Ravi G Bhatia’s Post

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 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

JATO Dynamics India research on sales trends and discounts was cited by Business Standard. The data reveals significant shifts in India's automotive market discounting strategies: • Average discounts across major automakers increased 12% in 2024 compared to 2023 • Discount ranges widened to ₹20,000-₹3.15 lakh across various models • Some manufacturers, like Toyota and Honda, have more than doubled their discount offerings These trends point to broader industry challenges: 1. Declining sales amidst rising inventories 2. Intensifying competition during the festival season 3. Potential pressure on profit margins as discounts deepen The sustainability of these aggressive discounting strategies remains a key question for the industry. While they may boost short-term sales, the long-term impact on brand value and profitability needs careful consideration. As the market evolves, it will be crucial to monitor how these discounting trends affect consumer behavior, brand positioning, and overall industry health. Link here :- https://lnkd.in/dFum4DiC

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? #Connection #Insights #Visualization #AutoMarket #Automobile #Data

JATO Dynamics India ‘Retail Monitor’ reports 6.6% Growth in August Two-Wheeler Registrations. According to JATO Dynamics, India's two-wheeler registrations saw a 6.6% increase in August 2024 compared to the same month in 2023, with sales rising from 1,259 thousand to 1,342 thousand units.

JATO Dynamics India ‘Retail Monitor’ reports 6.6% Growth in August Two-Wheeler Registrations. According to JATO Dynamics, India's two-wheeler registrations saw a 6.6% increase in August 2024 compared to the same month in 2023, with sales rising from 1,259 thousand to 1,342 thousand units.

India's Two-Wheeler Market: H1 2024 Registration Analysis JATO Dynamics India has released data on India's two-wheeler registrations for the first half of 2024. Key observations: 1. April Performance: Highest registrations recorded at 1,649,000 units. 2. January-May Trend: Consistent registrations above 1.4 million units monthly. 3. June Decline: Notable decrease to 1,378,000 units, potentially indicating seasonal shifts. 4. Q1 Progression: Gradual increase from January (1,465K) through March (1,596K). 5. Q2 Fluctuation: Following April's peak, May saw 1,599K registrations before June's decline. These figures provide insight into the current state of India's two-wheeler market. Various factors including economic conditions, fuel prices, and seasonal demand may have contributed to these trends. We welcome industry perspectives on these data points and invite comparisons with other automotive segments. #IndiaAutomotive #TwoWheelerMarket #MarketAnalysis

India's Two-Wheeler Market: H1 2024 Registration Analysis JATO Dynamics India's latest data release on India's two-wheeler registrations for H1 2024 reveals intriguing insights: - April Performance: Record highest monthly registration of 1,649,000 units. - January-May Trend: Consistent monthly registrations exceeding 1.4 million units. - June Decline: A noticeable drop to 1,378,000 units, potentially indicating seasonal shifts. - Q1 Progression: A steady rise from 1,465K in January to 1,596K in March. - Q2 Fluctuation: May maintained the momentum with 1,599K registrations post April's peak, followed by June's decline. These figures shed light on the current state of India's two-wheeler market. Factors like economic conditions, fuel prices, and seasonal demand likely influence these patterns. We encourage industry perspectives on these statistics and welcome comparative analyses with other automotive segments. #IndiaAutomotive #TwoWheelerIndustry #MarketAnalysis #automotive

🚗 The automotive sector in India has seen a robust growth in retail sales, with a notable 14% increase year-on-year in July. This surge, driven by a thriving rural economy, enhanced product availability, and attractive launches, underscores the industry's resilience. However, this growth has been accompanied by an unprecedented pileup in passenger vehicle (PV) inventory levels, now equating to ₹73,000 crore worth of stock. Dealers have reported challenges with high inventory levels, highlighting a need for strategic measures to manage this effectively. It's a double-edged sword: while sales are booming, inventory management remains a critical concern. #AutoIndustry #RetailSales #InventoryManagement #Automotive #IndiaAutoMarket #PassengerVehicles #EconomicGrowth #RuralEconomy #AutomobileIndustry #VehicleSales #BusinessNews

India's Two-Wheeler Market: H1 2024 Registration Analysis JATO Dynamics India has released data on India's two-wheeler registrations for the first half of 2024. Key observations: 1. April Performance: Highest registrations recorded at 1,649,000 units. 2. January-May Trend: Consistent registrations above 1.4 million units monthly. 3. June Decline: Notable decrease to 1,378,000 units, potentially indicating seasonal shifts. 4. Q1 Progression: Gradual increase from January (1,465K) through March (1,596K). 5. Q2 Fluctuation: Following April's peak, May saw 1,599K registrations before June's decline. These figures provide insight into the current state of India's two-wheeler market. Various factors including economic conditions, fuel prices, and seasonal demand may have lcontribute to these trends. We welcome industry perspectives on these data points and invite comparisons with other automotive segments. #IndiaAutomotive #TwoWheelerMarket #MarketAnalysis