker JBM Auto plans set up a new manufacturing plant in Indore at an investment of Rs 100 crore and the new unit is expected to be operational later this year. 

• "We are investing Rs 100 crore on a new manufacturing plant in Indore. We will cater to customers like Volvo-Eicher, MAN and Mahindra & Mahindra through this facility," JBM Group Executive Director Nishant Arya told PTI. 

• JBM  today posted over two-fold rise in its net profit at Rs 22 crore for the fourth quarter ended March 31, 2014, said the new plant will cater to its commercial vehicle customers through the new plant. 

Good Bye Amby!

On  25 May 2014, The production of the Ambassador has been shelved by Hindustan Motors  in his Uttarpara plant near Kolkata , West Bengal.

 Ambassador production was started on 1957 and it was manufactured till 2014. It is among the long running cars of India. From last 57 years it is serving India. 

There are very rare chance that "The grand old lady of Indian roads" will be manufacture again.

We are starting a Tribute to “Amby” by collecting their old print media advertisement. If you have any , Please share with us.

source - autolit.com

source teambhp.com

source - internet

Source - teambhp.com 

Source - Teambhp.com 

Automotive Updates - 30th May 2014

• Renault India launched the Duster Adventure Edition at the Auto Expo in February this year. The Adventure Edition of the Duster was available only with the higher-spec 110 PS diesel engine and is priced at INR 11.79 lakhs (ex-Showroom, New Delhi).

• Japan's Isuzu Motors aims to sell 50,000 pickup vehicles in India in the next few years to gain market leadership, a top company executive has said. The company, which has a fully owned subsidiary in Chennai, has earmarked Rs 3,000 crore for a 120,000 units per year manufacturing facility close by. 

• Mahindra and Mahindra has posted a marginal increase in standalone net profit at Rs 896.88 crore for the fourth quarter ended March 31.The auto major had posted a profit of Rs 889.19 crore during the same period of 2012-13.

• Japan's industrial output in April dropped a seasonally adjusted 2.5 percent from the previous month, ministry of economy, trade and industry said Friday.It also downgraded the assessment of the production, which is the first time since September 2011, saying it "appears to be flat" compared to the previous month's phrase of "showing upward momentum", reported Xinhua.

• Luxury carmaker BMW India will locally produce its new BMW X5 xDrive30d model at its Chennai plant in Tamil Nadu. Priced at Rs 70.9 lakh (ex-showroom India), it will be manufactured in diesel trim and will hit dealerships from June onwards.

• The home grown auto making company Force Motors has silently added a new variant in its 4x4 Force one all wheel drive variant in its SUV Force One with base price of Rs. 13.98 lakh (ex-showroom price in New Delhi). The seven seater SUV has been offered in top end LX variant. The new variant is equipped with 2.2 FMTECH (Force Motor Technology) engine developing the power of 139 bhp and torque of 320Nm and is capable of picking up the top speed of 160 kmph.  

• The Competition Commission has closed a case against auto maker Hyundai Motor Company and three dealers as it did not find sufficient evidence to prove cartelisation.

• TVS Motor has launched a new color on the Apache RTR 180. Called the Apache RTR 180 Matte Black Edition, the motorcycle was showcased in January this year at the India Bike Week. Sales of the RTR 180 Matte Black have now commenced, and a TV commercial featuring this bike in conjunction with the new X-Men movie is also on air.

• The Jaguar Land Rover – Chery joint venture rolled out the first China-assembled Range Rover Evoque yesterday from their yet-to-be completed factory in Changshu, Jiangsu province. 

• Fiat India launched its brand new campaign called “Hello Life” at a function in Mumbai, yesterday.It has been designed to convey the feeling of happiness and positivity around the brand FIAT. “Hello Life is inspired by the Italian way of life. 

•  Ford is recalling 1.4 million SUVs and cars in North America to fix steering, rust and floor mat problems.

• Maruti Suzuki’s plans of entering the commercial vehicle segment have been much spoken and written about over the past months. Codenamed Y9T, the new light commercial vehicle is a vital product for the company that not only marks India’s largest passenger car maker’s debut in the commercial vehicle segment, but also its first home developed diesel engine that will power the LCV and an extensive list of small cars. Now, a report states that the Y9T LCV will come with a 792cc diesel engine, mated to a 5-speed manual transmission.

