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Passenger automobile gross sales cross 3mn items in ’16-17 | Autocar India

The Indian passenger automobile trade has lastly surpassed the three-million-units gross sales mark, for the primary time ever. In line with the Society of Indian Car Producers (SIAM), passenger automobile gross sales rose 9.23 p.c from the earlier yr to 30,46,727 items within the yr ended March 31, 2017, thereby registering its finest efficiency in 5 years. Whereas the expansion momentum was robust within the first six months, gross sales had been hit within the second half as a result of demonetisation train. The passenger automobile house was hit for a short interval however regained normalcy by January 2017.

The general passenger automobile trade (passenger automobiles, utility autos and vans) achieved the 3-million milestone on the again of latest launches in addition to sharp development in SUV gross sales at 7,61,997 items (up 29.91 p.c year-on-year), what with demand for compact SUVs going by means of the roof. Demand for vans, although, was muted with gross sales of 181,734 items ( up 2.37 p.c). The passenger automotive phase bought a complete of 21,02,996 items (up 3.85 p.c).  

Maruti Suzuki, the nation’s main carmaker, is striding confidently in direction of its focused 2 million gross sales in 2020. In 2016-17, the carmaker crossed the 1.5 million gross sales landmark for the primary time ever. In March 2017, the corporate bought a complete of 1,39,763 items, comprising 1,27,999 items within the home market (up 7.40 p.c). With this, it has ended 2016-17 with its highest ever whole gross sales of 15,68,603 items, a development of 9.Eight p.c and contains its highest ever home gross sales of 14,44,541 items.

The place Maruti is stretching the lead versus its rivals is within the utility automobile phase, due to surging gross sales of the Vitara Brezza. Its whole utility automobile gross sales rose 31.Eight p.c year-on-year to 18,311 items (March 2016: 13,894). Utility automobile gross sales, which have doubled up to now yr, have given Maruti the increase in its fiscal numbers. In FY’17 (April-March), on account of big client demand for the Vitara Brezza – Maruti’s first compact SUV – and likewise the Ertiga MPV, utility automobile gross sales jumped 107 p.c to 1,95,741 items (2015-16: 94,416).

The compact automobiles (Swift, Ritz, Celerio, Ignis, Baleno, Dzire) had been the most important contributors to home gross sales at 5,84,850 items, up 7.9 p.c yr on yr. The Baleno, which has crossed 1,50,000 gross sales within the home market, clearly is the star performer on this lot.

The premium Ciaz sedan was additionally a powerful performer within the fiscal, going dwelling to 64,448 patrons, up 18.Eight p.c. The Ciaz, just like the Baleno, additionally crossed the 1,50,000 gross sales landmark final month. What’s worrying for Maruti is that the Alto and the Wagon R are seeing tepid demand. The 2 automobiles noticed gross sales of 4,13,981 items, down 4.Four p.c (2015-16: 4,32,977).

Hyundai, which crossed the milestone of half million gross sales for the primary time in a fiscal, bought 44,757 items in March, up 8.6 p.c on-year (March 2016: 41,201). For 2016-17, it bought a complete of 5,09,707, recording a development of 5.2 p.c (2015-16: 4,84,324).

Mahindra & Mahindra, which bought 25,352 passenger autos in March 2017, down six p.c on-year (March 2016: 26,885), bought a complete of two,36,130 items in 2016-17, to document zero or flat development (2015-16: 2,36,307). Rajan Wadhera, president, automotive sector, M&M, stated, “Nonetheless, the auto trade continues to see blended reactions attributable to a number of exterior challenges and the more moderen one being the surprising verdict on the sale of BS-III autos that has derailed many deliberate operations. Going ahead, components such because the possible softening of rates of interest, revision in gas costs, GST implementation and the Union Funds’s concentrate on rural are anticipated to convey again demand.”

Honda reported home gross sales of 18,950 items in March 2017, a year-on-year development of 8.7 p.c (March 2016: 17,430). New fashions just like the 2017 Metropolis sedan and the WR-V crossover had been main contributors to general gross sales. Whereas the Metropolis with 6,271 items was the most important vendor, the WR-V with 3,833 items was the subsequent finest. 

Nonetheless, the carmaker wants its gross sales to develop quicker. Whereas the March 2017 gross sales present an uptick, general FY’17 gross sales of 1,57,313 items are down 22 p.c on 2015-16 gross sales of 1,92,059 items.

Tata Motors, which is driving a brand new wave of demand for its passenger autos, bought 15,433 items within the home market in March 2017, a development of 84 p.c over March 2016. The corporate says that is as a result of continued robust demand for the Tiago hatchback. It has additionally obtained an encouraging buyer response for its just lately launched Hexa SUV and the Tigor. Cumulative gross sales for the fiscal had been 1,53,151 items, a development of 22 p.c (2015-16: 1,25,946).

Toyota registered an 81 p.c year-on-year development to 13,796 items (March 2016: 7,637 items). The corporate stated that it has posted a 12 p.c development in gross sales in FY’17 on the again of overwhelming response to the Innova Crysta. In simply lower than a yr, the Crysta has bought near 75,000 items in India. The Camry Hybrid too has been seeing rising gross sales, reinforcing buyer acceptance in direction of hybrid know-how. Within the April 2016-February 2017 interval, the Camry Hybrid has bought 1,146 items.

Ford India bought 8,700 items within the home market in March, up 15.07 p.c year-on-year (March 2016: 7,560). For the fiscal yr, it recorded whole gross sales to the tune of 91,405 items, up 14.33 p.c (2015-16: 79,944).

Nissan Motor India bought a complete of 5,309 autos in March 2017, a rise of 21 p.c over March 2016. The corporate additionally introduced whole home gross sales of 57,315 items in FY’17, registering a development of 45 p.c over the earlier monetary yr, and the highest-ever quantity achieved by the corporate in India. In line with firm president Guillaume Sicard, the carmaker plans to launch eight new merchandise in India by 2021 with an purpose to attain 5 p.c market share. It presently has a market share of 1.9 p.c throughout the nation’s passenger autos phase.

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Kiara kumari