FADA Releases September’20 Vehicle Registration Data
Get link
Facebook
X
Pinterest
Email
Other Apps
8thOctober’20,New Delhi:
The Federation of Automobile Dealers Associations (FADA) today released the Monthly Vehicle Registration Data for the Month of September’20.
September’20Retail Sales
Commenting on how September’20 performed, FADA President, Mr. Vinkesh Gulati said, “With the Government’s persistenteffort to unlock India, the month of September continued to witness Automobile Registrations on a rise as compared to previous months.
Passenger Vehicles for the first time saw positive growth coming back on YoY basis. With social distancing on customer’s mind coupled with government’s push to further normalise business conditions and banks becoming more considerate to finance vehicles, entry level passenger vehicles saw good demand thus indicating a preference for personal transportation over public. New Launches & Vehicle availability played their part as catalyst.A lower base during last FY also helped the cause.
Tractor sales continued its dream run as Kharif sowing witnessed record progress of area covered till date when compared to last year. With good Rabi season resulting in good disposable income, rural market also saw its rub off effect on 2-Wheeler, small passenger vehicles and small commercial vehicles. Overall, 2-wheeler, 3-Wheeler, and Commercial Vehicles continued to march ahead on MoM basis and inched up to narrow their gap with last year’s sale even though pre-covid levels are yet to be seen across all categories.
While recently, the economic revival was mostly limited to Rural India and impact of Covid-19 was still felt on larger states and urban centres, the top states which makes up half of India’s economic output (Maharashtra, Tamil Nadu, Uttar Pradesh, Karnataka, Gujarat and West Bengal) are now showing signs of revival as economic activities in these states are at its peak since lockdown began in March. This has also helped in creating a demand for automobile sales.”
Near Term Outlook
The month of October & November brings with itself the much awaited festival season of Navratri, DurgaPuja & Diwali.With no more lockdown as announced by the Central Government, FADA anticipates a high growth period during these two months for Automobile Sales in India.
The Government’s consideration to waive off interest on interest during moratorium up to Rs 2 Croreswill help in improving customer sentiment thus making them conclude vehicle purchase decision during the festivities.
With Banks and NBFCs also gearing up with various festival offers to woo retail customers, Auto Sales is expected to witness a renewed growth and may close at par with last year. Passenger vehicles and two wheelers are anticipated to lead the way.
As a caveat, with festival season round the corner and elections approaching in Bihar, the risk of Covid spread resurging may play a spoilsport in specific regions. Inventory for 2W stands at 45-50 days and PV stands at 35-40 days. Any dampener in vehicle sales during the upcoming festivals will have a catastrophic impact on Dealers financial health.
FADA thus once again advises extreme caution to both OEMs and the Dealers to avoid building any further inventory as this may lead to a disastrous situation similar to last 2 festive seasons when sales werebelow the mark.
Chart showing Vehicle Registration Datafor September’20 with YoYcomparisoncan be found below:
All India Vehicle Registration Data for September’20
CATEGORY
SEP’20
SEP’19
YoY %
2W
10,16,977
11,63,918
-12.62%
3W
24,060
58,485
-58.86%
CV
39,600
59,683
-33.65%
PV
1,95,665
1,78,189
9.81%
TRAC
68,564
38,008
80.39%
Total
13,44,866
14,98,283
-10.24%
Source: FADA Research
Disclaimer:
The above numbers do not have figures from AP, MP, LD &TSas all these States/UT’s are not yet on Vahan 4.
Vehicle Registration Data has been collated as on 06.10.20 and in collaboration with Ministry of Road Transport & Highways, Government of Indiaand has been gathered from 1,254 out of 1,461 RTOs.
Category-wise market share can be found in Annexure 1, Page No. 04
State-wise Vehicle Registration Analysis can be found in Annexure 2, Page No. 08.
