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Auto sales post GST: August 2017


Published: 07-Sep-2017

News - Auto sales post GST: August 2017

Indian Automobile market seems to be going through ups and downs post GST. India’s leading carmaker Maruti Suzuki has managed to remain as the topper with Hyundai and Mahindra to follow. Few companies like Toyota and Ford had considerable decline in sales owing to the drop in export figures while the hike in prices of luxury cars post GST and delayed production contributed to the drop in sales of passenger cars altogether. Let us take a look at the sales figures across different segments:

Passenger and Commercial Vehicles :

Indian carmaker Maruti Suzuki played lead with a growth in domestic sales by 26.7% in August 2017 compared to August 2016. This time, it was not the hatchbacks or the compact SUVs that uplifted the company’s sales figures but the compact car segment. Maruti Dzire 2017 and new Baleno were the major contributors to the upsurge in this segment with a 62.4% growth. At the same time, the company’s total export sales dropped by 4.7%.

Hyundai held second position recording 9% growth while Mahindra & Mahindra has climbed up the sales ladder in August by 4% (YoY). Hyundai owes last month sales to newly launched Verna which crossed 7000 bookings in first few days of launch and are very positive on the upcoming festive season. Mahindra witnessed 6%growth in passenger car segment while their popular SUVs reported 7% growth in sales. Their commercial vehicles alone reported a growth of 45% while the exports fell down drastically by 29% compared to last year August.

Honda cars recorded domestic sales growth by 25% while their export figures fell down by 13% in August 2017 (YoY). On account of the festive season ahead, the company has already announced special benefits for the customers through The Great Honda Fest. Toyota and Ford on the other hand witnessed 6.8% and 40% decline in their sales figures respectively. Toyota blamed this fall in figures on their production inability to meet up with the customer demand after GST implementation. At the same time, Ford reported severe decline in export sales while domestic sales managed with only 9% drop. It seems like the increase in luxury cess has badly affected these two carmakers.

India’s very own Tata Motors reported a total growth of 26% in domestic sales on both passenger and commercial vehicles segment. Tata Hexa being the main contributor to this growth, passenger vehicles segment alone grew by 10% in August 2017 while exports declined by a whopping 53% compared to last year same month.

Commercial Vehicles:

Commercial vehicle sales seem to have steadied up with favourable monsoons and attractive finance options. Tata Motors reported growth of 34% on their commercial vehicles segment while Ashok Leyland claimed a growth of 25%, Bajaj Auto by 13%, Mahindra &Mahindra by 17% and TVS with three wheelers by 26.9% holding respective positions in the upward graph of August 2017 sales.

Two Wheelers:

With the festive season approaching early this year, two wheeler markets on the other hand have shown remarkable growth in sales figures. Hero Motocorp made its highest ever record sales last month with a growth of 10% (YoY). TVS recorded 16% growth with scooter sales contributing a major share of 49.3%. Sadly, their motorcycles failed to make any progress this August but total exports from the company recorded 33.7% growth. Suzuki Motorcycles recorded their highest ever sales with a growth of 54% in August (YoY) while Yamaha Motors reported sales of 77,887 units in August 2017 compared to 74,868 units last year same month.

Design Editions of Q3 and Q7 launched in India

Design Editions of Q3 and Q7 launched in India


Audi launched special design editions of Audi Q3 and Q7 in India at Rs.40.76 lakh and Rs.82.37 lakh respectively. The new design editions get cosmetic tweaks on the exteriors while their interiors receive additional equipment


Maserati Ghibli 2018 launched in India at 1.33 Cr INR

Maserati Ghibli 2018 launched in India at 1.33 Cr INR


The entry of the Maserati Ghibli dates back to 2014 and was then introduced in the midsize luxury sedan segment. The 2014 Ghibli was offered with a turbocharged Six-cylinder engine satisfying both luxury and performance equally. The latest, 2018 Ghibli gets a little cosmetic adjustment from Maserati which is appealing in all its senses.

 Maruti Suzuki Ignis all set to be launched next month
Maruti Suzuki Ignis all set to be launched next month

• Maruti Suzuki Ignis to be launched on 13th January 2017

• Addressed as a premium urban crossover, Ignis comes with a lot of unique features for the Indian specific model

• Available in both Petrol and Diesel trims and expected to be priced around Rs.5-7 lakh approximately


Peugeot buys Ambassador Car brand from Hindustan Motors
Peugeot buys Ambassador Car brand from Hindustan Motors

Hindustan Motors has signed an agreement with Peugeot, selling Ambassador Brand and certain related rights at a sum of Rs.80 crore. It also said that the proceeds of the sale will be used to clear all pending dues of employees and lenders.


