Automotive Update - 12th October 2015

• General Motors India has announced the shipment of the first batch of 3,000 left-hand-drive Chevrolet Beats to Mexico. The vehicles left the Mumbai Port Trust of Maharashtra and are expected to arrive in Mexico within eight weeks, with sales commencing in December 2015. “In keeping with our commitment to the Make in India program, we are proud to celebrate the first shipment of Chevrolet Beats to Mexico, GM India’s second major export market,” said GM India President and Managing Director Arvind Saxena. “This is part of GM’s strategy to make India an export hub for global markets. We will continue to export Beats to Mexico on a monthly basis.” The Beat, badged as the Spark outside India, is available in more than 70 markets worldwide and has sold over 1 million units. - See more at: http://www.autocarpro.in/news-national/maharashtra-mexico-gm-india-despatches-export-shipment-9465#sthash.RgdFcKia.dpuf

• Mahindra Arjun NOVO 4WD tractor launched.Mahindra claims that the Arjun NOVO 4WD is the most technologically advanced tractor in the 57 hp category.The new Mahindra Arjun NOVO 605 DI-I -4WD is the technologically advanced and stylishly designed tractor, claims Mahindra. It is the new tractor to be launched Mahindra’s Arjun NOVO series, which was first launched last year in August. The first two tractors in the Arjun NOVO series were 57HP – 605DI-I & 52HP – 605DI-PS.(rushlane)

• Pune-based Kalyani Group on Sunday said Hyosung T&D India, a subsidiary of the South Korean major Hyosung Corp., will set up its greenfield manufacturing facility in Khed City near Pune.“The company will produce high voltage gas insulated switch gears and related accessories using state of art technology for domestic markets and thus contributing in enhancement of the electrical transmission efficiency and reliability,” Kalyani Group said in a statement.(livemint)

• Volvo Financial Services on Monday launched its operations in India, offering customisable loan, lease and insurance options for truck, construction equipments and bus customers under three different Volvo Group brands."Volvo Financial Services offers a comprehensive selection under Volvo Group brands Volvo Financial Services, Eicher Financial Services and SDLG Financial Services," the company said. "Volvo Financial Services strengthens the Volvo Group's ability to provide a competitive and total one-stop shop solution of equipment, loans, leases, insurance, maintenance, and other aftermarket services, to customers and dealers of the Volvo Group and VE Commercial Vehicles Ltd," it said in a statement. (businesstoday)

• The Supreme Court today imposed an 'Environment Compensation Charge' (ECC) on commercial vehicles entering Delhi, in addition to the toll tax, from November 1 for four months on a trial basis, in a bid to check high pollution levels in the city.The charges would be payable at the rates of Rs 700 for light duty vehicles and two-axle vehicles and Rs 1,300 for three-axle and above.(Etauto)

• Potential customers looking forward to drive home this festive season need to wait longer. As revealed by sources, Maruti Suzuki has formally announced the commencement of bookings for Baleno hatchback across the country on 14th October, 2015. Interested customers can book one with a booking amount of about Rs 11,000. The company shall also launch the facelifted version of popular MPV Ertiga on 15th of this month. The diesel version would get mild hybrid inputs and along with automatic transmission.(cartrade)

Automotive Updates - 10th and 11th October 2015

• US-based supplier of liquid and powder coatings, Axalta Coating Systems will double its production capacity and construct an automotive OEM coatings development laboratory at its operations centre at Savli in Gujarat, the company said in a release today. The company plans to invest an undisclosed amount that will enable it to meet the need for additional coatings among light vehicle automotive original equipment manufacturers (OEMs) in India. The Savli facility will continue to manufacture coatings for Axalta’s refinish, automotive parts and commercial vehicle customers, it said. The fresh investments in India are in line with the company’s forecast to increase the contribution of the Asia-Pacific region to its revenues from 15% at present to up to 25% in the next five years. - See more at: http://www.autocarpro.in/news-national/axalta-coating-double-capacity-india-revenue-asia-pacific-2022-9467#sthash.KPmJd1Uj.dpuf

• Car maker Hyundai Motor India (HMI) is looking at gaining market share in taxi hailing segment, which is dominated by its rival Maruti Suzuki. "Operators like Uber, Ola and others are aggressively increasing its presence in the taxi hailing segment in India. We are looking at this segment to gain market share", HMI Executive Director Y J Ahn told reporters here today.(cartrade)

