The tall boy automobile recorded a wholesome 18 % development in gross sales at 188,838 models, reaching its finest ever tally in a fiscal within the course of. India’s greatest carmaker Maruti Suzuki’s 23 yr outdated conflict horse Wagon R has emerged as the most effective promoting automobile in India in fiscal 2022 because the Japanese agency monopolised the highest 5 positions with its vary of small cars. It could run opposite to the narrative of SUVs being all the trend in India but additionally shows the dominance Maruti enjoys within the reasonably priced low frills segments.The tall boy automobile recorded a wholesome 18 % development in gross sales at 188,838 models, reaching its finest ever tally in a fiscal within the course of. It displaced Swift, which had ended Alto’s 16 yr dominance on the prime in fiscal 2021, to the second spot with a marginal 3 % decline at 1,67,827 models whereas premium hatchback Baleno was the third largest promoting automobile at 1,46,183 models, down 10.6 % over final fiscal. Alto was down at quantity 4 with gross sales of 1,45,167 models, its lowest tally in a yr since 2004-05.”Gross sales of Wagon R have been boosted resulting from CNG which accounts for practically 40 % of the numbers,” stated Shashank Srivastava, govt director, Maruti Suzuki India Ltd. “All the highest 5 finest promoting vehicles in India are small vehicles which signifies their significance out there even with all of the noise round SUVs.”The opposite mannequin that reaped the advantage of CNG was the Ertiga which recorded an over 30 % bounce in gross sales at 1,17,150 models, which enabled it to interrupt into the highest 10.”The demand for CNG model is absolutely sturdy. A lot in order that though we wish to supply extra fashions with CNG, we’re not capable of as a result of we’re unable to totally the demand for current fashions itself,” Srivastava added. Bestselling vehicles 2021-22Brand2021-222020-21Growth %Wagon R18883816033017.78Swift167827172671-2.81Baleno146183163445-10.56Alto145167158992-8.70Dzire126790128251-1.14Nexon1241306375794.69Creta118092120035-1.62Ertiga1171508857132.27Brezza1137119463520.16Eeco1083451050813.11With semiconductor chip scarcity persevering with to affect manufacturing and the favored fashions having fun with ready durations operating upto months, the annual figures might not essentially mirror the precise demand for a mannequin out there. But, one mannequin stands out. Tata’s compact SUV–Nexon, noticed its gross sales virtually double to 1,24,130 models to turn into not solely the sixth largest promoting mannequin within the nation but additionally the best promoting SUV. It additionally meant a re-entry of Tata Motors within the prime 10 after a 9 yr hiatus. The final time a Tata mannequin featured on this checklist was the Indica manner again in 2012-13.”As the buyer development is transitioning in the direction of SUVs, we’re noticing that our portfolio is rising a lot stronger and Nexon, since its launch, has been pivotal in accelerating our development within the SUV phase,” stated Shailesh Chandra, President, passenger automobile enterprise unit, Tata Motors. “As we speak’s millennial consumers herald a better degree of consciousness round security in addition to the surroundings. Nexon, as a model, has resonated nicely with these consumers. With the 5-star World NCAP scores, it has created benchmarks within the phase. With the Nexon EV, we have now additionally diversified our providing and have been profitable in creating a distinct segment within the phase.” Tata’s compact SUV–Nexon, noticed its gross sales virtually double to 1,24,130 models to turn into not solely the sixth largest promoting mannequin within the nation but additionally the best promoting SUV.
Maruti Suzuki accounted for a document 8 fashions within the prime 10 whereas Tata and Hyundai (Creta) had one entry every. The 2 vehicles to drop out of the highest 10 from final fiscal yr had been the Hyundai Grand i10 Nios and Venue. “Infact the market is much less consolidated in fiscal 2022 than earlier. Within the earlier fiscal, the highest 20 vehicles accounted for 74 % of general gross sales whereas in fiscal 2022, that quantity has dropped to 68 %,” Srivastava added. “It is also an element of provide facet shortages because the extra fashionable fashions have an extended ready interval.”Total business volumes passenger automobiles stood at round 2.97 million in fiscal 2021-22, a development of 9.6 %, however nonetheless considerably under the height of three.38 million models of 2018-19. Maruti had earlier stated it anticipated gross sales to breach the fiscal 2019 ranges in 2022-23. The potential of a brand new mannequin rising because the chief of the pack can’t be dominated out both. Automobile manufacturing is anticipated to be affected for the remainder of 2022 due to the semiconductor provide crunch. For the two-wheeler phase, the agricultural restoration continues to be distant and the marketplace for commuter bikes is but to get well from the second COVID wave. In the meantime, the business automobile and the tractor segments are exhibiting some indicators of restoration.