Auto sector update for December, 2013: Microsec

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Microsec: Auto sector update - December, 2013

India’s automobile sales continued to remain sluggish during December 2013 as most of the companies reported a decline in sales number on account of slowdown in economic activity and increasing fuel prices. During the month, commercial vehicle (CV) sales maintained their sluggish trend. However, two-wheeler segments continued to grow at a healthy rate, led by strong rural demand. Passenger car sales too registered growth led by new launches and pick-up in petrol model sales.

Hero Motocorp (HMCL)

• Hero MotoCorp, reported total sales of 524,990 units in the month of December, 2013, registering a decline of 3.07 percent over the corresponding month of 2012, when the company had sold 541,615 units.


• On MoM basis, company’s total sales declined by 1.04 percent.


• Cumulative sales of the company for the period April- December of FY2013-14 was up by 2.38 percent to 4,656,433 units against 4,548,232 units, during the same period of last year.

• TVS Motor Company, registered total sales of 159,495 units in December, 2013 compared to 156,221 units in the corresponding month of the previous year, hence, showing a growth of 2.10 percent. However, on monthy basis, the company reported a decline of 1.49 percent.


• Two-wheeler (including exports) sales of the company registered a growth of 1.06 percent on YoY basis for the month of December, 2013 to 153,358 units against 151,735 units in the year-ago period.


• During the month, sales of Motorcycles declined by 4.37 percent YoY to 57,576 units, but sales of Scooters increased by 37.56 percent YoY.


• Company's total exports grew by 27.39 percent to 25,797 units from 20,251 units in the same month of the previous year.


• Cumulative sales of the company for the period, April-December of FY2013-14, declined by 0.21 percent to 1,520,419 units against 1,523,655 units, during the same period of last year.

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• Bajaj Auto, registered total sales of 297,776 units in December, 2013 compared to 343,946 units in the corresponding month of the previous year, hence, showing a decline of 13.42 percent. On MoM basis, sales decline by 4.13 percent.


• For the month of December, 2013, BAL’s motorcycle sales declined by 12.64 percent YoY to 260,645 units, and three-wheeler commercial vehicle sales declined by 18.57 percent YoY to 37,131 units.


• During the month BAL’s Exports increased by 19.63 percent YoY to 150,753 units.


• Cumulative sales of the company for the period, April-December of FY2013-14, declined by 9.88 percent to 2,934,295 units against 3,255,920 units, during the same period of last year.

• Sales volume of Maruti Suzuki stood at 90,924 units in December, 2013 against 95,145 units in the same month of last year, registering a YoY decline of 4.44 percent. On MoM basis, sales declined by 1.32 percent.


• Sales volume in the Mini segment registered a growth of 16.74 percent on YoY basis.


• Sales in PV Mid Size Segment registered a decline of 17.63 percent on YoY basis.


• Sales of PV Super compact segment increased by 17.98 percent on YoY basis. Sales of PV compact segment declined by 14.73 percent on YoY basis.


• Cumulative sales of the company for the period, April-December of FY2013-14, increased by 0.30 percent to 830,171 units against 827,725 units, during the same period of last year.

• Total sales of Tata Motors stood at 37,852 units in December, 2013, showing a decline of 42.48 percent on YoY basis. On MoM basis, sales declined by 7.37 percent.


• TML’s MHCV sales volume declined by 22.37 percent on YoY basis to 7,659 units. On MoM basis, sales increased by 12.25 percent. On the other hand, LCV sales declined by 51.98 percent on YoY basis. On MoM basis sales declined by 9.57 percent to 18,079 units. As a result, overall CV sales volume declined by 45.83 percent on YoY basis to 25,738 units. On MoM basis, sales also declined by 4.02 percent.


• Passenger car sales volume fell by 41.93 percent on YoY basis to 6,537 units. Sumo/Safari/Aria/ Venture sales declined by 6.59 percent on YoY basis to 2,735 units.


• Company's sales from exports stood at 2,842 units in December, 2013 compared to 3,882 units last year, registering a decline of 26.79 percent.


• Cumulative sales of the company for the period, April-December of FY2013-14, degrew by 29.11 percent to 435,095 units from 613,750 units during the same period of last year.

• During the month of December 2013, total sales of Ashok Leyland stood at 6,275 units, registering a decline of 13.97 percent YoY. However, on monthly basis, sales increased by 16.74 percent.


• Sales of Ashok Leyland’s MHCV fell by 25.62 percent to 3,890 units from 5,230 units in the same month of 2012.


• The company sold 2,385 units of SCV in December, 2013 against 2,064 units in December last year.


• Cumulative sales of the company for the period, April-December of FY2013-14 degrew by 20.87 percent to 63,294 units from 79,985 units during the same period of last year.

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