• Singapore-based private equity firm Everstone Capital has purchased a controlling stake of over 51 per cent in domestic auto components maker SJS Enterprises for an estimated Rs 350 crore, executives close to the development said.The money will be used to expand capacity.The PE firm, launched by former Goldman investment bankers Samir Sain and Atul Kapur, acquired 26 per cent stake owned by American specialty printing company Serigraph and another 25 per cent stake from the three owners of the Bengaluru-based auto components maker.(ETauto)

• Debt-ridden Amtek Auto has pledged an additional 4.37 per cent stake in its subsidiary Castex Technologies towards short-term borrowing needs.Taken together, more than 1.56 crore shares were pledged withAllahabad Bank and State Bank of Bikaner & Jaipur on September 21 and September 28, respectively, according to regulatory filings by Castex.(businesstoday)

• Indian Motorcycle has inaugurated a dealership in Mumbai. It is located in Jogeshwari (E) at Unit No. 4 & 5, Hubtown Viva on the Western Express Highway and run by Auto Hangar (India) Pvt. Ltd. The dealership will cater to the region of Western Maharashtra, including Pune.The showroom will showcase the entire range of Indian Motorcycle products, currently available in the Indian market.(team-bhp)

• As it faces stiff competition from erstwhile partner Honda, Munjals-run Hero MotoCorp is set to give an image makeover to its best-selling bike Splendor Pro (100cc ).The Splendor has been the mainstay of Hero's firm grip on the large-volume Indian motorcycle market and the model, with all its variants, accounts for sale of 25 lakh units annually.It was launched in 1994, and the flagship variant was re-named as 'Splendor Pro' in 2010.(ETauto)

Tata Motors launches two new cars - the Bolt hatchback and sedan in South Africa

Key Features of Bolt hatch and sedan:

• MULTI DRIVE modes
• All new REVOTRON 1.2 Turbocharged MPFi Petrol engine
• Generation next Safety with 9th gen ABS by BoschTM, Corner Stability Control (CSC) and Dual Airbags
• ConnectNext touchscreen infotainment by HARMANTM

The new Tata Bolt hatch and sedan have arrived in South Africa, sporting stylish designs and are packed with segment first connectivity technology. Manufactured in Pune, India, the Bolt range has a new design language and offers comfortable and responsive driving experience.

"With the aim to deliver the best of products and services to our customers, we at Tata Motors are delighted to bring two new exciting products to the South African market -- the dynamic sedan and the sporty hatchback, Bolt. This range, represents the new DNA of our passenger vehicles business and is the first to be produced under our Horizonext strategy," remarked Mayank Pareek, President, Passenger Vehicle Business Unit, Tata Motors.

The Bolt hatch and sedan, extends Tata South Africa's passenger product portfolio, and offers an upgrade of distinctive style and remarkable features.

"We, at AMH, are very excited about the new Bolt Hatch and Sedan. We have no doubt that the range will be an incredible success for Tata Motors South Africa." commented Manny de Canha, CEO, Associated Motor Holdings Pty Ltd.

Tata Bolt Sedan

The launch of HORIZONEXT, Tata Motors' strategic plan, marked the paradigm shift in terms of fresh product design for the brand. Tata Bolt is the first vehicle from Tata Motors that clearly exemplifies the HORIZONEXT themes of Intense Product Focus, World-class Manufacturing Quality, Enriched Purchase Experience and Consistent Quality of Service for its passenger vehicle business.

The styling of the Tata Bolt sedan is based on its new design direction of 'Confident Dynamism'. With a classy new forward pouncing stance and well-sculpted body, the design portrays a sense of power and agility. The Tata Bolt comes with a neatly-layered dashboard in Java Black for a high-tech inviting feel.

The Tata Bolt comes standard with the Revotron 1.2L Turbocharged Multi-point Fuel Injection (MPFi) petrol engine. It has been developed in conjunction with global consultancies and suppliers to deliver world-class performance in terms of power, torque and efficiency.

The Multi-Drive mode functionality is one of the key innovations in the Tata Bolt. The 'Multi-Drive' technology enables switching between the default, ECO and CITY mode.

