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India. Anti-Covid19 measures knocked auto sales down 83.6% in May

Indian Autos Market free-fell in May, dragged down by national lockdown measures held through the entire month to reduce a still high number of Covid19 daily infections. Indeed, 39.185 units were sold in May, leading Year to Date sales to 716.653 (-36.5%).Market Trend in MayAfter a complete halt in April, the new Indian vehicle market restarted with an 83.6% implosion in May with 39.185 units sold, leading Year to Date figures to 716.653 (-36.5%). This was primarily due to the acceleration in Covid-19 infections throughout the country, which forced the Government to hold lockdown measures through May.Factories and car dealerships were barely able to restart activities, allowing a small sales volume. However, on May 30, the Government announced that the ongoing lockdown was further extended until June 30.In May, Maruti held just 36.6% of year-on-year market share, registering one of the largest market drops. Hyundai reached 18.4% thanks to the Creta, which was the best selling car of the month.Post Covid19 Market TrendAs a response to the arrival of the Coronavirus in the Country, on March 23 the Indian Prime Minister imposed the national lockdown. However, the effects of the Covid-19 were not limited to the last week of March, as business closures were already starting in Delhi as early as March 8, followed by partial lockdown in other cities throughout the country.As a result, the Q1 ended at 677.468, down 19.5%.In April, new vehicle sales were zero, as automotive factories suspended production through the entire month. However, the spread of the Coronavirus started accelerating in the country, leading to a further lockdown extension.Indeed, Year to Date figures April stayed at 677.468, down 37.8% from last year.Medium Terms Market TrendIndian vehicles market is currently the 5th largest in the World but it is very close to outpacing Japan to gain the fourth position.Following five years of continuous vigorous growth, in 2018 the Indian car passenger market hit the last all-time record with 3.38 million sales, despite the introduction of the new National Automotive Plan, in mid-year, blocked the growth. In 2019 the market pushed the brakes, falling down 7.4% and registering 3.11 million units.In the first two months of 2020, the registrations followed the previous year’s weak trend. Indeed, as the car industry was preparing for the transition towards stricter anti-pollution norms, the coronavirus outbreak hampered production for local manufacturers, leading year-to-date figures in February have been 517.576, down 6.1%.Tables with sales figuresIn the tables below we report sales for Top 15 Brands, top 10 Manufacturers Group and top 10 ModelsThis content is for members only. Visit the site and log in/register to read.

Canada Autos Market Report 2010-2025
Saturday October 10, 2020

Canada Autos Market Report 2010-2025 features historical data and insights plus professional forecast on new vehicles sales by type, manufacturer, brand and model providing an easy-to-use picture of current and future competitive landscape. Research Contents Focus2move Automotive Market Reports provide a comprehensive and extensive overview about this market including information on the cars and light commercial market size, […]

Senegal 2020. The market declines 10.8% Year to Date in September
Monday November 09, 2020

Normal 0 false false false EN-US X-NONE X-NONE /* Style Definitions */table.MsoNormalTable{mso-style-name:”Tabella normale”;mso-tstyle-rowband-size:0;mso-tstyle-colband-size:0;mso-style-noshow:yes;mso-style-priority:99;mso-style-parent:””;mso-padding-alt:0cm 5.4pt 0cm 5.4pt;mso-para-margin-top:0cm;mso-para-margin-right:0cm;mso-para-margin-bottom:10.0pt;mso-para-margin-left:0cm;line-height:115%;mso-pagination:widow-orphan;font-size:11.0pt;font-family:”Calibri”,”sans-serif”;mso-ascii-font-family:Calibri;mso-ascii-theme-font:minor-latin;mso-hansi-font-family:Calibri;mso-hansi-theme-font:minor-latin;} Senegal vehicles sector in 2020 reported only a slight drop compared to the previous year. Indeed, Year to Date sales in September were 2.240 units, losing 10.8% compared to last year. Toyota remains the undiscussed leader, growing by 18.9%. […]

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