JATO Dynamics India

𝐆𝐚𝐢𝐧 𝐯𝐚𝐥𝐮𝐚𝐛𝐥𝐞 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐢𝐧𝐭𝐨 𝐭𝐡𝐞 𝐚𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐰𝐢𝐭𝐡 𝐉𝐀𝐓𝐎 𝐃𝐲𝐧𝐚𝐦𝐢𝐜𝐬 Are you looking for insights into the automotive market to support your strategic planning process? JATO Dynamics India can help. We provide market research, analytics, and consulting services to help you make informed decisions about product positioning, pricing, and marketing strategies. Our reports and services cover a wide range of topics, including: 𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐌𝐨𝐝𝐞𝐥 𝐌𝐢𝐱 : Insights into the most popular car and SCV models in different cities. 𝐏𝐫𝐢𝐜𝐞 𝐭𝐫𝐚𝐜𝐤𝐞𝐫: Tracks changes in pricing over time for new and used cars and SCVs 𝐏𝐫𝐢𝐜𝐞 𝐄𝐥𝐚𝐬𝐭𝐢𝐜𝐢𝐭𝐲: Helps you understand how changes in price affect demand. 𝐆𝐥𝐨𝐛𝐚𝐥 𝐄𝐕 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭: Provides forecasts for the electric vehicle market, including sales, registrations, and penetration rates. 𝐕𝐚𝐥𝐮𝐞 𝐭𝐚𝐛𝐥𝐞𝐬 𝐚𝐧𝐝 𝐬𝐞𝐭𝐬: Provides updated values for a variety of automotive metrics, including vehicle prices, incentives, and margins. 𝐃𝐞𝐚𝐥𝐞𝐫 𝐦𝐚𝐫𝐠𝐢𝐧𝐬 𝐚𝐧𝐝 𝐢𝐧𝐜𝐞𝐧𝐭𝐢𝐯𝐞𝐬: Insights into dealer margins and incentives for new and used cars. 𝐍𝐚𝐯𝐢𝐠𝐚𝐭𝐨𝐫𝐬 – 𝐏𝐫𝐨𝐝𝐮𝐜𝐭, 𝐈𝐧𝐜𝐞𝐧𝐭𝐢𝐯𝐞𝐬 & 𝐓𝐫𝐢𝐦 𝐌𝐢𝐱: Product, Incentives & MMix: Insights into product, incentives, and marketing mix strategies for new and used cars. 𝐕𝐨𝐥𝐮𝐦𝐞𝐬: Insights into new car sales, used car sales, and aftersales volumes. In addition to our reports, we also offer consulting services to help you develop and implement your strategic plan. We can also provide market research to help you understand your customers and the competitive landscape. We are confident that our services can help you achieve your marketing goals. We have a proven track record of success, and we are proud to serve the automotive ecosystem across the globe. Our customer list includes leading names in OEMs, leasing, insurance companies and automotive portals. 𝐃𝐌 𝐭𝐨 𝐬𝐜𝐡𝐞𝐝𝐮𝐥𝐞 𝐚 𝐦𝐞𝐞𝐭𝐢𝐧𝐠 #automotive #marketresearch #analytics #consulting #strategic #planning

JATO Dynamics India 'Retail Monitor' Reports Decline in September Two-Wheeler Registrations According to JATO Dynamics, India's two-wheeler registrations saw an 8.4% decrease in September 2024 compared to the same month in 2023. Sales fell from 1,316 thousand units in September 2023 to 1,206 thousand units in September 2024. This decline represents 110,000 fewer two-wheelers sold in September 2024 compared to the previous year. The data highlights a significant shift in the Indian two-wheeler market, potentially reflecting changing consumer behaviors or economic factors affecting the industry. As always, JATO Dynamics continues to provide valuable insights into automotive market trends. Stay tuned for more updates on the evolving landscape of India's automotive sector. #JATODynamics #IndianAutomotive #TwoWheelerMarket #MarketInsights

New JATO Dynamics India ‘Retail Monitor’ data reveals a concerning trend in India's automotive sector. While September factory dispatches saw a modest 1.1% decline, car registrations experienced a more substantial drop of 16.7% compared to last year. Key points from the latest data: • September 2024 registrations: 286.0 thousand units • September 2023 registrations: 343.5 thousand units • Year-over-year decline: 16.7% This follows the 6.0% drop in August registrations we reported last month. The widening gap between dispatches and retail sales suggests potential inventory buildup and softening consumer demand. What factors do you think are driving this trend? Are we seeing a shift in consumer behavior or broader economic influences at play? #AutoIndustry #IndianMarket #EconomicTrends

