Automotive Scenario - Highlights
Dun & Bradstreet India
Auto Components Industry
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TVS Group firm, Wheels India, a manufacturer of steel wheels, plans to enter into manufacturing of air-suspension for truck and trailers. The company intends to increase the capacity of its five plants to 15-million wheels by next year from the present 13 million wheels at an investment of Rs. 0.7 billion.
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Wheels India entered into an arrangement with Japanese steel wheel manufacturer Topy Industries to design and develop steel passenger car wheels for global customers. The company expects the tie-up to help it to attain quality standards of the Japanese partner and to add new customers in the global market. |
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MM Forgings plans to invest Rs. 0.6 billion this year on capacity building at its manufacturing plants and wind farm. About Rs. 0.4 billion would be invested in expanding capacity and debottle necking at its forging plants in Chennai, Tiruchi and Madurai. The company also intends to invest Rs. 0.2 billion in its wind power business. |
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Pilz GmbH, manufacturer of safety systems and services for industrial automation, through its Indian subsidiary Pilz India, plans to open technical and sales centres across the country targeting mainly the automotive and wind energy sectors. |
Commercial Vehicle Industry
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In October, domestic sales of commercial vehicles recorded growth of 18.5% (y-o-y) at 61,800 units, reflecting healthy growth in sales of both medium & heavy commercial vehicles (M&HCVs) and light commercial vehicles (LCVs). Cumulative domestic sales of CVs during April-October FY12 at 433,701 units were 17.9% higher as compared to sales in the corresponding period of FY11. |
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Domestic sales of M&HCVs recorded growth of 8.2% during April-October FY12. Sales of LCVs recorded strong growth of 26.6% during this period. |
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Exports of commercial vehicles registered a robust 27% growth at 49,321 units April-October FY12. |
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Volvo Buses Corp plans to invest Rs. 4.0 billion over the next five years in India to meet its goal of manufacturing 5,000 buses in the country by 2015. Volvo's India facility will utilise the funds to increase capacity at its plant in Hoskote, near Bengaluru to 2,500 units from 1,000 today, and set up another plant with the same capacity. |
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Ashok Leyland targets to sell 55,000 units of the recently launched LCV 'Dost' by 2012. The company is expanding the production capacity at the plant where this LCV is being manufactured to 55,000 units by next year. |
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Tata Motors plans to set up factories for trucks and buses in South East Asia and Latin America. The company has already started assembling trucks at its facility in South Africa. |
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Daimler India Commercial Vehicles entered into a tie up with HDFC Bank for financing its commercial vehicles - the Bharat Benz range of trucks. Daimler India, a fully-owned subsidiary of Daimler AG, plans to roll out the trucks in 2012 from its manufacturing facility at Oragadam, near Chennai (Tamil Nadu).
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| Commercial vehicle sales (Nos.) |
| Segments |
Oct-10 |
Oct-11
growth (%)
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y-o-y |
Apr - Oct
FY 11 |
Apr - Oct
FY 12 |
y-o-y
growth (%) |
M&HCV
LCV |
21,987
30,151
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27,024
34,776
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22.9
15.3
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173,357
194,356
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187,559
246,142
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8.2
26.6
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| Total domestic sales |
52,138 |
61,800 |
18.5 |
367,713 |
433,701 |
17.9 |
| Exports |
6,856 |
5,793 |
-15.5 |
38,851 |
49,321 |
26.9 |
| Total sales |
58,994 |
67,593 |
14.6 |
406,564 |
483,022 |
18.8 |
Passenger Vehicle Industry
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The carmakers have announced a couple of launches this month. Czech carmaker Skoda launched its mid-sized sedan Rapid in India priced between Rs. 0.675 million and 0.92 million (ex-showroom, Delhi), expecting the Rapid to become its best-selling car in the country, surpassing the sales of compact car Fabia. |
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The Jaguar Land Rover owned by the Tatas launched its popular Range Rover Evoque. The premium SUV is priced upwards of Rs. 4.48 million (ex-showroom, Mumbai) and will be available in four versions including three in diesel and one in petrol. |
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Italian luxury sports car maker Automobili Lamborghini SpA also launched the all-new Aventador LP 700-4 model in India, priced at Rs. 36.90 million (ex-showroom, Delhi). |
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Diversified business house InterGlobe Enterprises launched British sportscar maker Ariel Motor's Atom range of cars in India, priced up to Rs. 8.50 million. InterGlobe Established Pvt Ltd, the luxury lifestyle solution provider will be responsible for Ariel Motor's products in India.
