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Car, SUV sales grow by 148 percent in June 2021

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After witnessing a sales setback in May due to several state-wise lockdowns amidst a second COVID-19 wave in the country, the passenger vehicle (PV) segment in India has shown a strong comeback in June, driven primarily by pent-up demand.

The wholesale (factory-to-dealer despatches) numbers for the top 15 carmakers in the country have registered a 148 percent month-on-month (MoM) growth in June to sell a cumulative 2,55,674 units (May 2021: 1,03,170). While it wouldn’t be prudent to draw a year-on-year comparison as June 2020 was itself a poor month, with weak sales of 1,16,928 units due to the prevalent COVID-19 situation, there’s still a 119 percent growth.

Let’s take a close look at the company-wise sales performance last month:

Maruti Suzuki India (1,24,280 / +278 percent)

The results of the country’s largest carmaker are a direct indication of the segment’s performance, and with 1,24,280 units, Maruti Suzuki has registered a significant 278 percent month-on-month growth in June (May 2021: 32,903).

Its entry-level duo of Alto and S-Presso could only garner 17,439 units, revealing a lack of demand to the full extent, but SUVs including the Vitara Brezza, Ertiga, XL6, S-Cross and Gypsy went home to 28,172 buyers – much higher than even April 2021’s 25,484 units.

The septet of the high-selling Wagon R, Swift, Ignis, Baleno, Dzire, Tour S (for fleet buyers) and Celerio cumulatively sold 68,849 units, a shade lower than 72,318 units sold in April 2021. The Celerio, which is due for a full-model change, is expected to get a complete overhaul in the H2 of this calendar.

Hyundai Motor India (25,001 /+62 percent)

The number 2 player in the market, Hyundai Motor India registered sales of 40,496 units last month (May 2021: 25,001 / +62 percent). While the Creta has been holding the fort for the company even in a tough market scenario, Hyundai also launched its Creta-based 7-seat Alcazar SUV on June 18. The company had despatched 1,360 units of the Alcazar SUV to dealers ahead of launch, and had claimed receiving over 4,000 bookings until the price announcement.

Tata Motors (24,111 / +59 percent)

The homegrown carmaker despatched 24,111 vehicles to its dealers last month, registering a 59 percent MoM growth (May 2021: 15,180). Tata has been witnessing strong demand for its SUVs, including the Nexon, Harrier, Safari and also the all-electric Nexon EV, which sold 3,805 units in FY2021.

Mahindra & Mahindra (16,913 / +111 percent)

Mahindra clocked sales of 16,913 units in June (May 2021: 8,004 / +111 percent). While the UV maker is seeing good demand for its XUV300 and Thar, it is gearing up for the launch of its all-new XUV700, which is expected to go on sale in October and will compete against the likes of the Hyundai Alcazar, Tata Safari and MG Hector Plus.

Kia India (15,015 / +36 percent)

For this Korean carmaker, June registered a month-on-month growth of 36 percent to cumulatively sell 15,015 units, over May’s 11,050 units. Kia is gunning for speedy sales in this fiscal, and as a result, had introduced the refreshed Sonet and Seltos in May with feature rejigs and some variant consolidation.

Toyota Kirloskar Motor (8,798 / +1,144 percent)

Japanese carmaker Toyota dispatched 8,798 units last month (May 2021: 707 / +1,144 percent). The company, which had announced a maintenance shutdown between April 26 and May 14, saw the closure getting extended due to the government-imposed lockdown in the state of Karnataka. It was only on June 15 that TKM was able to restart operations at its manufacturing facility in Bidadi with a 50 percent workforce strength.

TKM is working to reduce the delivery lead times on its two key models – the Fortuner and the Innova Crysta – and also intends to inform customers with accurate waiting times.

Renault India (6,100 / +133 percent)

The French carmaker’s Indian arm Renault India sold 6,100 units last month (May 2021: 2,620 / +133 percent). Renault’s recently-launched Kiger compact SUV is leading the charge for the company during this tough period.

Ford India (4,936 / +544 percent)

Ford India registered sales of 4,936 units in June (May 2021: 766 / +544 percent). With no fresh new product, the EcoSport and its latest EcoSport SE variant have been the key drivers for the American carmaker’s sales growth in the Indian market.

Honda Cars India (4,767 / +135 percent)

Japanese carmaker Honda clocked wholesales of 4,767 units last month, registering a 135 percent month-on-month growth over May’s 2,032 units. The company’s latest, fifth-generation Honda City sedan is in the driver’s seat, along with the WR-V crossover and the Amaze compact sedan.

MG Motor India (3,558 / +250 percent)

MG Motor India sold 3,558 units in June, and registered a significant 250 percent month-on-month growth compared to 1,016 units sold in May. With a phased unlocking, the carmaker says it is witnessing a notable increase in inquiries, as well as bookings.

Nissan India (3,503 / +184 percent)

Nissan India clocked 3,503 units in June, registering a 184 percent month-on-month growth, compared to May 2021’s sales of 1,235 units. Its Magnite compact SUV, which has sold 15,000 units since launch in December last year, is the key product for the Japanese automaker and the company has also commenced CSD sales to defence personnel. To reduce the waiting period on the Magnite, Nissan also intends to ramp up production at its plant in Chennai by putting in a third shift.

Volkswagen India (1,633 / +15 percent)

The German carmaker registered a growth of 15 percent, with overall sales of 1,633 units, in the month (May 2021: 1,425). While Volkswagen introduced the updated Polo hatchback with an automatic transmission option in the mid-spec variant on June 3, the company is gearing towards the launch of its Taigun compact SUV, based on the Skoda Kushaq.

Jeep India (789 / +66 percent)

Jeep India clocked 789 units, registering a 66 percent month-on-month growth over May’s 475 units. The Compass SUV is the company’s bread earner at the moment and in its latest avatar, is gelling well with buyers, owing to its design, performance, and spruced-up interior. However, the SUV is priced at a premium and that is one of the contributory factors in its slow sales.

Skoda Auto India (734 / +3 percent)

Skoda clocked 734 units last month to maintain flat performance. However, the carmaker introduced its highly-anticipated Kushaq midsized SUV on June 28, announcing its comeback with a renewed focus under the India 2.0 strategy. While the Kushaq aims to rival the mighty Hyundai Creta and Kia Seltos, the pricing, which starts at Rs 10.50 lakh and goes all the way to Rs 17.60 lakh for petrol-only engine options, might deter its aggression in front of the well-priced, feature-packed Koreans.

Citroen India (41 / +2 percent)

French carmaker Citroen India could sell only 41 units of its maiden C5 Aircross SUV, maintaining a flat performance, with 40 units sold in May.

Growth outlook

While the much-improved PV sales numbers coming in June are welcome news for an industry that has been knocked around by lockdowns, pandemic-induced lack of demand, and poor consumer sentiment, it remains to be seen if the growth momentum can be sustained.

While there is no doubt that new product launches will help drive some excitement among buyers and that the SUV segment retains its consumer-pulling power, it is important that the sentiment also filters to the entry-level hatchback segment and the other sub-segments that have been feeling the heat since the beginning of the year.

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