New Arrival: BYD eMAX 7 Launch Date: BYD launched the new eMAX 7 on 8th October 2024. Significance: This is India's first electric MPV, available in 6 and 7 seater options. It serves as the successor to the BYD e6, which was the company's first electric passenger vehicle in India. Battery and Performance Options: 1. 55.4 kWh battery: 163 PS max power, 310 Nm max torque, 420 km range (NEDC) 2. 71.8 kWh battery: 204 PS max power, 310 Nm max torque, 530 km range (NEDC) Key Features: - Six airbags - Adaptive Cruise Control - Autonomous Emergency Braking - Emergency Lane Keeping Assist - Panoramic glass roof - 12.8" intelligent rotating touch screen - ABS, EPF, EBD - ADAS (Advanced Driver Assistance Systems) Additional Safety and Convenience Features: The eMAX 7 is designed to be a secure and practical choice for families, with numerous safety elements and driver assistance features. Pricing and Variants: - Starts at INR 26.9L Ex-Showroom, Pan India - Available in 2 trims: Premium and Superior - Options for 6 or 7 seats The BYD eMAX 7 represents a significant entry into the Indian electric vehicle market, offering a combination of space, range, and advanced features in the MPV segment. Its launch demonstrates BYD's commitment to expanding its electric vehicle lineup in India, catering to families and those seeking a larger, more versatile electric vehicle option.

India Car Sales - Country of Origin (FY H1 2024-25) This chart illustrates the breakdown of car sales in India by the country of origin of the manufacturers for the first half of fiscal year 2024-25, along with year-over-year changes compared to FY H1 2023. Market Share in India (FY H1 2024-25): - Japan-based brands: 49.8% - India-based brands: 25.4% - Korea-based brands: 20.5% - Other countries (Germany, France, USA, Czech Republic, China) collectively account for the remaining ~4.3% Year-over-Year Changes (FY H1 2024 vs FY H1 2023): - India-based brands: +1.1% - USA-based brands: -0.05% - China-based brands: -0.1% - Germany-based brands: -0.1% - Korea-based brands: -0.2% - France-based brands: -0.3% - Czech Republic-based brands: -0.4% - Japan-based brands: -0.5% Japanese automotive brands continue to lead the Indian car market, capturing nearly half of all sales. However, they've experienced a slight decline compared to the previous year. Indian domestic brands have shown the strongest growth, increasing their market share and now accounting for over a quarter of sales in their home market. Korean brands maintain a strong third position but have seen a minor decrease in share. Notably, India-based manufacturers are the only group showing positive growth in market share, while all other countries' brands experienced small declines. This trend suggests a gradual shift in consumer preference towards domestic brands in the Indian automotive market over the past six months, possibly reflecting improvements in the offerings of Indian manufacturers or changing consumer sentiments.

India Car Sales-Country of Origin The chart shows the market share breakdown for car sales in India by country of origin for September 2024, as well as year-over-year changes compared to September 2023. Market Share (September 2024): - Japan: 49.2% - India: 25.7% - Korea: 20.8% - Other countries (China, France, USA, Germany, Czech Republic) collectively make up the remaining ~4.3% Year-over-Year Changes (September 2024 vs September 2023): - India: +1.9% - Korea: +0.9% - Japan: -1.9% - Czech Republic: -0.2% - China: -0.1% - France: -0.04% - Germany: -0.04% - USA: -0.03% The data indicates that Japanese brands continue to dominate the Indian car market with nearly half the market share, though showing the largest year-over-year decline. Domestic Indian brands have seen the strongest year-over-year growth, now commanding over a quarter of the market. Korean brands maintain their position as the third-largest origin for car sales in India, also showing positive growth compared to the previous year.