Understanding the dynamic consumer's increasing need for connectivity, the Bolt XT derivative offers its customers the ConnectNext experience which features the 5" ConnectNext Touchscreen, Advance voice command recognition, SMS notification and read outs and  Fully Automatic Temperature Controls on the touchscreen. The Company has worked closely with HARMANTM to design and engineer an acoustic audio and infotainment system which allows the driver to stay connected.

Tata Bolt Hatchback

The word BOLT signifies speed, representing an attitude of winning and staying ahead. This attitude is embodied in the new Tata BOLT hatch in all aspects of design, drive and seamless connectivity.

The silhouette reveals smooth, flowing lines finishing in a flat edge of the spoiler. While the rear-spoiler aids in aerodynamics, the effect of the wraparound rear windows by darkened C-pillar creates a distinctive floating roof design and provides an extra sporty touch to this hatch.

The Tata Bolt hatch comes standard with DriveNext features such as the REVOTRON engine, Multi-Drive Mode and an infotainment system. The Bolt hatch powered by the REVOTRON 1.2L Turbocharged MPFi petrol engine, gives maximum power output of 66kW@5000 RPM and peak torque of 140Nm@1500-4000 RPM.

With the Multi-Drive feature, the Bolt can switch between default, ECO and CITY mode. This coupled with advanced catalytic converter to reduce toxic emissions and Smart ECU (Electronic Control Unit) with various innovative strategies, ensures a responsive performance. The dual-path suspension coupled with a zero pivot sub-frame ensures smooth and comfortable ride and the 9th generation ABS with EBD (Electronic Brake Distribution) from Bosch for improved braking efficiency, and the Corner Stability Control feature, add to the safety features of the vehicle.

For Tata Bolt hatch, Tata Motors has continued its association with HARMANTM for developing the touchscreen infotainment system.

The Bolt hatchback starting retail price is R132 995 Incl. VAT, while the Bolt sedan starting retail price is R142 995 Incl. VAT. The vehicles will be available for sale, across the country in 43 Accordian dealerships as of today. The Bolt range will be available in two trims XMS and XT, respectively. The range will be available in a choice of 5 colours.

Attractively-styled, competitively priced and offering buyers the option of a five-door hatchback or a compact four-door sedan; the Bolt range is well placed to grow Tata's share of the important B-segment.

Mahindra & Mahindra assigned Baa3 rating with stable outlook by Moody's

 Mahindra & Mahindra Ltd. (M&M) has been assigned Baa3 foreign currency and local currency Issuer Rating with stable outlook by Moody's Investors Service, a leading International Credit Rating Agency. With this, M&M is now amongst a very few select Indian corporates who enjoy Investment Grade rating. It may be relevant to note that India’s sovereign rating also stands at Baa3.

The rating reflects M&M’s diversified business profile, leading market position in India, long track record of successful operations, strong corporate governance practices, financial flexibility and conservative financial policies.

Commenting on the development, Mr. Anand Mahindra, Chairman, Mahindra Group, said, "I am delighted about this investment grade rating by Moody's, which is truly a 'Rise' moment for the Mahindra Group. This achievement firmly anchors our Group aspiration to be among the top 50 most admired global brands by 2021. It is the result of our sustained credit profile through 70 years of successful operations, prudent financial policies and strong corporate governance, despite volatile and complex business cycles. The rating is also a validation of the long held faith of our stakeholders in M&M”.

On this occasion, Mr. V.S Parthasarathy, Group CFO, Group CIO & President (Group Finance and M&A), Member of the Group Executive Board, Mahindra & Mahindra Ltd., said “The Investment Grade rating signifies M&M’s leadership position in India in the UV and Tractor industries, and its strong credit metrics which build resilience and ensure financial flexibility. Moody’s finding that M&M’s credit profile is enhanced by its well diversified business profile, is a vote of confidence in the long term growth vision of the management. I am sure that this rating would firmly place M&M as a worthy destination for global investors."

M&M already enjoys the highest credit rating of AAA from leading domestic credit rating agencies, CRISIL, India Ratings, ICRA and CARE.

