December 2021 Car, SUV Sales Analysis

Posted on 03 Jan 2022 9:26:00 AM

Tata has its highest annual sales on record, in addition to the highest quarterly and monthly sales of the decade.

Tata Engines ended the year on a high note with the best performance in the passenger vehicle (PV) segment in December with wholesale sales of 35,300 units and retail sales of 40,000 vehicles. In terms of retail sales, Tata Motors has overtaken Hyundai, climb to second position.

  • Tata sold over 3.31 lakh vehicles in calendar year 2021
  • Maruti Suzuki retains first place in December sales chart
  • Hyundai sales fall 32% in one year

Tata sales growth

With an aggressive SUV-led product assault, the company is definitely welcoming the New Year on the right foot. Shailesh Chandra, President of PVBU, Tata Motors, said, “Tata Motors set several new milestones during the quarter despite lower production due to the current semiconductor crisis. Quarterly and monthly sales, the highest of the decade, to 99,002 units in the third quarter of fiscal 22 (growth of 44% compared to the third quarter of fiscal 2021) and to 35,299 units in December 2021 ( growth of 50% compared to December 20) were recorded. In addition, the company also recorded sales of 3,31,178 vehicles in fiscal 2021, the highest since the start of the PV business. “

Chandra added that “the overwhelming response of the market to Tata punch launched in October 2021 further increases demand for the company’s “New Forever” line of cars and SUVs. “

Tata has also reached a significant sales milestone in the electric vehicle segment. According to Chandra, sales of electric vehicles hit a new peak of 5,592 vehicles in the third quarter of fiscal 2022, a three-fold increase from the third quarter of fiscal 2021. The share of electric vehicles in sales monthly reached 5.6% in the quarter, compared to 1.8% in the same period of fiscal 2020.

Tata Motors’ electric vehicle sales also reached 10,000 units in the nine months of fiscal 2022 and crossed the 2,000 monthly sales milestone for the first time in December 2021 (2,255 units).

However, Chandra stressed that “going forward, semiconductor supplies will remain the main source of uncertainty. In addition, the impact of the new strain of Covid needs to be monitored closely. We will continue to work on a business agility plan and take proactive steps. measures to mitigate these risks.

Sales figures of other Indian manufacturers in December 2021

The largest automobile manufacturer in the country Maruti Suzuki saw wholesale sales decline nearly 12% year-on-year to 1,13,851 units.

Hyundai Motor India, which was the second largest automaker in terms of sales, saw its monthly and annual sales fall by almost 13% and 32% respectively. The Korean automaker has declared wholesale 32,312 units.

Mahindra also managed to improve its performance with a wholesale of 15,338 units, thanks to strong demand for its new launches, including the Thar and the XUV700. But with the current semiconductor shortage, that’s a major concern for the automaker. Veejay Nakra, CEO of Automotive Division, Mahindra & Mahindra, said, “The issues with semiconductor-related parts continue to be a challenge for the industry and remain a major area of ​​focus for us. “

Toyota Kirloskar Motor reported a 45% year-over-year increase in the number of wholesalers to 10,382 units in December, but a 17% decline from the previous month’s sales.

For the young Korean brand Kia Engines In India, wholesale figures were down 34% year-on-year and 45% from the previous month to 7,797 units.

Among the other players in India, Skoda found a new charge, thanks to the SUV Kushaq. Zac Hollis, Brand Director, Skoda Auto India, said: “Despite headwinds in the form of the pandemic and supply constraints that have hit the industry and the economy as a whole, we have achieved a triple-digit growth in our annual sales volumes. While building on our product campaigns, we maintained our customer focus, expanded our customer touchpoints across the country, and adopted innovative and impactful business solutions. “

With the Omicron strain continuing and semiconductor issues continuing, it will be interesting to see how passenger vehicle sales play out across the country.

Let us know what you think of the sales performance of the various automakers in December in the comments section below.

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