After recording great sales figures for the first month of this year, the Indian car market has slipped slightly with a majority of the manufacturers and cars recording a small decline in the February car sales figures. However, while most other industries suffered a major change in reports for the past month after the Union Budget was announced on 1st February, the automotive industry remained chiefly unchanged, thanks to the lack of any major announcement from the government. However, the market continued its onward year-on-year growth of 5%.
Also Read – January 2017 Cars Sales Figures
February isn’t a hot month for car sales anyways. Customers waiting to buy an MY 2017 car already do so in January, while others wait for the end of the financial year to make a big investment. Moreover, there aren’t many discounts offers available, since manufacturers generally clear up last year stocks by the end of January itself. The marriage season does provide a slight boost to the industry, which helps it to keep the drop to the bare minimum.
February ’17 – Best-selling cars in India
- Not much has changes in this graph, especially in comparison to the last month.
- The Alto is still the market leader, and Maruti still has secured the top three positions.
- However, it must be noted that the Grand i10 has finally managed to surpass sales of the Swift, thus taking away its fourth position. The Swift has slipped a position down and is now the fifth best selling car in the country. Maruti might not be too tensed about this drop in sales as a new-gen Swift is on its way, which is expected to be launched here around this year’s festive season. It will help regain the Swift brand’s popularity in the market and will most likely again find a position in the top 3 rankings.
- Hyundai i20 (Elite + Activ) are still ruling the premium hatchback segment, this time by a much bigger margin. While the gap between the i20 and Baleno was just 984 units last month, the same has now been increased to 2,756 units.
- However, the i20 Activ might face some competition from the Honda WRV, while the recently launched Baleno RS might help Maruti to clock a few more numbers and thus limit the gap.
- Yet another superb run by the Vitara Brezza. Thanks to this compact crossover, Maruti has recorded a 110.5% year-on-year growth in the UV space. It also managed to cross the 1 lakh sales mark last month; a milestone that was reached within 12 months from its launch last year.
- The Ignis doesn’t appear to be appealing to the millennials. The car has recorded a drop in sales just in the second month of its original launch. Inputs received from various NEXA dealerships suggest that customers who had pre-booked the car prior to its launch have been pissed-off about the high price. Various bookings have been switched to the Baleno.
- A new turn of events in the sedan segment with the City taking away its leader crown from the Maruti Ciaz. Launch of the 2017 City facelift has helped Honda to surpass the Ciaz’s sales numbers. However, the Ciaz facelift is also currently in pipeline. We will definitely be seeing stiffer competition in this segment.
Feb vs Jan 2017 – Top 25 cars
February 2017 – Segment-wise car sales
Data for the above infographics has been taken from AutoPunditz