Automotive Updates - 8th October 2015

• Two days after Volkswagen AG announced it was reviewing all planned investments in the wake of a global emissions scandal, the company’s Indian unit said it would continue to invest to develop a new made-in-India compact sedan, an engine, and an engine assembly line.The company will invest Rs.1,500 crore by 2018-19 of whichRs.240 crore will go into new engine development plans and its first engine manufacturing facility, while the rest will be used to develop the sedan, increase localization, and improving the productivity of its manufacturing plant in Pune, (livemint)

• Polaris India, the wholly owned subsidiary of Polaris Industries Inc which makes off-road and all-terrain vehicles, today inaugurated its first Indian Motorcycle dealership in Mumbai. This is the fifth dealership of the motorcycle brand in India. By end-2016, the plan is to expand the dealership network to 12 showrooms across the country. Located in Jogeshwari (E) on the Western Express Highway, the showroom will have on display the entire Indian Motorcycle range which currently includes the Indian Roadmaster, Indian Chief Classic, Indian Chief Vintage, Indian Chieftain, Indian Chief Dark Horse and Indian Scout. - See more at: http://www.autocarpro.in/news-national/indian-motorcycle-dealership-mumbai-9444#sthash.DFVrY4YL.dpuf

• Production of Honda BR-V compact crossover is scheduled to commence at Honda Car India’s Tapukara plant (Rajasthan) in April 2016, reports Autocar Professional. The 7-seat SUV which was unveiled at the Indonesia International Motor Show earlier this year is the Japanese automaker’s answer to the Hyundai Creta, Maruti S-Cross and Renault Duster.The Honda SUV will be heavily relying on its additional set of seats to lure the SUV loving Indian audience. Based on the Brio platform, the BR-V is closely related to the Mobilio MPV.(rushlane)

• Renault's Kwid was recently launched in the country amid much glamor and enthusiasm. It was indeed love at first sight for customers looking out for entry-level hatchback in the country. The company has reportedly already received booking for about 25,000 units within two weeks of its launch. The aggressive introductory pricing between Rs 2.56 Lakh – Rs 3.53 Lakh along has also been responsible for its huge demand.(cartrade)

• Japanese tyre major Bridgestone is looking to enter two-wheeler segment in India as it aims to become a leading player in the country.The company, which on Wednesday launched a fuel efficient range of tyres under the Ecopia brand for passenger vehicles, is not present in the fast growing two-wheeler tyre segment.(Etauto)

• Focus on quality—that was the stern message that went out to the vendors of Tata Motors Ltd from Cyrus P. Mistry, chairman of the Tata Group at the company’s annual vendors’ meet on Tuesday.Addressing around 200 suppliers in Pune, Mistry warned that “relationships may get compromised”, if vendors do not work with the company on improving quality, said four people who attended the meet.“There will be zero tolerance on non-compliance on quality,” said Mistry. (livemint)

Indian automobile Sales - September 2015

•  Maruti Suzuki Indiahas reported 6.8 percent increase in total domestic sales for the month of September 2015, as against corresponding month last year, the company said in a BSE filing. It sold 1,06,083 units last month.When compared with total domestic sales of August 2015, Maruti Suzuki sold 698 units less in September.

• Hyundai Motor India Ltd (HMIL) today reported a 9.83 per cent increase in total sales at 56,535 units in September.The company had sold 51,471 units in the same month last year, HMIL said in a statement.In the domestic market, Hyundai sold 42,505 units last month as compared with 35,041 units in September 2014, up 21.3 per cent.

•  Ford India reported 63 percent jump in its combined domestic wholesales and exports in September, when compared with corresponding month last year, the company said in a press statement.It sold 22,428 units last month as against 13,742 vehicles in September 2014. September domestic wholesales stood at 8,274 vehicles (an increase of 22 percent) against 6,786 units in the same month last year, while exports witnessed jump of 103 percent. 

• In September, the toyota sold 11,401 units in the domestic market and exported 1,252 units of the Etios against 12,542 units sold in the domestic market and 1,502 units of the Etios exported in September 2014, the company said.

• TVS Motor Company announced that total sales of the Company in the month of September 2015 stood at 232,775 units against 236,751 units in September 2014. The Company lost sales of 20000 vehicles owning to non-availability of trucks due to transporters' strike.The Company's total exports rose 33% to 41,435 units in September 2015 from 31,229 units in September 2014. Two wheeler exports grew by 30% 30,908 units in September 2015 from 23,834 units in September 2014.

• VE Commercial vehicles, a 50:50 joint venture between Volvo Group and Eicher Motors, has sold 4248 units in September 2015 as compared to 3326 units in September last year, which is a growth of 27.7% (YTD Growth of 11.2%). This includes 4047 units of Eicher brand and 201 units of Volvo brand. 

