It has been a rather progressive year for Indian car industry as the passenger vehicle (PV) segment recorded a growth of 9.16% by selling over 1.63 million units of passenger vehicles that includes cars, UVs and vans in the period between April-September 2017 or in first six months of this ongoing financial year 2017-18. The industry had sold about 1.49 million PVs during the first six months of last financial year 2016-17. New product launches, free variants coming in has helped the car industry to sustain high growth despite the introduction of GST and addition of extra cess on medium to big cars, SUVs and luxury vehicles. Last three months especially have been rather successful with industry posting constant double eight growth. Reduction in interest rates by national banks from 10% last year to 9.63% this year has encouraged buyers with their new car purchases. Private banks too cut the interest rates on car loans from 11.35% to 11% earlier this year. Last three months have seen above about 18 new facelift, variants and new products being launched in the Indian market but the buzz has to be from th market leader Maruti Suzuki.
|Top 10 passenger vehicles sold in India|
|April – September 2017|
|1||Maruti Suzuki Alto||1,32,383|
|2||Maruti Suzuki Baleno||93,797|
|3||Maruti Suzuki Dzire||90,068|
|4||Maruti Suzuki Swift||89,798|
|5||Maruti Suzuki WagonR||87,344|
|6||Hyundai Grand i10||75,709|
|7||Maruti Suzuki Vitara Brezza||74,228|
|8||Hyundai Elite i20||68,740|
|10||Maruti Suzuki Celerio||46,036|
Maruti Suzuki Alto
Maruti Suzuki Alto continues to enjoy the top-spot as the country’s largest selling car. In the ongoing financial year between the period April – September 2017, Maruti Suzuki sold a total of 132,383 units of its Alto small car which comprises of both Maruti Suzuki Alto 800 and Maruti Suzuki Alto K10. However, The sales of Alto has increased by about 9.6% when compared to the same period last financial year. Maruti Suzuki Alto has been India’s top-selling car for a long time, however from past 2 months, the new Maruti Suzuki Dzire has been dominating the first position in sales chart.
Maruti Suzuki Baleno
The premium hatchback Maruti Suzuki Baleno has consistently been among the top-5 most selling car in the country and in the 1st half of this ongoing financial year, Maruti Suzuki has sold a total of 93,797 units of this car as against 54,947 units sold in the first six months of last financial year. The company also introduced the performance variant named Baleno RS later in 2016 that gets a new 1.0L boosterjet engine.
Maruti Suzuki Dzire:
The third generation of Maruti Suzuki Dzire that made its market debut in May 2017 has been a successful model for the company and in the period between April-September 2017 the company has sold a total of 90,068 units of Dzire and 20,133 units of Dzire tourer. Later in October 2017, Maruti Suzuki confirmed that the domestic sales of its new Dzire has surpassed the 1-lakh sales milestone. An internal research conducted by Maruti Suzuki claims that new style and fresh look of Dzire along with SmartPlay infotainment system and the auto gear shift (AGS) technology have made Dzire a better package, especially for first-time buyers. Maruti says nearly half of the new Dzire customers have chosen the sedan as their first car purchase. This shows a paradigm shift of the Indian customers who are now opting for a sedan as their first car. Nearly 17% of Dzire customers have opted for AGS variant during April-September 2017. The AGS technology is now available on six options starting V trim up to Z and Z+ in both petrol and diesel fuel variants.
Maruti Suzuki Swift:
Despite the confirmation that the new generation Maruti Suzuki Swift will debut at the 2018 Auto Expo, Maruti Suzuki Swift is the fourth most sold car in the country and the sales has grown by over 11%. The company sold a total of 89,798 of its current generation Maruti Suzuki Swift as against 80,756 units sold in the same period last year. With the new generation Maruti Suzuki Swift launch approaching in 2018, we expect the Swift to dominate the sales for most of months in 2018 after the market launch.
Maruti Suzuki WagonR:
Becoming a go to car for fleet operators and cab aggregators like Ola and Uber, Maruti Suzuki WagonR is fifth most sold car in the country with a total domestic sales of 87,344. Maruti Suzuki had sold a total of 86,939 units last year. The option with factory fitted CNG varaint of Maruti Suzuki WagonR has been one of the most sold CNG cars in India.
Hyundai Grand i10:
Hyundai’s best performing model the Grand i10 has been company’s most sold car and recorded a domestic sales of 75,709 units between April-September 2017 recording a growth of 5.5% over last year, In April-September 2016 the company had sold a total of 71,703 units. Hyundai Grand i10 received a facelift earlier this year and starts at Rs 4.58 lakh, ex-showroom Delhi. The 2017 Grand i10 is based on the Hyundai’s ‘Fluidic Sculpture 2.0’ design philosophy. The highlight of the Grand i10 is the introduction of a new 1.2 litre U2 CRDi diesel engine that generates 73 hp of power at 4,000 rpm and 190.2 Nm of torque. The petrol engine is the same 1.2 litre Kappa unit that produces The 1.2 litre Kappa Dual VTVT unit generates 81 hp of power at 6,000 rpm and 113 Nm of torque at 4,000 rpm.
Maruti Suzuki Vitara Brezza:
Maruti Suzuki Vitara Brezza is the India’s most sold UV with a total of domestic sales of 74,228 units. Available with only diesel engine the SUV has managed to capture the attention of buyers and despite heavy waiting period the anticipation of this SUV among buyers have not gone down. With introduction of Tata Nexon and with the uocoming 2017 Ford Ecosport it will be interesting see for how long Maruti Suzuki will be able to sustain the sales of Vitara Brezza with only diesel engine.
Hyundai elite i20:
Another Hyundai India’s product in the top-10 is the Hyundai Elite i20 which has managed to be among the top-10 selling cars since its introduction. The modern styling and aggressive stance on the hatch has allowed Hyundai to sell a total of 68,740 units in the first six months of this financial year. There has certainly been a constant growth in terms of sales of Hyundai i20. The company had sold a total of 61,784 units of elite i20 in April-September 2016.
Another SUV giving complex to passenger cars is the Hyundai Creta. Hyundai Motor India sold a total of 54,032 units of Creta in April-September 2017 period and its sales have gone up by over 12% this financial year. A facelift on Creta is due next year but never the less we expect this SUV to cross the 1 lakh sales mark by the end of this financial year.
Maruti Suzuki Celerio:
Beating the Renault Kwid, Maruti Suzuki Celerio completes the top-10 selling car in India. The sales of Celerio recorded a total of 46,036 units in the first half of this financial year as against 44,957 units of Renault Kwid. Maruti Suzuki claims to have sold over three lakh units its Celerio hatch in less than four years. Maruti Suzuki Celerio was also first car in company’s portfolio to get the auto-gear shift (AGS) technology back in 2014. The updated Celerio is available in 12 variants including two CNG variants. Maruti Suzuki Celerio has been priced between Rs 4.15 – 5.25 lakh (Ex-Delhi) and hosts changes to exteriors and interiors.
Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.