Significant market developments from Kia India this week. The launch of Kia EV9 marks the brand's entry into the premium electric SUV segment in India. At ₹1.29 Cr (Ex-Showroom, Delhi), this GT Line offering brings notable technical specifications: • 99.8 kWh battery configuration • Dual motor architecture delivering 384 PS and 700 Nm • Level 2 ADAS integration • Focus on premium segment positioning In parallel, Kia's strategic shift with the Carnival MPV to CBU operations signals a clear upmarket repositioning. The diesel-only powertrain strategy for this 7-seater with captain seat configuration reflects ongoing market segmentation in the premium MPV space. These developments indicate Kia's calculated approach to premium segment expansion in the Indian market, particularly noteworthy given current EV adoption trends and luxury MPV demand patterns. #AutomotiveIndustry #MarketAnalysis #KiaIndia

September 2024 Indian Passenger Vehicle Sales Report The latest domestic passenger vehicle sales data has been released for September 2024, revealing several key market developments: Market Overview: • Total industry volume: 358,884 units • Year-over-Year change: -1.09% • Month-over-Month growth: +1.30% Key Highlights: 1. Market Leadership - Maruti Suzuki maintains its leading position with 144,962 units (40.39% market share) - Hyundai follows at 51,101 units (14.24% market share) -Mahindra secured Third position with 51,062 units (14.23% market share) and 23.74% growth. - Tata secured Forth position with 41,063 units (11.44% market share) 2. Notable Performances - KIA demonstrated solid performance: +17.49% YoY, reaching 23,523 units - Toyota registered moderate growth: +7.37% YoY, reaching 23,802 units 3. Market Share Movements - Mahindra gained the most: +2.85 percentage points - Maruti Suzuki saw a -1.17 percentage point change - Top three manufacturers represent 66.07% of the market The data indicates a marginal year-over-year decline of 1.09% while showing positive month-over-month growth of 1.30%. #AutomotiveIndustry #MarketAnalysis #IndustryReport

India Car Sales - Country of Origin The chart shows the market share breakdown for car sales in India by country of origin for August 2024, as well as year-over-year changes compared to August 2023. Market Share (August 2024): - Japan: 50.6% - India: 24.7% - Korea: 20.3% - Other countries (China, France, USA, Germany, Czech Republic) collectively make up the remaining 4.4% Year-over-Year Changes (August 2024 vs August 2023): - India: +1.8% - Korea: +0.2% - China: +0.1% - France: +0.1% - USA: +0.0% - Germany: -0.1% - Czech Republic: -0.4% - Japan: -1.6% The data indicates that while Japanese brands still dominate the Indian car market with over half the market share, domestic Indian brands have seen the strongest year-over-year growth. Korean brands maintain a significant presence as the third-largest origin for car sales in India.

India's Automotive Market: Growth Stalls in August Despite YTD Gains In a year of contrasts, India's automotive sector presents a complex picture. While the January-August 2024 period shows a 5% year-over-year growth, August itself saw a 2.2% decline, signaling a potential slowdown in the market's momentum. YTD Numbers Mask Recent Challenges The cumulative data for the first eight months of 2024 indicates that 2.86 million vehicles were sold, up from 2.72 million in the same period last year. However, the August decline suggests that the industry may be facing headwinds as it enters the latter part of the year. Market Leaders Navigate Changing Tides Maruti Suzuki maintains its dominant position with a 41.3% market share, despite a 1% year-over-year dip. The company's January-August sales grew by 2.6% to 1.17 million units, showcasing resilience in a fluctuating market. Hyundai and Tata Motors hold the second and third positions with 14.3% and 13.4% market shares respectively. Both manufacturers managed to increase their year-to-date sales volumes, even as the market shows signs of cooling. Mahindra Defies Trends In stark contrast to the overall market slowdown, Mahindra has posted impressive gains. With a 22.9% growth in year-to-date sales and a market share increase of 1.7 percentage points, Mahindra's performance stands out in an increasingly challenging environment. Toyota's Strong Performance Toyota emerges as another success story, with a remarkable 41.1% increase in January-August sales. This surge has elevated Toyota's market share to 6.9%, a gain of 1.8 percentage points, indicating a growing demand for its offerings despite broader market fluctuations. A Market at a Crossroads The contrasting year-to-date growth and August decline paint a picture of a market at a crucial juncture. While some manufacturers like Kia, Honda, and Volkswagen face challenges, others such as Renault, Skoda, Citroen, and Jeep are grappling with more significant setbacks in their market performance. As the Indian automotive sector navigates through these mixed signals, the ability to adapt to rapidly changing consumer preferences and economic conditions will be crucial for manufacturers looking to maintain growth in the remaining months of 2024.