• Following the trends of previous months, Royal Enfield increased the sales of its motorcycles to a total of 44,491 units in September 2015, a growth of 58.78% from the same month last year.The Chennai-based two-wheeler maker had sold only 28,020 units in September 2014. The sales in the domestic market stood at 43,741 units against 27,540 units in the same month in 2014, which is 58.82% higher.

• Escorts announced that Escorts Agri Machinery sold 5606 tractors in September 2015 compared to 7072 tractors in September 2014, registering a decline of almost 21%.Domestic sales comprised of 5576 tractors while exports for the month stood at 30 tractors, registering a decline of 18.5% and 86.8% respectively compared to domestic sales and exports in September 2014.

• The Company has sold 4,302 vehicles in the month of September 2015  as compared to 4,149 vehicles in the month of September 2014.showing growth of 3.69%.Futher, the total sales for FY 2015-2016 was 20,763 vehicles as compared to 19,521 vehicles for FY 2014-2015, showing growth of 6.36%.

• The biggest commercial vehicle manufacturer in India on Thursday announced flat sales in both passenger vehicle and commercial vehicle segments for September. Tata Motors sold 45,215 units, including both passenger and commercial vehicles, last month, down 2 per cent from a year-ago period. According to reports in the media, Tata Motors September United States JLR sales rose 61 per cent.

• Mahindra and Mahindra's auto sales numbers stood at 42,848 units during September 2015 as against 44,911 units during September 2014, the SUV manufacturer said in a BSE filing.The passenger vehicles segment sold 19,564 units in September 2015, a decline of 7 percent when compared with same month last year.

• Popular Indian 2 Wheeler maker, Honda Motorcycle and Scooter India limited (HMSI) reported that it sold over 58,000 units in one single during the auspicious day of Ganesha Chaturthi. According to Honda 2 Wheelers sales report for the month of September, Honda saw a decrease of 2% sales when compared to 2015 sales.The cumulative 2 wheeler sales that includes both exports and domestic sales stood at 430,732 units on September as against to 438,470 unit sales in 2014 there by showing a decline of 2% in terms of Year-on-Year growth.

• The fourth largest car manufacturer in the country, Honda Cars India Limited. (HCIL) have revealed that for the month of September 2015, their sales (including exports) stood at 19,291 units. This compared to their sales in September 2014 (15,395 units), is an increase of 23%.

• Country's largest two-wheeler maker Hero MotoCorp today reported a marginal increase in the sales at 6,06,744 units in September.The company had sold 6,04,052 units in the same month last year, Hero MotoCorp said in a statement."Hero MotoCorp has consolidated its share in the domestic motorcycle market to 52 per cent and in the 125 cc segment to around 50 per cent," it added.

• Bajaj Auto announced sales for September 2015. Accordingly, total sales stood at 384400 units in September 2015 compared to 399450 units in September 2014, recording a decline of 4%. Exports stood at 173801 units in September 2015 compared to 174211 units in September 2014. Total sales comprised of motorcycle sales of 330228 units and sales of commercial vehicles of 54172 units in September 2015.

• India Yamaha Motor Pvt Ltd registered a growth of 13 per cent in domestic sales in September 2015, over the same period last year.The company sold 67267 units in September 2015 as against 59325 units sold in September last year.“The incessant growth numbers are a sign of success of Yamaha’s robust business plan and strategic customer engagement programs. The month has ended on a very positive note for us as we launched the new variant of YZF–R15S and the color variants of FZ-S Fuel Injector version and FAZER Fuel Injector version.

Honda Cars India Ltd. registers 23% growth in domestic sales in September 2015

onda Cars India Ltd. (HCIL), leading manufacturer of premium cars in India, registered a growth of 23% with monthly domestic sales of 18,509 units in September 2015 against 15,015 units in the corresponding month last year.

The company registered a cumulative domestic sales of 97,217 units in first half of FY 15-16 (April -September 2015) against 88,200 units for the corresponding period last year marking a growth of 10%.

HCIL also exported a total of 782 units during September 2015.

