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Car Sales Report April 2019: Only Honda Survives Sales Slump
Car sales in India continued to see negative growth once again in April 2019. Car sales in April 2019 saw a negative growth of 16.7 per cent, which is the highest the industry has seen in recent months.
Every manufacturer except for Honda recorded negative growth in the month of April with the Japanese carmaker only surviving the negative push due to its second-gen Amaze compact sedan that was launched in late April 2018.
Carmakers like Maruti Suzuki, Hyundai and Tata Motors saw a double digit dip in sales numbers in April 2019 compared to the same period last year, with only Mahindra surviving the double digit drop with a slump of 8 per cent.
Here's how the top 5 car manufacturers in the country performed...
Rank |
Manufacturer |
Apr'19 |
Apr'18 |
Growth |
1 |
Maruti |
1,31,385 |
1,63,434 |
-19.6% |
2 |
Hyundai |
42,005 |
46,735 |
-10% |
3 |
Mahindra |
18,901 |
20,450 |
-8% |
4 |
Tata |
12,695 |
17,235 |
-26% |
5 |
Honda |
11,272 |
9,143 |
23% |
Maruti Suzuki
India's largest carmaker Maruti Suzuki recorded a drop in sales of 19.6 per cent in the month of April 2019 compared to the same period last year. In April 2019, Maruti Suzuki sold 1,31,385 vehicles which was 32,049 units less than the numbers sold over the same period in 2018.
Only the Alto, Eeco, Ertiga and Vitara Brezza saw positive growth in the month of April 2019, with other popular vehicles like the Dzire, Swift, WagonR and Baleno all recording large losses in sales numbers.
Maruti last month also announced its plans to ditch diesel engines from April 2020, when the new BS-VI emission norms go into effect. The carmaker also launched the updated Alto, Alto K10 and Baleno in India last month.
Hyundai
April was not a month to cheer for at Hyundai India as the South Korean carmaker saw a negative growth in sales of 10 per cent in the month of April 2019 compared to the same 30 day period in 2018. In April 2019, Hyundai sold just 42,005 units in India which was 4,730 units less than its sales in the same month in 2018 when it sold 46,735 vehicles in the sub-continent.
Only the sales of the Santro (which was not available in April 2018) and the Creta gave Hyundai something to cheer about with the compact SUV's sales seeing a growth of 12 per cent in April 2019 compared to the same month in 2018. All other cars from the carmaker nosedived on the sales charts with the discontiuned Eon and the Grand i10 accounting for the biggest drop in numbers.
The future for Hyundai though is bright with the carmaker set to launch the Venue sub-4-metre compact SUV in India this month on the 21st. The carmaker expects massive sales numbers from the Venue, which will be India's first connected SUV.
Mahindra
Mahindra was the only carmaker (except for Honda which recorded positive growth) to not record a double digit decline in sales. Mahindra sold 18.901 units in April 2019, a year-over-year slump of 8 per cent compared to the first month of the 2018/19 financial year. In April 2019, Mahindra sold 1,549 units less than the same period on 2018 where it pushed out 20,450 units.
Mahindra escaped a double digit loss in sales numbers thanks to the newly launched XUV300 compact SUV which wasn't available in 2018. The sub-4-metre Mahindra XUV300 SUV accounted for over a fifth of Mahindra's sales in April 2019 with 4,200 units sold.
Tata Motors
Tata Motors also suffered a big drop in sales for the month of April with a year-over-year drop of 26 per cent, the highest in the top 5 carmakers in the country. April 2019 saw Tata sell just 12,695 cars in India which was a year-over-year loss of 4,540 units. In 2018, Tata Motors had recorded sales of 17,235 units in the month of April.
The only bright spot in the sales numbers for Tata Motors was the Harrier SUV which recorded sales of 2,075 units, beating out the likes of the Mahindra XUV500 and the Jeep Compass.
Honda
Japanese carmaker Honda was the only carmaker in India to record a growth in sales numbers for the month of April 2019. Honda sold 11,272 units in April 2019 a year-over-year growth of 23 per cent compared to the same 30 day period in 2018. Honda sold 2,129 units more last month than it did in April 2018, when it recorded sales of 9,143 units.
Honda's growth in sales for the month of April 2019 is due to the continiuing popularity of its Amaze compact sedan, which wasn't on sale during the same period last year.