The sales figures for the January 2020 are higher, with cumulative dispatch of cars at 262226 units. If we compare that to the month of December 2019, the number stood at 234805. So, the upward trend is expected to continue since manufacturers have started rolling out BS-VI cars too (lack of which was largely considered by many as a sales-dampener).
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| Cumulative car sales - January 2020 (click to enlarge) |
Year on year figures reveal a positive growth for only three manufacturers - Renault, Skoda and Maruti. Renault grew at an impressive 34%, Skoda at 9.3% and Maruti at 5.2%. Figures for MG and Kia could not be compared since they have been launched only recently. Rest of the manufacturers including Hyundai, Tata, Honda and Mahindra show a negative growth (see below).
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| Year on year growth - Indian car manufacturers - Jan 2020 (click to enlarge) |
Maruti has been consistently increasing the market share with the launch of new products. Looking at the units sold in the month of January, it can be seen that it's current market share stands at 53.33%. Last year i.e. Jan 2019, the share was 50.34% and a couple of years ago, it was around 48%.
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| Market share of the Indian car manufacturers - Jan 2020 (click to enlarge) |
Hyundai stood at second position with a share of 16%. It's remarkable that Kia with only two products in the line-up has managed to grab 5.9% share in the month of January. Market share percentage of the different Indian manufacturers which account for most number of sales, can also be seen in the form of pie chart
(below).
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| Market share of Indian car manufacturers - January 2020 - Shown as pie chart (click to enlarge) |
This speaks volumes about the growing popularity of the SUV segment in India and the brand Kia which seems to be growing from strength to strength. It would be interesting to see how the trend evolves with the arrival of new products from Kia.
Also read: Kia Seltos - Highest sales recorded - Jan 2020
Sales trend for past twelve months can be observed below. And the aforementioned spikes are quite evident in this chart. Spikes can be observed in January and around the months of October-November.
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| Twelve months sales trend - Indian car manufacturers (click to enlarge) |
Sales figures of the top 20 cars sold in India in the month of January, 2020 can be seen below. Maruti-Suzuki has four cars among the top twenty in this list. Dzire continues to write history and was the largest selling car with 22406 units, followed by Swift and Wagon-R at 20485 units and 19981 units respectively. Tata Altroz has managed to grab the 19th spot with sales of 4505 units. Since the car has been launched recently, no figures are available for the previous months.
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| Top 20 cars sold in January 2020 - with last two month movement (click to enlarge) |
