Ganesha Upadhya’s Post

Indian PV market dispatch for November 2024 - Overall dispatch at around 3,50,000 which is 4% up from LY 3,36,000 - Maruti Suzuki India Limited up by 5% with 1,41,312 - Hyundai Motor India Ltd. dipped by 2% with 48,246 - Tata Motors up by 2% at 46,063 - Toyota Kirloskar Motor significantly up by 45% at 24,446 - Morris Garages India rose by 20% at 6,019 with strong response for #windsor #automotive #automotiveindustry #sales #india #growth #cars #suv https://lnkd.in/ggJuttQC

The Tata Punch has become India’s top-selling car with over 1.26 lakh units sold between January and July 2024. The Maruti Suzuki WagonR, which has been the top-selling car in India for a long time, slipped to second place with 1.16 lakh units sold. The Hyundai Creta was the third best-selling car during this period with 1.09 lakh units sold, followed by the Maruti Brezza and Ertiga with 1.05 lakh and 1.04 lakh units, respectively. Tata Motors has registered a massive growth in the sales of the Punch compared to the same period last year when just over 79,000 units were sold. However, in July 2024, Punch sales slipped to fourth position with the Hyundai Creta taking the top spot. According to media reports, electric and CNG variants make up 47% of Punch’s total sales, whereas CNG contributes to 45% of WagonR’s sales. CNG variants of the Brezza and Ertiga make up 27% and 58% of their respective sales. Tata Motors Autocar

🚗 November 2024 Car Sales – Market Snapshot 🚗 In November 2024, the Indian passenger car market saw a total of 3.51 lakh units sold, marking a 5% increase compared to November last year, despite an 11.6% drop from October 2024. Traditionally, November is a quieter month for car manufacturers, as many customers hold off on purchases, anticipating better deals in December. However, this year, the marriage season and attractive offers from OEMs helped sustain sales volumes, leading to a notable year-on-year growth. With high stock levels at dealerships, December is shaping up to be an excellent month for car buyers, with the best discounts of the year expected! Key Highlights: - Tata Motors reclaimed its third position, surpassing Mahindra by just 841 units. The competition among Hyundai, Tata, and Mahindra for the top spots is heating up! - Maruti Suzuki sold 1,41,312 units, a 5.33% increase from November 2023, despite an 11.5% decline from October. The recent launch of the Dzire facelift is set to strengthen its position in the Sub-4m sedan segment. - Hyundai India experienced a 2.4% YoY drop, with 48,246 units sold, down 13.2% from October. - Mahindra continues its strong performance with 46,222 units dispatched, marking the eleventh consecutive month of over 40k units. - Tata Motors reported 47,063 units, a 2.2% growth from last year, with a 9% increase in EV sales, totaling 5,202 units. As we move into December, the excitement in the automotive sector continues to build. Let’s see how the competition unfolds! #CarSales #AutomotiveIndustry #TataMotors #MarutiSuzuki #Hyundai #Mahindra #MarketTrends #EVs #SalesGrowth

- Maruti Suzuki symbolizes the robust partnership between India and Japan, fostering bilateral cooperation. #IndiaJapanPartnership #BtoB - India’s Foreign Minister, Hon Dr. Jaishankar, emphasized the dominance of Government to Government relations over Business to Business ties during a Nikkei event in Tokyo on 8th March 2024. #GovernmentRelations #IndiaJapanDiplomacy - The conventional narrative dictates that businesses typically lead governmental initiatives, making the current state of affairs between India and Japan an anomaly. #BusinessLeadership #GovernmentRelations - The dynamic between India and Japan presents a unique and intriguing situation, warranting closer examination and analysis. #BilateralRelations #IndiaJapan - There's a valuable lesson for Japan to glean from the leadership of Hon Osamu Suzuki in fostering ties with India. #LeadershipLesson #BilateralCooperation - Despite Maruti Suzuki's significance, there appears to be a notable absence of recognition in mainstream Japanese media and business circles. #MarutiSuzuki #JapanBusiness - Honoring Hon Osamu Suzuki in Japan akin to the acknowledgment bestowed upon Hon Toyoda of Toyota Motors would be a fitting tribute to his contributions. #HonoringLeaders #SuzukiMotors #ToyotaMotors

Vehicle Price Hike in India by January 2025 - Key Manufacturers Automobile manufacturers in India have announced price hikes across various models starting January 2025. Here is the list of manufacturers and their updates: 1. Hyundai Motor India • Price Hike: Up to ₹25,000 across all models. • Reason: Rising input costs, unfavorable exchange rates, and increased logistics costs. • Effective Date: January 1, 2025 . 2. Audi India • Price Hike: 3% across the entire model range. • Reason: Increased input costs and operational expenses. • Effective Date: January 1, 2025 . 3. BMW Motorrad India • Price Hike: Up to 2.5% across its motorcycles. • Reason: Inflation and higher input costs. • Effective Date: January 2025 . 4. Mercedes-Benz India • Price Hike: 3% across all models. • Reason: Higher production and logistics costs. • Effective Date: January 2025 . 5. Maruti Suzuki • Price Hike: Specific hike not yet disclosed but planned across its model lineup. • Reason: Rising material and input costs . 6. Tata Motors • Price Hike: Specific hike not disclosed but confirmed across commercial and passenger vehicles. • Reason: Higher costs of production and new regulatory compliance . 7. Honda Cars India • Price Hike: To be implemented across its lineup; exact percentage not announced yet. • Reason: Increased input and logistics costs .