—– End of Press Release —-
Annexure 1
OEM wise Market Share Data for the Month of September’20 with YoY comparison
Two-Wheeler (2W)
Two-Wheeler OEM
SEP’20
Market Share (%), SEP’20
SEP’19
Market Share (%), SEP’19
HERO MOTOCORP LTD
3,42,940
33.72%
3,85,851
33.15%
HONDA MOTORCYCLE AND SCOOTER INDIA (P) LTD
2,59,935
25.56%
3,00,954
25.86%
TVS MOTOR COMPANY LTD
1,57,347
15.47%
1,72,742
14.84%
BAJAJ AUTO LTD
1,22,098
12.01%
1,54,092
13.24%
INDIA YAMAHA MOTOR PVT LTD
44,436
4.37%
45,383
3.90%
ROYAL-ENFIELD (UNIT OF EICHER LTD)
41,487
4.08%
49,400
4.24%
SUZUKI MOTORCYCLE INDIA PVT LTD
39,996
3.93%
46,146
3.96%
PIAGGIO VEHICLES PVT LTD
3,343
0.33%
5,281
0.45%
CLASSIC LEGENDS PVT LTD
2,121
0.21%
1,492
0.13%
ADISHWAR AUTO RIDE INDIA PVT LTD
192
0.02%
95
0.01%
H-D MOTOR COMPANY INDIA PVT LTD
168
0.02%
170
0.01%
TRIUMPH MOTORCYCLES (INDIA) PVT LTD
70
0.01%
68
0.01%
INDIA KAWASAKI MOTORS PVT LTD
68
0.01%
246
0.02%
BMW INDIA PVT LTD
42
0.00%
161
0.01%
DUCATI INDIA PVT LTD
7
0.00%
19
0.00%
DUCATI MOTOR HOLDING S.P.A
5
0.00%
4
0.00%
Others including EV
2,722
0.27%
1,814
0.16%
Total
10,16,977
100.00%
11,63,918
100.00%
Source: FADA Research
Disclaimer:
The above numbers do not have figures from AP, MP, LD & TS as all these States/UT’s are not yet on Vahan 4.
Vehicle Registration Data has been collated as on 06.10.20 and in collaboration with Ministry of Road Transport & Highways, Government of Indiaand has been gathered from 1,254 out of 1,461 RTOs.
Three-Wheeler (3W)
Three-Wheeler OEM
SEP’20
Market Share (%), SEP’20
SEP’19
Market Share (%), SEP’19
BAJAJ AUTO LTD
9,149
38.03%
25,312
43.28%
PIAGGIO VEHICLES PVT LTD
5,394
22.42%
10,572
18.08%
ATUL AUTO LTD
940
3.91%
2,971
5.08%
TVS MOTOR COMPANY LTD
703
2.92%
1,083
1.85%
MAHINDRA & MAHINDRA LIMITED
468
1.95%
3,476
5.94%
Others including EV
7,406
30.78%
15,071
25.77%
Total
24,060
100.00%
58,485
100.00%
Source: FADA Research
Disclaimer:
The above numbers do not have figures from AP, MP, LD & TS as all these States/UT’s are not yet on Vahan 4.
Vehicle Registration Data has been collated as on 06.10.20 and in collaboration with Ministry of Road Transport & Highways, Government of Indiaand has been gathered from 1,254 out of 1,461 RTOs.
Commercial Vehicle (CV)
Commercial Vehicle OEM
SEP’20
Market Share (%), SEP’20
SEP’19
Market Share (%), SEP’19
MAHINDRA & MAHINDRA LIMITED
13,875
35.04%
14,311
23.98%
TATA MOTORS LTD
12,401
31.32%
26,150
43.81%
ASHOK LEYLAND LTD
4,490
11.34%
8,947
14.99%
MARUTI SUZUKI INDIA LTD
2,337
5.90%
2,047
3.43%
VE COMMERCIAL VEHICLES LTD
1,798
4.54%
3,068
5.14%
FORCE MOTORS LIMITED, A FIRODIA ENTERPRISE
605
1.53%
922
1.54%
DAIMLER INDIA COMMERCIAL VEHICLES PVT. LTD
570
1.44%
1,085
1.82%
SML ISUZU LTD
262
0.66%
690
1.16%
Others
3,262
8.24%
2,463
4.13%
Total
39,600
100.00%
59,683
100.00%
Source: FADA Research
Disclaimer:
The above numbers do not have figures from AP, MP, LD & TS as all these States/UT’s are not yet on Vahan 4.
