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Overview Of The Indian Car Market In 2010

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  • 8/7/2019 Overview Of The Indian Car Market In 2010

    1/3

    nuary 2011

    Evolution of market shares between major car manufacturers in India:2009 - 2010 comparison based on sales volumes

    1%1%1%

    2%3%

    3%12%

    13%

    26%

    38%

    Maruti Suzuki

    Tata Motors

    Hyundai Motor India Ltd.

    Mahindra & Mahindra

    Ford

    Toyota

    Honda

    Fiat India

    Skoda

    Volkswagen

    0%1%1%1%

    3%3%12%

    14%

    25%

    40%

    Maruti Suzuki

    Tata Motors

    Hyundai Motor India Ltd.

    Mahindra & Mahindra

    Honda

    Toyota

    Ford

    Fiat India

    Skoda

    Volkswagen

    Newcomers have added

    fierce competition for hard-

    to-gain market shares

    0

    750000

    1500000

    2250000

    3000000

    2009 2010

    2009 - 2010

    Maruti Suzuki

    Tata Motors

    Hyundai Motor India Ltd.

    Mahindra & MahindraFord

    Toyota

    Honda

    Fiat India

    Skoda

    Volkswagen

    2009 2010

    V o l k s w a g e n

    accomplishes one of

    the best year-on-year

    progression in terms

    of market shares

    Overall distribution is stable, with Tata Motors showing a

    satisfactory yearly progression while Maruti Suzuki and

    Hyundai Motor India Ltd. show a relative loss of market

    shares imputable to aggressive competition from market

    entrants.

    Growth in sales has been

    profitable to almost all actors,

    with the notable exception of

    Fiat, largely missing its yearly

    goal.

    Limited market shares are still

    efraining new entrants from

    ully profiting from overall

    sales volume inflation, leaving

    argest carmakers take the

    ons share.

    Distribution of sales volume between major car manufacturers in India:

    Overview Of The Indian Car

    Market In 2010

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  • 8/7/2019 Overview Of The Indian Car Market In 2010

    2/3

    nuary 2011

    Monthly car sales breakdown of four largest manufacturers:2009 - 2010 comparison based on monthly sales volumes

    0

    27500

    55000

    82500

    110000

    January 10 April 10 July 10 October 100

    2500

    5000

    7500

    0000

    January 09 April 09 July 09 October 09

    Tata Motors Hyundai Motor India Ltd. Mahindra & Mahindra Maruti Suzuki

    While overall positions and market shares havent changed significantly between the four largest manufacturers

    on the Indian market, a monthly breakdown reveals interesting shifts in strategies and some missed

    opportunities. Although monthly sales have been relatively stables for back runners Hyundai Motor India Ltd.andMahindra & Mahindra, 2009 and 2010 have seen a fierce battle for dominance between Tata Motors

    and Maruti Suzuki.

    Outstanding monthly performances by Tata Motors on the period January 2009 - January 2010 seemed two

    hint too a potential monthly outselling ofMaruti Suzuki. But the potential spur expected from the Nano failed

    o come through and Tata Motors closed the year 2010 on an underperformance; leaving room Maruti

    Suzukiplenty of room to seize new sales during the summer 2010.

    2009 2010

    Difficult start for the Tata Nano:

    ndian automobile firm Tata Motors hit a roughpatch from mid-2010 on with its new Nano. The

    preceding year, the company had selected 1,55

    akh customers to be the first recipients of the

    car but these failed to take immediate delivery of

    he car when it was announced to be ready.

    By December 2010 it appeared that Tata

    Motors had only managed to deliver 77,000

    cars, including second lot and open sales

    buyers, since July 2009.

    Failure to launch could be explained by poorecords of road safety and incidents which have

    smeared the cars reputation. In response the

    company offered free upgrades and extended

    warranties but consumers remained cautious.

    Overview Of The Indian Car

    Market In 2010

    IndiaTransportPortal.com

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  • 8/7/2019 Overview Of The Indian Car Market In 2010

    3/3

    nuary 2011

    Fast-paced growth in the luxury car segment spurs competition between carmakers

    An old feud is being revived between the two german

    eavyweight BMW and Mercedes Benz in India.

    While Mercedes has been present for a few years on

    he Indian market, BMWs arrival in 2007 spurred new

    ompetition.

    Mercedes displayed a remarkable response capacity,

    putting forward intimidating sales number and a best

    ver second quarter with 799 sales between April andune 2010.

    However, in 2010, it seemed as if BMW would

    ventually outgrow its arch Nemesis, touting record

    ales in the month of October 2010 and impressive

    verall growth that allowed the company to close the

    ales gap with rivaling firm Mercedes.

    Perspectives:

    Promising growth on the luxury car market:

    60%annual growth rate of

    the luxury car segment

    in India

    388units sold in June 2010,

    Mercedes best month

    753 units sold in October 2010,BMWs best ever month

    25%

    30%

    overall growth rate of the domestic car

    market in India on the period 2009 - 2010

    and above expected growth rate of thedomestic car market in India for the period

    2010 - 20112010

    The Indian market appears to be slowdown-proof

    2011

    Overview Of The Indian Car

    Market In 2010

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