Maruti Suzuki Swift 2017 Old wine in a new bottle  Find out
Maruti Suzuki Swift 2017 Old wine in a new bottle Find out

Maruti Suzuki has launched the New Swift 2017 in Japan and it is just months away to the Indian launch. It is expected to reach India in the second half of 2017 and there has been some real buzz about it for quite some time now.
The unique and most loved car since 2005 has chosen a new avatar for the 2017 launch and is being awaited by the enthusiasts all over.


Honda WR-V ready to hit Indian roads on March 16th, 2017
Honda WR-V ready to hit Indian roads on March 16th, 2017

Honda WR-V (Winsome Runabout Vehicle), the sub compact crossover was unveiled at the 2016 Sao Paulo Motor Show in Brazil. Now, Honda is about to launch the same here in the country on March 16th, 2017. As WR-V rolls here, India will earn the name for being the first country to produce and launch it in the world. Previously named as the Jazz Twist, this crossover is based on the company’s best seller Honda Jazz but is slightly longer and taller than the latter.


Mercedes Benz India announces plans to bring hybrid & electric car
Mercedes Benz India announces plans to bring hybrid & electric car

As the Indian Government has been taking quicker and necessary steps to curb the growing pollution in the country, the automobile market too seems to be rapidly making moves alongside. This year, Indian Government planned to skip the implementation of BS-V norms altogether and is about to leap from BS-IV to VI in next four years, i.e. stricter emission norms by 2020.


Jeep Compass expected to be priced around 25 lakh
Jeep Compass expected to be priced around 25 lakh

August 1st witnessed the launch of the iconic Jeep Grand Cherokee in India. Fiat Chrysler Automobiles which brought the brand to India as CBU (Completely Built Up) units with a heavy price tag had promised that they will soon launch a Made in India SUV at their new facility (JV with Tata) in Ranjangaon, Pune.


Isuzu MU-X launched in India at a starting price of Rs.23.99 lakh
Isuzu MU-X launched in India at a starting price of Rs.23.99 lakh

MU-X, A new SUV from Isuzu Motors India was launched in India on Thursday replacing the MU-7 from their Indian line-up. This robust utility vehicle comes in two variants- a 4x2 variant priced at Rs.23.99 lakh and 4x4 variant at Rs.25.99 lakh (Both Ex-showroom Delhi). The MU-X shares its platform with the new-generation D-Max and rivals against the likes of Toyota Fortuner and Ford Endeavour. The MU-X had conquered the global market until March 2017 after which a facelifted version of the same was launched there. The facelift MU-X will reach India in another year or so, depending on how good the Indian markets welcome this model here.


2017 Maruti Dzire- Bookings open at Rs.11,000 token amount
2017 Maruti Dzire- Bookings open at Rs.11,000 token amount

Maruti Suzuki has geared up for the launch of its most popular sub compact sedan, the 2017 Dzire in India on May 16th. The company dealerships have officially started to accept bookings for the same at a token amount of Rs.11,000. There is also an option for customers who have already booked the outgoing model to upgrade it to the third generation Dzire.


car COMPARISON

MARUTI SUZUKI Swift 2018

MARUTI SUZUKI
Swift 2018

ZDI
7.49 Lakh

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HYUNDAI Elite i20 2018

HYUNDAI
Elite i20 2018

Diesel Sportz
7.83 Lakh

Maruti Suzuki’s huge pavilion at Auto Expo 2018 to display 18 vehicles

Maruti Suzuki’s huge pavilion at Auto Expo 2018 to display 18 vehicles

India’s largest car maker Maruti Suzuki is all set to create news once again with the largest vehicle display at the Auto Expo 2018. This time, the company has set up a massive pavilion of 4200 square meters, built on the theme of ‘Transformotion’. Through this theme, Maruti Suzuki intends to show their transformation towards developing innovative ideas, design and technology that usher the consumers to a whole new level of future.

Maruti Suzuki Swift RS expected to launch at Auto Expo 2018

Maruti Suzuki Swift RS expected to launch at Auto Expo 2018

India’s leading carmaker Maruti Suzuki is expected to launch the most awaited version of their best-selling model Swift at the Auto Expo 2018. Upon launch, the third generation Maruti Suzuki Swift will lock horns with Hyundai Grand i10, Volkswagen Polo GT TSI and Ford Figo Sport. While bookings have already begun for this model across various company dealerships at a token amount of Rs.11000, spied images of the same have been circulating online.

Indian Automobile Market records sales growth in November

Indian Automobile Market records sales growth in November

Leading Auto companies recorded double digit sales in India last month in contrary to the sales in October. Top car makers Maruti Suzuki and Toyota were the major gainers along with Ford, Hyundai, Tata Motors and M&M to follow.

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