Vehicle Registration Data has been collated as on 06.10.20 and in collaboration with Ministry of Road Transport & Highways, Government of Indiaand has been gathered from 1,254 out of 1,461 RTOs.
Passenger Vehicle (PV)
Passenger Vehicle OEM
SEP’20
Market Share (%), SEP’20
SEP’19
Market Share (%), SEP’19
MARUTI SUZUKI INDIA LTD
97,640
49.90%
84,927
47.66%
HYUNDAI MOTOR INDIA LTD
35,182
17.98%
31,689
17.78%
TATA MOTORS LTD
15,636
7.99%
9,528
5.35%
MAHINDRA & MAHINDRA LIMITED
11,060
5.65%
12,706
7.13%
KIA MOTORS INDIA PVT LTD
8,021
4.10%
3,080
1.73%
RENAULT INDIA PVT LTD
6,650
3.40%
5,173
2.90%
HONDA CARS INDIA LTD
5,594
2.86%
7,725
4.34%
TOYOTA KIRLOSKAR MOTOR PVT LTD
5,087
2.60%
8,176
4.59%
FORD INDIA PVT LTD
3,322
1.70%
4,418
2.48%
SKODA AUTO VOLKSWAGEN INDIA PVT LTD
1,808
0.92%
0
0.00%
MG MOTOR INDIA PVT LTD
1,786
0.91%
1,970
1.11%
NISSAN MOTOR INDIA PVT LTD
751
0.38%
1,617
0.91%
MERCEDES-BENZ INDIA PVT LTD
545
0.28%
772
0.43%
BMW INDIA PVT LTD
467
0.24%
600
0.34%
FIAT INDIA AUTOMOBILES PVT LTD
429
0.22%
633
0.36%
VOLKSWAGEN AG/INDIA PVT. LTD.
241
0.12%
1,799
1.01%
SKODA AUTO INDIA/AS PVT LTD
231
0.12%
924
0.52%
JAGUAR LAND ROVER INDIA LIMITED
135
0.07%
273
0.15%
VOLVO AUTO INDIA PVT LTD
120
0.06%
130
0.07%
FORCE MOTORS LIMITED, A FIRODIA ENTERPRISE
97
0.05%
553
0.31%
Audi AG
38
0.02%
227
0.13%
MERCEDES -BENZ AG
20
0.01%
0
0.00%
PORSCHE AG GERMANY
20
0.01%
30
0.02%
AUTOMOBILI LAMBORGHINI S.P.A
2
0.00%
0
0.00%
ROLLS ROYCE
1
0.00%
1
0.00%
FERRARI INDIA PRIVATE LIMITED
1
0.00%
2
0.00%
BENTLEY MOTORS LIMITED
0
0.00%
4
0.00%
Others
781
0.40%
1,232
0.69%
Total
1,95,665
100.00%
1,78,189
100.00%
Source: FADA Research
Disclaimer:
The above numbers do not have figures from AP, MP, LD & TS as all these States/UT’s are not yet on Vahan 4.
Vehicle Registration Data has been collated as on 06.10.20 and in collaboration with Ministry of Road Transport & Highways, Government of Indiaand has been gathered from 1,254 out of 1,461 RTOs.
