Tractor Production Analysis - February - 2014

Tractor Sales Analysis - Feb. -2014

Market Share analysis -

• M&M Group is still dominating Tractor sector with 36% Market share.

• Tafe is holding its no. 2 position with 26% market share.

• Sonalika is emerging as third highest tractor seller with 12% market share.

YOY Sales  update –

• Overall Indusrty sales rise by 16%.
•  Due to strong tractor sales , Every mfg. is gaining in sales on yearly basis except VST.
• SDF and HMT are among the top gainer for this month.
• In top three , sonalika continues its good show and gain 22% as compare to last year in sales.

Automotive Production - FY 2013/14

Domestic Sales- Automotive FY 2013/14

February 2014 - Indian Commercial Vehicle Market Analysis

Commercial Vehicle Market analysis

Key Sales Updates

•     Tata motors’s  sales of commercial vehicles in February 2014 in the domestic market were 23,990 vehicles, LCV sales were 14,881 vehicles, while M&HCV sales stood at 9,109 vehicles. Cumulative sales of commercial vehicles in the domestic market for the fiscal were 344,992 units. Cumulative LCV sales were 247,179 units, while M&HCV sales stood at 97,813 units.
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•       Eicher branded trucks and buses have recorded sales of 2840 units in Feb 2014 as compared to 3690 units in Feb 2013, representing a drop of 23%.  In the domestic CV Market ( 5T and Above), Eicher trucks and buses have recorded sales of 2531 units as compared to 3538 units in Feb 2013, representing a drop of 28.5%. On the Exports front Eicher Trucks and Buses have recorded sales of 309 units in Feb 2014 as compared to 152 units in Feb 2013, representing a growth of 103.3%.  
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•      M&M  4-wheelers commercial segment has sold 14,701 units, while the 3-wheelers segment clocked 4,724 units in February 2014. Exports for the month stood at 2,828 units.
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•         Ashok Leyland Sales of medium and heavy commercial vehicle in February declined by 20.8 per cent, to 5,576 units from 7,045 units sold during the same month of previous year.Sales of light commercial vehicles in February, 2014 declined to 2,339 units from 3,001 units sold in the same month of previous year. During the April to February 2014 period the total sales of the company declined by 21.4 per cent to 79,056 units from 1,00,592 units sold in the year ago period.
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•        Hindustan motors The company sold 23 Winner (Light Commercial Vehicle) in February 2014 as against 12 sold in February 2013.

Industry Scenario in Feb. 2014 and comparison

	Feb. 2014	Feb. 2013	Jan. 2014	YOY Change	MOM Change
Domestic Sales	47982	68388	49987	-29.84%	-4.01%
Export	7720	6372	5955	21.16%	29.64%
Production	60641	68318	55667	-11.24%	8.94%

Buses in Feb. 2014 and Comparison

Buses	Feb-14	Feb-13	Jan-14	YOY Change	MOM Change		Market Share
Tata Group	1365	1399	1231	-2.43%	10.89%		48.73%
Isuzu	160	275	196	-41.82%	-18.37%		5.71%
M&M	44	35	36	25.71%	22.22%		1.57%
Ashok Leyland	965	1995	1066	-51.63%	-9.47%		34.45%
Eicher	267	346	167	-22.83%	59.88%		9.53%
total	2801	4050	2696

Medium and Heavy Trucks in Feb. 2014 and comparison

Medium/Heavy Truck	Feb-14	Feb-13	Jan-14	YOY Change	MOM Change		Market Share
Tata Group	7744	9230	6935	-16.10%	11.67%		57.06%
Isuzu	74	268	192	-72.39%	-61.46%		0.55%
Ashok Leyland	3613	4486	3730	-19.46%	-3.14%		26.62%
Volvo	32	45	30	-28.89%	6.67%		0.24%
Eicher	1560	2517	1552	-38.02%	0.52%		11.50%
M&M	223	325	302	-31.38%	-26.16%		1.64%
AMW	325	550	332	-40.91%	-2.11%		2.39%
total	13571	17421	13073

Light Commercial Vehicle in Feb. 2014 and comparison

Light Trucks	Feb-14	Feb-13	Jan-14	YOY Change	MOM Change		Market Share
Piaggio	570	13	620	4284.62%	-8.06%		1.80%
Hindustan Motors	23	12	3	91.67%	666.67%		0.07%
Tata	12818	27392	14691	-53.21%	-12.75%		40.55%
Isuzu	181	367	193	-50.68%	-6.22%		0.57%
M&M	13293	12751	13820	4.25%	-3.81%		42.05%
MBTL	338	648	384	-47.84%	-11.98%		1.07%
Ashok Leyland	2252	3032	2241	-25.73%	0.49%		7.12%
Eicher Motor	704	675	603	4.30%	16.75%		2.23%
Force motor	1431	2000	1663	-28.45%	-13.95%		4.53%
total	31017	46865	33595	-1.973546709	-0.314696534

Note – Piaggio and Hindustan Motors graph not shown in above graph.

-          DICV fig. are not avl.

Commercial Vehicle launched in Feb. 2014

Ø  Eicher launched the future of Indian trucking with the introduction of its “Pro series” at the 12th Auto Expo.

Ø  Ashok Leyland, flagship of the Hinduja Group, launched two new Light Commercial Vehicles (LCV) - PARTNER truck, India’s first air-conditioned LCV goods vehicle and MiTR bus, a LCV bus with best-in-class comfort. 

Ø  The first long-range, all-electric bus in India arrived from BYD Company Ltd. in Feb. 2014.

Ø  Mahindra Tourister Cosmo 40 seater

Ø  Mahindra Traco 49

Ø  Mahindra Loadking Zoom container

Ø  Mahindra Truxo 37and Torro 25 

Ø  Daimler India Commercial Vehicles today has launched four new trucks – 3 tractors and 1 construction mining tipper – under its BharatBenz brand.

Ø  Isuzu in auto Expo unveiled the D-MAX Space Cab calling it India’s first Multi-Utility pickup.