The brand new yr 2021 has ushered in a ray of positivity and has constructed contemporary hopes. The Indian authorities launched the COVID-19 vaccine on 16 January and commenced the primary part of vaccination for healthcare and frontline employees. As companies regularly acquire tempo and shopper sentiments enhance, automotive producers have witnessed modest development in gross sales in January 2021. Maruti Suzuki, Hyundai, and Tata Motors proceed to be the top-three highest-selling automobile producers within the nation in January 2021.
The nation’s largest automotive producer, Maruti Suzuki witnessed cumulative gross sales of 1,39,002-units in January 2021 as in comparison with 1,39,844-unit gross sales in the identical interval final yr, thereby witnessing a gentle drop in gross sales by 0.6 per cent. The highest-three key contributors for Maruti Suzuki in January had been the Alto (18,260 models), Swift (17,180 models), and the WagonR (17,165 models).
India’s largest automotive exporter, Hyundai continues to be the second bestseller within the nation. Curiously, the corporate has witnessed a wholesome 23.8 per cent development with 52,005-unit gross sales final month as towards 42,002-unit gross sales in January 2020. The highest-three widespread sellers for Hyundai final month had been – the Creta (12,284 models), Venue (11,779 models), and the Grand i10 (10,865 models).
The nation’s widespread utility automobile producer, Tata Motors witnessed 26,980-unit gross sales as towards 13,893-unit gross sales in the identical interval final yr. Curiously, Tata Motors has witnessed a powerful 94.2 per cent development in January 2021 as towards the identical interval in 2020. The highest-three widespread sellers for the corporate final month had been – the Nexon (8,225 models), the Altroz (7,378 models), and the Tiago (6,909 models). Additionally it is value noting that the Nexon has registered its highest ever gross sales milestone in India final month.
Mahindra continues to outsell Kia Motors for the second consecutive month in a row. Mahindra has registered a 4.8 per cent development in January 2021 with 20,498-unit gross sales as in comparison with 19,555 models offered in January 2020. The Bolero (7,567 models), XUV300 (4,612 models), and the Scorpio (4,083 models) are the important thing contributors to the general gross sales.
Kia Motors, comparatively a more recent model within the nation, continues to compete strongly within the Indian market with only a three-product line-up – Seltos, Sonet, and the Carnival. The corporate offered 19,056 models in January 2021 as towards 15,450-unit gross sales in January 2020, thereby registered a 23.3 per cent development in gross sales in India final month. The Seltos and the Sonet have been the important thing contributors with 9,869-unit and eight,859-unit gross sales, respectively.
Honda Amaze continues to be a powerful vendor for the corporate in India final month. Honda cumulatively offered 11,320 models final month as towards 5,299-unit gross sales in the identical interval final yr, thereby registering a powerful 113.6 per cent development in gross sales. The Honda Amaze gross sales have elevated by 73 per cent with 5,477 models offered final month as towards 3,160-unit gross sales in January 2020. The Honda City is the second bestseller for the corporate with 3,667-unit gross sales final month.
Toyota registered a 91.7 per cent development in gross sales final month. The corporate offered 11,126 models within the nation final month as in comparison with 5,804-unit gross sales in the identical interval final yr. The Innova Crysta and the Glanza have been the favored promoting fashions for the corporate for some time now.
Renault has witnessed a 5.2 per cent development with 8,209-unit gross sales in January 2021 as towards 7,805-unit gross sales in the identical interval final yr. The Renault Triber is among the many high 25 widespread promoting fashions within the nation with 4,082 unit gross sales final month. The upcoming Renault Kiger is anticipated to spice up up gross sales for the corporate within the months to come back.
Ford has registered a 15.2 per cent drop in gross sales, with 4,141-unit gross sales in January 2021 as towards 4,881-unit gross sales in the identical interval final yr.
Nissan has registered its highest ever 184.6 per cent development in January 2021 with 4,021-unit gross sales in January 2021 as in comparison with 1,413-unit gross sales in the identical interval final yr. The Nissan Magnite has been the game-changer for the corporate in India and we anticipate to witness a considerable development in gross sales within the months to come back.
MG Motors at present has 4 fashions on sale in India – the Hector, Hector Plus, Gloster, and the ZS EV. The corporate has registered a 15.1 per cent development in gross sales with 3,602-unit gross sales final month as in comparison with 3,130-unit gross sales in the identical interval final yr.
The German automotive producer, Volkswagen has witnessed 85.2 per cent development in gross sales with 2,041-unit gross sales final month as towards 1,102-unit gross sales in the identical interval final yr.
Skoda has witnessed a 25.5 per cent drop in gross sales with 1,004-unit gross sales in January 2021 as in comparison with 1,347-unit gross sales in the identical interval final yr.
FCA has additionally witnessed 43.8 per cent drop in gross sales with 394-unit gross sales in January 2021 as in comparison with 701-unit gross sales in the identical interval final yr.
Many of the main automotive producers have already lined up contemporary product launches this yr. Backed by bettering purchaser sentiments and new product launches, automotive gross sales are anticipated to develop positively within the months to come back.