Model wise sales break-up for September 2015:
Brio	759
Jazz	4,762
Amaze	6,577
City	5,702
Mobilio	643
CR-V	66
Domestic Total	18,509
Exports	782
Grand Total	19,291

Atul auto Sales Performance for September 2015

The Company has sold 4,302 vehicles in the month of September 2015  as compared to 4,149 vehicles in the month of September 2014.

showing growth of 3.69%.

Futher, the total sales for FY 2015-2016 was 20,763 vehicles as compared to 19,521 vehicles for FY 2014-2015, 

showing growth of 6.36%

Tata Motors sales for September 2015 at 45,215 units

Sales of Tata Motors passenger and commercial vehicles (including exports) were lower by 2% at 45,215 units, sold in September 2015, over 46,154 vehicles sold in September 2014. The domestic sale of Tata commercial and passenger vehicles for September 2015 were flat at 40,813 nos., over 40,908 vehicles sold in September 2014. 

Cumulative sales (including exports) for the fiscal at 242,569 nos., higher by 2% over 236,670 vehicles, sold last year.

Passenger Vehicles

In September 2015, Tata Motors passenger vehicles sales were flat at 11,774 nos., compared to 11,931 nos.

The sale of the passenger cars in September 2015 were higher by 5% at 10,226 nos., compared to 9,766 nos., in September 2014. UV sales declined by 28% at 1,548 nos., in September 2015.  

Cumulative sales of all passenger vehicles in the domestic market for the fiscal are 65,006 nos., higher by 15% over last year.

Commercial Vehicles

In commercial vehicles, M&HCV sales continued to grow at 15,915 nos., higher by 52%, over September 2014. The Light & Small Commercial Vehicle sales however continued to reflect industry decline and were at 13,124 nos., a decline of 29% over September 2014.These impacted the overall commercial vehicles sales for Tata Motors in the domestic market,  that were flat at 29,039 nos. in September 2015.

Cumulative sales of commercial vehicles in the domestic market for the fiscal was 149,361 nos., lower by 4% over last year. Cumulative LCV sales was 77,204 nos., a decline of 22% over last year, while M&HCV sales at 72,157 nos., were higher by 27%, over last year.  

Exports

The company's sales from exports were 4,402 nos., in September 2015, lower by 16% compared to 5,246 vehicles in September 2014. The cumulative sales from exports for the fiscal at 28,202  nos., were higher by 16%, over 24,316 nos., sold last year. 

About Tata Motors

Tata Motors Limited is India’s largest automobile company, with consolidated revenues of INR 2,62,796 crores (USD 42.04 billion) in 2014-15. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, South Africa and Indonesia. Among them is Jaguar Land Rover, the business comprising the two iconic British brands. It also has an industrial joint venture with Fiat in India.  With over 8 million Tata vehicles plying in India, Tata Motors is the country’s market leader in commercial vehicles and among the top in passenger vehicles. Tata cars, buses and trucks are being marketed in several countries in Europe, Africa, the Middle East, South Asia, South East Asia, Sou

TVS Motor Company sales at 232,775 units in September 2015

Total sales of TVS Motor Company for the month of September 2015 stood at 232,775 units against 236,751 units recorded in the month of September 2014. The company lost sales of 20,000 vehicles owing to non-availability of trucks due to transporters’ strike.

Exports

The company's total exports grew by 33% to 41,435 units in September 2015 from 31,229 units in September 2014. Two wheeler exports grew by 30% to 30,908 units in September 2015 from 23,834 units in September 2014.

Two Wheeler

Total two wheeler sales stood at 221,002 units in September 2015 compared to 227,589 units sold in September 2014. Domestic two wheeler sales in September 2015 stood at 190,094 units against 203,755 units in September 2014.

Scooters sales of the company grew by 14% to 75,369 units in September 2015 increasing from 65,993 units in September 2014. Motorcycles sales stood at 90,378 units in September 2015 against 91,627 units in September 2014.

Three Wheeler

Three wheeler sales of the company registered an increase of 28% to 11,773 units in September 2015 growing from 9,162 units in September 2014. 

Second Quarter Sales Performance

During the second quarter of the current financial year, sales of TVS Motor Company increased to 6.79 lakh units. Total two wheeler sales stood at 6.46 lakh units in the quarter ended September 2015 against sales of 6.48 lakh units in the quarter ended September 2014. Total three wheeler sales grew by 18% increasing from 0.28 lakh in the quarter ended September 2014 to 0.33 lakh units in the quarter ended September 2015.