Demand for PV, CV improves; 2W, tractor in red, Auto News, ET Auto

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Within the final month of 2021, the dispatches for the business continued to stay a blended bag.
New Delhi: The yr 2021 has come to an finish however not lots of the challenges it has borne. From COVID restrictions, provide chain bottlenecks, world semiconductor scarcity, faltering manufacturing schedules, enhance in commodity costs, rising car costs, to the spike in gas costs nonetheless persist. As in the remainder of the world the car industry in India additionally has been traversing via a tough highway. Nevertheless, there was some solace in exports and within the gross sales of electrical automobiles within the yr passed by. Within the final month of 2021, the dispatches for the business continued to stay a blended bag. Whereas the buyer sentiment remained optimistic for carmakers, its restoration was hampered by the continuing chip shortages. Two wheelers and tractors remained within the pink. Nevertheless, business car wholesales to sellers are turning to inexperienced. The next is a segment-wise report of the car gross sales in December 2021.Passenger automobiles

Nation’s largest carmaker Maruti Suzuki India Restricted (MSIL) reported a 13% drop in its home PV dispatches to the sellers. Whole domestic sales (together with passenger automobiles and lightweight business automobiles) stood at 126,031 items in December 2021, as in opposition to 146,480 items in the identical month within the earlier yr.Based on the carmaker, the scarcity of digital parts had a minor affect on the manufacturing of automobiles throughout final month. The scarcity primarily affected the manufacturing of automobiles bought within the home market. The corporate took all doable measures to minimise the affect.An distinctive growth through the month was a change of positions. South Korean Hyundai Motor India, which is normally the second largest carmaker available in the market noticed a drop in gross sales and homegrown Tata Motors grabbed the spot for the primary time in a couple of decade. Tata bought 33,044 ICE automobiles and a pair of,255 electrical automobiles in December 2021. Shailesh Chandra, President, Passenger Autos Enterprise Unit, Tata Motors Ltd, mentioned, “The PV enterprise progress journey of Tata Motors continued and set a number of new milestones through the third quarter of FY22 regardless of witnessing a shortfall in manufacturing as a result of ongoing semiconductor disaster. Decade-high quarterly (Q3) and month-to-month gross sales of 99,002 items and 35,299 items respectively have been recorded.”Information have been additionally created on the EV entrance as gross sales witnessed a brand new peak of 5,592 items in Q3 FY22. Consequently, EV penetration touched 5.6% of PV Gross sales through the quarter versus 1.8% in the identical interval final monetary yr. Going ahead, semiconductor provides will stay the important thing supply of uncertainty. Moreover, the affect of the brand new pressure of Covid must be carefully tracked. We are going to proceed to work on a enterprise agility plan and take proactive actions to mitigate these dangers, he mentioned.Home SalesDecember 2021December 2020% changeMaruti Suzuki1, 23, 0161, 40, 754-12.6Tata Motors35, 29923, 54550Hyundai32, 31247, 400-31.8Mahindra & Mahindra17, 72216, 18210Kia IndiaToyota KirloskarHonda Cars7,9738,638-8Nissan India3,0101,159159Skoda Auto3,2341,303148MG MotorTwo-wheelersWith the slowest restoration of the agricultural sector after the second COVID wave, this section has not taken off to achieve the year-ago stage. Added to this was the exorbitant rise in gas costs which has subdued the demand of the entry-level reasonably priced bikes and scooters particularly. Nation’s largest two-wheeler maker Hero MotoCorp reported a decline in its home gross sales in December, and mentioned it continues to observe the on-ground state of affairs, though localized restrictions imposed by sure states within the wake of rising Omicron instances will proceed to limit the shopper motion.Home SalesDecember 2021December 2020% changeHero MotoCorp3, 74, 4854, 25, 033-11.7HMSITVS Motor2, 35,3922, 58, 239-9Bajaj AutoSuzuki MotorcyclesRoyal Enfield65,18765,4920.46Commercial vehiclesCommercial car gross sales replicate the state of the nation’s financial system. With the numbers out there up to now, OEMs witnessed a progress in YoY gross sales volumes in December 2021. This may be attributed to the low base of final yr. Girish Wagh, Govt Director, Tata Motors Ltd, mentioned home CV gross sales in Q3 FY22 at 90,529 items have been about 15% larger than in Q2 FY22 and 10% larger than in Q3 FY21. Based on him, the retail was forward of wholesale by 15% in December 2021, enabling stock alignment. The SCV and ILCV segments continued to profit from the expansion in e-commerce and the rising want for last-mile supply. Building and infrastructure spending by central and state Governments plus rising exercise in sectors equivalent to mining, petroleum-oil-lubricants and allied industries facilitated the demand for M&HCVs. “Going ahead, we anticipate the state of affairs to stay fluid because the semiconductor scarcity continues, cases of Covid start to rise and underlying demand continues to stay underneath strain. We’re protecting a detailed watch on the evolving state of affairs and sharpening our agile, multi-pronged method to fulfil buyer orders,” he mentioned.Home SalesDecember 2021December 2020% changeTata Motors31, 00829, 8854Mahindra & Mahindra18, 41816, 7959.6Ashok LeylandVECV5, 3444, 27425TractorsHemant Sikka, President – Farm Gear Sector, Mahindra & Mahindra Ltd, mentioned, “Degrowth in December has been on account of a mixture of things, together with excessive base of final yr and each delayed and really heavy rainfall in some geographies. We anticipate momentum to recuperate within the coming months on account of excellent progress of Kharif procurement bringing liquidity within the fingers of farmers and Rabi acreage displaying indicators of progress over the earlier yr.”The corporate bought 1582 tractors within the exports market, marking a progress of 27% over the earlier yr.Home SalesDecember 2021December 2020% changeMahindra & Mahindra16, 68721, 173-21SonalikaEscorts4,0807, 230-43.5As per Escorts, rural money flows began to enhance, however business wholesales have been impacted through the month of December 2021 as a consequence of excessive base final yr. “Going ahead, all macroeconomic elements together with wholesome water reservoir stage stay in favour of the tractor business. We now have taken worth will increase, however rising inflation continues to be a fear,” Sikka mentioned.(It is a creating story. We are going to hold updating the numbers because the OEMs launch their gross sales knowledge.) Additionally Learn: Tata Motors overtook Hyundai to change into the second-largest vendor of passenger automobiles within the home marketplace for the primary time in near a decade in December 2021.
The automaker posted complete gross sales of 153,149 items final month. They embrace home gross sales of 126,031 items, gross sales to different OEMs at 4,838 items and exports of twenty-two,280 items.



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