In a scenario reminiscent of a traffic jam, over 4 lakh unsold cars are expected to clutter dealership lots across India, representing a staggering ₹44,000 crores in inventory value, by the end of May. It's not just a challenge; it's an opportunity for innovation! Amidst whispers of economic slowdown and pandemic-induced woes, the industry's resilience shines through as manufacturers deploy creative strategies like production cuts, inventory wizardry, and irresistible discounts to navigate these uncharted roads. But here's the twist: this isn't just about clearing lots; it's about revving up a renewed consumer excitement, igniting passion for the open road once more. But in this age of shared mobility and convenient solutions like Ola/Uber and not the least; public transport , how do we re-ignite the Automobile demand spark? #IndianAutoIndustry #Automobile #RoadToRecovery source link: https://lnkd.in/g7arz92p

Hyundai India Sells Over 70,000 Units in October 2024 In October 2024, Hyundai India sold 70,078 vehicles, showing a 2% increase from previous sales. #hyundai #HyundaiCreta #HyundaiMotor #carsales #carbikez #latestnewstoday #news #NewsUpdate #newsfeed #LatestNews #automotive #autonews #automobile #cars #carnews

𝗔𝘂𝘁𝗼 𝗦𝗮𝗹𝗲𝘀 𝗗𝗲𝗰𝗹𝗶𝗻𝗲 𝗔𝗴𝗮𝗶𝗻 𝗶𝗻 𝗔𝘂𝗴𝘂𝘀𝘁 Auto sales in India fell by up to 𝟯% in August, marking the second consecutive month of decline. This dip is attributed to a high base from last year and carmakers 𝗿𝗲𝗱𝘂𝗰𝗶𝗻𝗴 𝗱𝗲𝗮𝗹𝗲𝗿 𝗱𝗶𝘀𝗽𝗮𝘁𝗰𝗵𝗲𝘀 𝘁o manages high inventory levels. 𝗗𝗶𝘀𝗽𝗮𝘁𝗰𝗵𝗲𝘀 𝗮𝗻𝗱 𝗜𝗻𝘃𝗲𝗻𝘁𝗼𝗿𝘆 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁. Industry estimates suggest that around 𝟯𝟱𝟬,𝟬𝟬𝟬-𝟯𝟱𝟱,𝟬𝟬𝟬 vehicles were dispatched from factories to dealers in August, down from 𝟯𝟲𝟭,𝟭𝟮𝟯 vehicles in the same month last year. 𝗠𝗮𝗿𝘂𝘁𝗶 𝗦𝘂𝘇𝘂𝗸𝗶 saw an 𝟴.𝟰% drop in sales, with 𝟭𝟰𝟯,𝟬𝟳𝟱 units sold. The company adjusted its dispatches to align with market demand, reducing dealership inventory to 𝟯𝟲 days. 𝗦𝗨𝗩𝘀 𝗗𝗿𝗶𝘃𝗲 𝗦𝗮𝗹𝗲𝘀 𝗶𝗻 𝗧𝗵𝗲 𝗠𝗮𝗿𝗸𝗲𝘁. Despite the decline, SUVs continue to be a strong segment for manufacturers. Maruti Suzuki's SUV sales made up 𝟱𝟱% of its total passenger vehicle sales in August. 𝗛𝘆𝘂𝗻𝗱𝗮𝗶 also saw 𝟲𝟲%* of its domestic sales come from SUVs. However, Hyundai's overall sales dropped by 𝟴% to 𝟰𝟵,𝟱𝟮𝟱 units. 