Automotive Updates - 29th May 2014

• BMW India today launched the 2014 BMW X5 at an all-India ex-Showroom price of INR 70.9 lakhs. 

• Post its debut at the 2014 Auto Expo in February, TVS has started sales of the 2014 TVS Wego in the country. The updated Wego is available in two variants: standard and disc. 

• Nissan has announced the appointment of Guillaume Sicard as its deputy president, Nissan India Operations, effective July 1, 2014. He will report to Kenichiro Yomura, the president of Nissan India Operations and his responsibilities include strategic decision making and streamlining operational efficiency to help achieve the company’s objectives here.

• Japan's Isuzu Motors aims to expand its dealer network in India six-fold to about 60 outlets in the country by the end of the next financial year. 

• 

•  Nissan today announced the opening of its Sales and Marketing Headquarters in Mumbai, inaugurated by Takashi Hata, Senior Vice President Nissan Motor Co., Ltd and Chairman of

• BMW India is going on the aggressive and is expanding its number of dealerships in India. On the sidelines of the launch of the all-new BMW X5 in Pune today, BMW India’s president Mr Philip Von Sahr mentioned that the company will increase its dealership count in India. Introduced to the world in 2013, the BMW i8 will be launched in India later this year. 

• Toyota Kirloskar Motor has been ranked the highest in the J D Power Asia Pacific 2014 India Dealer Satisfaction with Automotive Manufacturers Index (DSWAMI) Study released today. Topping all other OEMs with a score of 925 on a 1,000-point scale, it is followed by Maruti Suzuki with a score of 884 and Honda Cars India at 869. Overall dealer satisfaction with carmakers averages 827 points in 2014, up from 817 points in 2013.

• Global automotive supplier Denso Corporation has developed a new electronic fuel injection system for small motorcycles called DIET-FI (Denso Intelligent Economical Technology-Fuel Injection). The company says DIET-FI is the world’s first fuel injection system that doesn’t use a throttle position sensor or engine temperature sensor. Instead, it uses newly developed control technologies that ensure the same fuel economy and environmental performance as conventional fuel injection systems, thus cutting costs.

• Swedish CV major Scania has opened its account with Karnataka’s largest fleet operator SRS Travels by delivering two of its luxury coach buses.   With this, Scania has succeeded in attracting one of the major Volvo bus customers in the private segment in Karnataka. SRS Travels, which has a fleet size of 5,500 vehicles comprising mini buses, luxury coaches and MUVs, is known for its interstate coach buses in South India.

• It is unlikely that the Hindustan Motors Ltd (HM) plant at Uttarpara that manufactures the iconic Ambassador car will reopen soon, West Bengal labour minister Purnendu Bose said on Thursday.

• “After discussing with the HM management, I have a feeling that the Uttarpara plant will not reopen soon,” Bose told reporters here after emerging from a bipartite meeting with the HM management. The company had declared suspension of work at the plant, the oldest in the country and the only vehicle manufacturing one in the state, on 24 May. “I have asked them (HM management) to lift the suspension at the earliest,” Bose said, adding he had asked the management why the government was kept in the dark while declaring suspension of work at the plant.

 

Automotive Updates - 28th May 2014

• Tata Motors, India's largest automaker by revenue, said its domestic operations would likely not post a profit or would have "inadequate" profit for the fiscal year that ended in March, hurt by sluggish demand.Slowing economic activity, weak consumer sentiment, increasing competition and high interest rates impacted the company's performance, Tata Motors said in a notice to the stock exchange on Tuesday.

• Uttam Bose, who resigned as managing director, Hindustan Motors (HM) on May 9, has taken up the role of managing director of Hindustan Motors Finance Corporation Ltd (HMFCL), a wholly owned subsidiary of HM. Autocar Professional had, on May 10, reported that Bose will remain within the CK Birla Group and may take a new position at HMFCL, which owns the company’s Chennai car plant. Bose is also an additional director at Hindustan Motors, as announced by the company on May 10.

• The Gujarat Government has objected to the decision of Maruti Suzuki India Ltd (MSIL) to hand over effective control of its proposed car plant at Hansalpur in Ahmedabad district to its Japanese parent company Suzuki Motor Corp (SMC) as it is in violation of the State Support Agreement (SSA) signed in June 2012.