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British motorsports brand Caterham Cars plans to start selling its Caterham Seven built-to-order models in India by the first half of next year which will be priced ranging from 2.8 millions up to 9.0 millions. |
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South Korean car maker Hyundai has plans of 10-15 launches in India in the next four to five years, in an attempt to boost its market share that is under pressure due to increasing competition. |
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Maruti Suzuki India Ltd plans to enter the sport utility vehicle segment with the showcase of a concept SUV at the Auto Expo in Delhi. |
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Maruti Suzuki has raised prices of its diesel models by Rs. 2,000 to Rs. 10,000. |
| Passenger vehicle sales (Nos.) |
| Segments |
Oct-10 |
Oct-11
growth (%)
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y-o-y |
Apr-Oct
FY 11
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Apr-Oct
FY 12
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y-o-y
growth (%) |
Mini
Mini & Compact
Super Compact and Mid Size
Executive
Premium
Luxury, Coupe Roadster & Exotics
Multi-purpose vehicle
Passenger cars
Multi-utility vehicle
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5,696
143,401
27,579
4,191
833
4
19,561
201,265
28,382
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5,469
101,372
27,817
3,176
658
29
16,124
154,645
28,497
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-4.0
-29.3
0.9
-24.2
-21.0
625.0
-17.6
-23.2
0.4
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55,211
838,010
171,128
30,707
7,749
711
119,426
1,222,942
80,436
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46,911
763,732
202,347
26,509
7,554
751
135,203
1,183,007
195,506
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-15.0
-8.9
18.2
-13.7
-2.5
5.6
13.2
-3.3
8.4
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| Domestic sales |
229,647 |
183,142 |
-20.3 |
1,403,378 |
1,378,513 |
-1.8 |
| Exports |
30,715 |
33,524 |
9.1 |
245,501 |
293,426 |
19.5 |
| Total sales |
260,362 |
216,666 |
-16.8 |
1,648,879 |
1,671,939 |
1.4 |
Two-Wheeler and Three Wheeler Industry
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In October, growth in domestic sales of two-wheelers slowed down to a marginal 2%. While sales of motorcycles grew by a meagre 0.7%, sales of scooters increased by 12.1%. Sales of mopeds, on the otherhand, declined by 9.6%.
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Cumulative domestic sales of two-wheelers grew by 14.8% at 7.7 million units during April-October FY12. All the three segments recorded growth -motorcycles (13.8%), scooters (21.2%) and mopeds (9.9%). |
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Exports of two-wheelers rose sharply by 30% at 1.1 million units during April-October 2011. |
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Hero MotoCorp launched a new 150cc motorcycle, Impulse, at a price of Rs. 66,800 (ex-showroom, Delhi). |
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Hero MotoCorp aims to export a million bikes each year during the next 5-6 years in the foreign markets. In 5-6 years, the company expects to take the share of exports in its total sales to 10% from the current share of less than 2%. |
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Bajaj Auto plans to invest Rs. 5 billion till FY13 for capacity expansion and development of a new variant of the flagship Pulsar bike. The new Pulsar will be based on a new technology and will be launched in January next year. |
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Domestic sales of three-wheelers declined by 2.1% in October, after recording a mere 0.9% growth in the previous month. |
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During April-October 2011, domestic sales of three-wheelers registered a decline of 0.4% at 0.29 million units. While sales of passenger carriers declined by 3.9%, sales of goods carriers grew by 15.8%. |
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Exports of three-wheelers posted a sharp growth of 45.5% at 0.22 million units during April-October FY12. |
| Segments |
Oct - 11 |
Apr - Oct' 11 |
| Vol (Nos) |
y-o-y
growth
(%) |
Vol (Nos) |
y-o-y
growth
(%) |
Motorcycles
Mopeds
Scooters |
879,883
56,378
211,360 |
0.7
-9.6
12.1 |
5,904,464
439,909
1,394,382 |
13.8
9.9
21.2 |
| Total domestic |
1,147,621 |
2.0 |
7,738,755 |
14.8 |
| Exports |
158,302 |
15.8 |
1,183,792 |
29.9 |
| Total |
1,305,923 |
3.5 |
8,922,547 |
16.6 |
| Three-wheeler sales (Nos.) |
| Segments |
Oct - 11 |
Apr - Oct' 11 |
| Vol (Nos) |
y-o-y
growth
(%) |
Vol (Nos) |
y-o-y
growth
(%) |
Passenger Carriers
Goods carriers |
39,087
9,944 |
-5.1
12.3 |
235,528
62,479 |
-3.9
15.8 |
| Total domestic |
49,031 |
-2.1 |
298,007 |
-0.4 |
| Exports |
29,633 |
23.0 |
228,035 |
45.5 |
| Total |
78,664 |
6.1 |
526,042 |
15.4 |
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