Auto gross sales inching again to peak-period figures; easing of supply-chain bottlenecks aids development

Might gross sales not comparable with a yr earlier, when the operations of the corporate ‘have been considerably affected resulting from COVID-19 associated disruptions’: Maruti

Might gross sales not comparable with a yr earlier, when the operations of the corporate ‘have been considerably affected resulting from COVID-19 associated disruptions’: Maruti

Most car makers reported wholesome development in dispatches to the sellers in Might, albeit on a low quantity base of Might 2021 when the nation was coping with the second wave of the pandemic.

Market chief Maruti Suzuki bought 124,474 passenger automobiles (PVs) within the home market final month. Within the year-ago interval the corporate had bought 32,903 items. The corporate mentioned that the gross sales figures of Might 2022 aren’t comparable with that seen a yr earlier, when the operations of the corporate ‘have been considerably affected resulting from COVID-19 associated disruptions’.

“The scarcity of digital elements had a minor influence on the manufacturing of automobiles, primarily on home fashions. The corporate took all doable measures to reduce the influence,” it added.

“For those who take a look at 2018-19, which was a peak gross sales yr… April and Might gross sales have been about 5,99,000 items [for the industry] and April-Might this yr is 5,88,000 items…so general numbers look fairly good. For those who take a look at pre-COVID 2019-20, which was not yr for the business, passenger car gross sales have been about 4,86,000 items for April-Might,” Shashank Srivastava, senior govt director (Advertising and marketing & Gross sales), Maruti Suzuki India, advised The Hindu,

He added that Maruti had about 295,000 bookings pending, and the quantity for the business was about 550,000 bookings. “Reserving and enquiries appear fairly okay… however we’ve to see how inflation and rate of interest pan out, shifting ahead,” Mr. Srivastava added.

Hyundai Motor India, which on Wednesday unveiled the brand new Venue, mentioned its wholesales grew 69% to 42,293 items. “Each HMI crops in Chennai noticed the scheduled biannual upkeep shutdown resulting in no manufacturing for six days within the month (sixteenth Might to twenty first Might). This lowered the car availability within the month affecting Might gross sales numbers,” the corporate mentioned.

For Tata Motors, whole PV gross sales within the home market stood at 43,341 items, as in opposition to 15,181 in Might 2021. In the meantime, Mahindra and Mahindra mentioned its passenger car gross sales have been up at 26,904 items. Veejay Nakra, president, Automotive Division, M&M Ltd., “With gross sales of 26632 SUVs in Might, we continued the expansion momentum with all our manufacturers performing effectively together with XUV700 and Thar. We’re witnessing robust bookings and have a strong pipeline.”

He added that M&M Business Automobiles had additionally registered ‘robust’ development throughout segments. “We’re intently monitoring supply-chain associated points, which proceed to constraint volumes and are taking acceptable actions to mitigate the influence,” he mentioned.

Whereas Honda Automobiles India registered month-to-month home gross sales of 8,188 items, koda Auto India bought 4,604 items.

Yuichi Murata, director, advertising and marketing and gross sales, Honda Automobiles India Ltd. mentioned, “The demand for Honda vehicles continued to remain robust as optimistic sentiment prevailed available in the market however the extended provide chain-related points nonetheless stay a hindrance and we’re making all efforts to cater to the demand successfully.”

Toyota Kirloskar Motor bought 10,216 items and Kia India registered gross sales of 18,718 items. MG Motor mentioned it retailed 4,008 items in Might 2022 “demonstrating enchancment in chip availability, and [we] hope the scenario will enhance additional within the subsequent months”.

Within the two-wheeler section, Honda Bike and Scooter India bought a complete of three,53,188 items with 3,20,844 in home gross sales and 32,344 items exported.

Atsushi Ogata, managing director, president & CEO, Honda Bike & Scooter India, mentioned, “The market is gaining again energy as disturbances when it comes to provide facet are subsiding coupled with rise in bodily presence at workplace and academic establishments. The gross sales figures this month stay incomparable from Might’21 as frequent lockdowns in wake of second wave marred the efficiency throughout this era final yr. Development in home in addition to worldwide commerce continues to enhance one another as we method an early monsoon.”

Chennai-based two wheeler maker TVS Motor Firm bought 191,482 items within the home market final month, up from 52,084 items in Might 2021. “The scarcity within the provide of semiconductors has impacted the manufacturing and gross sales of premium two-wheelers. We’re working aggressively with [alternative] sources and taking each effort to enhance provides on the earliest. Some enchancment has been seen this month. We’re optimistic that volumes will revive to regular ranges as soon as the semiconductor provides enhance,” the corporate mentioned.

Royal Enfield gross sales grew 167% to 53525 items.

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