• Royal Enfield which is owned by Eicher Motors has planned for an investment of around Rs. 600 crores in its motorcycle plants in the next two years. The money will be pumped in step by step in the two plants in the next couple of years. This move comes in because the demand has been normal but the supply is way too low. The Thiruvottiyur factory in Tamil Nadu is extremely small in size and cannot produce a substantial amount to keep waiting periods down for the British brand.

•  Automotive component maker Sundaram Brake Linings, part of the TVS group, Tuesday announced change of guard at its top management.According to the company, K. Mahesh resigned as managing director for personal reasons while he would continue as the company's chairman.

• Maruti-Suzuki’s first self-developed diesel engine will be a 792 cc unit, reports Gaadi.com. The engine, which is believed to be a two-cylinder unit, has been developed by Suzuki in Japan with inputs coming from Maruti engineers in India.

• Bohra Rubber Pvt Ltd (BRPL) and Hiroshima Kasei Ltd (HKL) Japan have entered into a technical collaboration for the manufacture of automotive cabin sealing systems. HKL will support BRPL in the design, development and execution of dynamic sealing solutions for the automotive industry.

• Auto component maker Bharat Forge today reported an over two-fold jump in standalone net profit at Rs 119 crore in the March quarter, driven by one-time gain of Rs 43.16 crore from sale of a land parcel. Total revenue grew 38 per cent to Rs 931 crore, it said. For the full fiscal, net profit rose 30.7 per cent to Rs 400 crore, while total revenue for FY14 logged 8 per cent growth to Rs 3,399 crore.
• image from indianautoblog.com

Rana Motors launches First Car dealership Mobile Application in Delhi & NCR

Rana Motors, one of the leading providers of Maruti Suzuki cars in Delhi & NCR started a new trend in customer satisfaction by launching a first of its kind Mobile App.. The App ‘Rana Motors Accessbox’ enables existing customers of car dealership to reach out to dealership for any information, feedback or appointment in just a few clicks.

The App is developed by Autoninja and is currently available for Android based application which can be freely downloaded from Google Play Store. The App will soon be available on Apple Appstore for iphone users as well. Autoninja had also launched India’s First mobile app for any car dealership for Pratham Motors (Bangalore) last year. The App was also recommended as a Best Practice by Maruti Suzuki (issue #2013-14/bp/01).

The Mobile App is very modern and contemporary in design and at the same time very simply to use. Through the app, car owners have a direct chat line to the Rana CEO and can send honest feedback about their experience with the dealership.

Rana Motors Mobile App is the mobile car companion. The application connects with the dealership (Rana Motors) and pulls out the car details along with the complete service history. It sets automatic reminders for Insurance expiry, PUC expiry and service due date. The application helps in getting insurance and PUC documents on the mobile phone. If one gets a dent on the car, they don’t need to run to the dealer to get the estimate. Through the App, the customer can click a photograph of the dent & press “send” in the App. The dealer’s service team will reply with a cost estimate.

On the occasion Mr. R. S Rekhi, Director, Rana Motors opined “By launching ‘Rana Motors Accessbox’ we want to bring convenience to our customers by adopting latest technology. Now we are just one click away from our customers. We already have 300 active users in just fifteen days. The App truly gives meaning to our motto of ‘We Care, and It Shows”.

In today’s cluttered mobile app environment, Autoninja’s Accessbox mobile app is a refreshingly new product – a product that opens a true two-way channel of communication between a car dealership and its customers. It’s also a great way for a dealer to differentiate from other dealers in town – with a very unique user experience which creates a lasting impression.

Autoninja is one-of-a-kind startup, founder by promoters from IITs, IIMs and NID, which has found a unique niche in automobile sector. “Today almost 100% of car owners own a smartphone. So, we created a very unique platform, deeply integrated with Car dealer’s complex systems and processes. By doing so, we are able to automatically synch customer’s car details, due dates, documents and service history. So a user gets all that he needs to manage his car in a blink of an eye – like magic. This ‘wow’ has made our App huge success” Akhil Gupta, one of the promoters.

Link: https://play.google.com/store/apps/details?id=com.myaccessbox.ranamotors