Tractor (TRAC)
Tractor OEM
SEP’20
Market Share (%), SEP’20
SEP’19
Market Share (%), SEP’19
MAHINDRA & MAHINDRA LIMITED (TRACTOR)
15,597
22.75%
8,834
23.24%
MAHINDRA & MAHINDRA LIMITED (SWARAJ DIVISION)
11,466
16.72%
6,116
16.09%
INTERNATIONAL TRACTORS LIMITED
8,778
12.80%
4,714
12.40%
TAFE LIMITED
7,749
11.30%
4,160
10.95%
ESCORTS LIMITED (AGRI MACHINERY GROUP)
7,377
10.76%
4,168
10.97%
JOHN DEERE INDIA PVT LTD(TRACTOR DEVISION)
5,065
7.39%
3,033
7.98%
EICHER TRACTORS
4,219
6.15%
2,431
6.40%
CNH INDUSTRIAL (INDIA) PVT LTD
2,887
4.21%
1,671
4.40%
KUBOTA AGRICULTURAL MACHINERY INDIA PVT.LTD.
1,550
2.26%
528
1.39%
V.S.T. TILLERS TRACTORS LIMITED
848
1.24%
421
1.11%
FORCE MOTORS LIMITED, A FIRODIA ENTERPRISE
513
0.75%
210
0.55%
INDO FARM EQUIPMENT LIMITED
154
0.22%
159
0.42%
CAPTAIN TRACTORS PVT. LTD.
104
0.15%
121
0.32%
Others
2,257
3.29%
1,442
3.79%
Total
68,564
100.00%
38,008
100.00%
Source: FADA Research
Disclaimer:
The above numbers do not have figures from AP, MP, LD & TS as all these States/UT’s are not yet on Vahan 4.
Vehicle Registration Data has been collated as on 06.10.20 and in collaboration with Ministry of Road Transport & Highways, Government of Indiaand has been gathered from 1,254 out of 1,461 RTOs.
Annexure 2
State wise Vehicle Registration Data for the Month of September’20 with YoY comparison
Dedicated servers are often looked upon as over-expensive web hosting solutions. You may consider them an overkill for your business, but there is no denying the fact that they are the best hosting solution out there. Today, we will tell you some features of a dedicated WordPresshosting that makesit the best for your business. Reliability This is the key factor why most businesses choose a dedicated WordPress server hosting to host their website. A dedicated WordPress hosting server is administered and maintained by a team of professionals who provide online support and work towards optimising the performance of the server. Unlike shared and VPS hosting plans which give you access to limited resources, dedicated server hosting provides a good hosting support. This in turn increases the reliability. Scalability Every business aims to grow their customer base and increase revenues. However, with the limited resources provided by theshared hosting, it can be challenging to handle the high...
N- Urjit Patel, Governor of the Reserve Bank of India (RBI), and his five colleagues on the Monetary Policy Committee will not find it too hard to keep the key policy interest rate unchanged at the upcoming policy review on February 7. The 2-day deliberations on February 6 and 7 by the MPC on the repo rate decision are expected to remain tilted towards a pause mode, keeping the near term outlook hawkish. However, they may raise rates later given the risks of higher inflation with fiscal slippages and higher food prices with the government planning to increase the Minimum Support Price (MSP). In the Budget last week, the government promised to ensure MSP of key crops at 1.5 times the cost of production. This could mean at least a 50-70-basis-points increase in the headline inflation number. While banks and bond markets have already signaled the end of the interest rate easing cycle, the MPC may keep the repo rate unchanged at 6 percent. Inflation risks Although, experts suggest the infl...
A two-word app recommendation from Elon Musk has turned into a massive rally in the shares of a tiny medical device company in another case of mistaken identity. “Use Signal,” the Tesla Inc. chief executive officer wrote on Twitter on Jan. 7, apparently referring to the encrypted messaging service. By the end of the day, Signal Advance Inc. shares had surged more than sixfold. That was enough to push Signal Advance’s rally more than 5,100% in three trading days giving it a market valuation of $390 million. Despite reports about the confusion on Friday, the stock has continued to rally. Shares of the Rosharon, Texas-based company surged as much as 885% on Monday before paring the gains. “We strongly recommend people do their due diligence and always invest with care,” the company’s chief executive officer, Dr. Chris Hymel, said when reached by phone on Monday. Signal Advance doesn’t have an association with Musk or the Signal app, he said. Signal...
Comments
Post a Comment