𝗠𝗶𝘅𝗲𝗱 𝗣𝗲𝗿𝗳𝗼𝗿𝗺𝗮𝗻𝗰𝗲 𝗔𝗺𝗼𝗻𝗴 𝗔𝘂𝘁𝗼𝗺𝗮𝗸𝗲𝗿𝘀 While Maruti Suzuki,Hy undai, and Tata Motors saw declines, Toyota, Kia, and MG Motor bucked the trend. 𝗧𝗼𝘆𝗼𝘁𝗮 sales surged by 𝟯𝟲% to 28,589 vehicles, 𝗞𝗶𝗮 increased by 𝟭𝟳% to 22,523 vehicles, and 𝗠𝗚 𝗠𝗼𝘁𝗼𝗿 sold 4,571 vehicles. 𝗙𝗲𝘀𝘁𝗶𝘃𝗲 𝗦𝗲𝗮𝘀𝗼𝗻 𝗢𝘂𝘁𝗹𝗼𝗼𝗸 Carmakers are optimistic about a 𝗱𝗲𝗺𝗮𝗻𝗱 𝗿𝗲𝘃𝗶𝘃𝗮𝗹 during the upcoming festive season, starting with Ganesh Chaturthi and Onam. Increased consumer interest and higher footfall are already being observed, especially in SUVs and MPVs, which are seeing strong demand even in tier-2 and tier-3 markets. 𝗖𝗼𝗻𝗰𝗹𝘂𝘀𝗶𝗼𝗻 The automotive industry faced challenges in August with a slight decline in sales, but optimism remains high as the festive season approaches, with expectations for a significant rebound in demand. 𝗦𝘁𝗼𝗰𝗸𝘀 𝗶𝗻 𝗙𝗼𝗰𝘂𝘀: 𝗧𝗮𝘁𝗮 𝗠𝗼𝘁𝗼𝗿𝘀 𝗟𝘁𝗱: 𝗠𝗮𝗿𝗸𝗲𝘁 𝗖𝗮𝗽: 𝟰,𝟬𝟰𝟰 𝗯𝗻 𝗜𝗡𝗥 𝗦𝗵𝗮𝗿𝗲 𝗣𝗿𝗶𝗰𝗲: 𝟭,𝟬𝟵𝟵 𝗜𝗡𝗥 𝗠𝗮𝗿𝘂𝘁𝗶 𝗦𝘂𝘇𝘂𝗸𝗶 𝗜𝗻𝗱𝗶𝗮 𝗟𝘁𝗱 𝗠𝗮𝗿𝗸𝗲𝘁 𝗖𝗮𝗽: 𝟯,𝟵𝟭𝟰 𝗯𝗻 𝗜𝗡𝗥 𝗦𝗵𝗮𝗿𝗲 𝗣𝗿𝗶𝗰𝗲: 𝟭𝟮,𝟰𝟱𝟬 𝗜𝗡𝗥 𝗠𝗮𝗵𝗶𝗻𝗱𝗿𝗮 𝗮𝗻𝗱 𝗠𝗮𝗵𝗶𝗻𝗱𝗿𝗮 𝗟𝘁𝗱 𝗠𝗮𝗿𝗸𝗲𝘁 𝗖𝗮𝗽: 𝟯,𝟰𝟳𝟮 𝗯𝗻 𝗜𝗡𝗥 𝗦𝗵𝗮𝗿𝗲 𝗣𝗿𝗶𝗰𝗲: 𝟮,𝟳𝟴𝟬 𝗜𝗡𝗥 𝗕𝗮𝗷𝗮𝗷 𝗔𝘂𝘁𝗼 𝗟𝘁𝗱 𝗠𝗮𝗿𝗸𝗲𝘁 𝗖𝗮𝗽: 𝟯,𝟬𝟲𝟵 𝗯𝗻 𝗜𝗡𝗥 𝗦𝗵𝗮𝗿𝗲 𝗣𝗿𝗶𝗰𝗲: 𝟭𝟬,𝟵𝟵𝟬 𝗜𝗡𝗥 Rishabh Kale

#Wheelsbingo #ToyotaIndia #AprilSales #AutomotiveIndustry #DrivingForward #SalesSurge #IndianMarket #ToyotaNation #InnovativeTechnology TOYOTA INDIA DRIVES FORWARD: A 32% SURGE IN APRIL SALES! Toyota India returned impressive sales figures for April 2024 from its latest update, indicating an amazing 32% surge against the figures recorded in the same month in April 2023. The sales figure which has gone up to 20.494 units in the last year ensures that the brand is only growing in its stature with each passing day. https://lnkd.in/gUepcR32

TVS Motor Records 13% Sales Growth in October with 4.89 Lakh Units Sold In October 2024, TVS Motor Company, an Indian automaker, sold 4,89,015 units, showing a 13% increase from the 4,34,714 units sold in October 2023. Specifically, two-wheelers saw a 14% growth, with sales rising from 4,20,610 units in October 2023 to 4,78,159 units in October 2024. Sales of motorcycles and scooters in India went up by 13% in the past year. From October 2023 to October 2024, the number of units sold increased from 344,957 to 390,489. . . #tvsmotorcompany #TVSMotor #TVSmotorcycles #carbikez #latestnewstoday #news #NewsUpdate #newsfeed #LatestNews #automotive #autonews #automobile #bikes #motorcycle