Auto Sales Doldrums

August auto sales drop in per cent :

- Maruti Suzuki 33%
- Hyundai 9.54%
- Honda 51%
- Tata Motors 58%
- Toyota 21%
- Eicher-Volvo 41.7%
- Mahindra & Mahindra 25%
- Mahindra Tractors 17%.

This is starting to look very scary. If FMCGs see even 25% of it - its a breakdown.

Eminent members of various circles must list solutions on what should be done.

The Govt may not be willing to lend an ear to Man Mohan Singh but am sure will listen to voices of masses.

LocalCircles must escalate once inputs are ready. Believe there was a discussion on this in transforming india too recently. more  

View all 17 comments Below 17 comments
You have not taken into account the sales of KIA, Hyundai Venue, MG Hector
and new entrants in the market...why give skewed information ?

On Mon, 2 Sep 2019 at 08:14, Rohit Jain <> wrote:

> more  
i do not understand the slow down. If you go & buy a new car waiting period is same. Not much reduction in price even though steel prices have come down, not much of a discount are any additional accessories offered but still the slow down is claimed to be as big as 58%. more  
Well people are just getting into satisfaction circle..
There's no stopping to get better'products.. but of late govt norms and taxes taught lessons..
On an 8 lakh vehicle we spend 3.2 lakhs on insurance, RTO charges and GST.. well that's too much on the car price..
These FMCG companies have gone down as the the online retailers like Amazon and off line retailers like big bazzar, reliance etc have brought in products with their brand and they are good and economical..
So the drop in sales is not because consumers are not buying, infact they are buying other brands..
Overall people are satisfied with minimal resources.. that's good for nation.. more  
With so much pollution and global warming due to fossil-fuel driven vehicles, auto sales down is good news. Local Circles should think of alternative modes of transport like mass rapid transport systems, dedicated cycle paths and walkways. The latter two have totally gone; people use two-wheelers even to go to the next street. This not only increases pollution but also makes people unhealthy by their avoiding walking and cycling. High time, we thought of these instead of moaning about auto sales going down as if it is the only index for the economic well being of the country. more  
These Automakers have to blame themselves. They never wanted Electric Vehicles to be developed and popularized. Always took benefits from Oil Marketers who are not bothered about natural resources and health aspects. Profits is only the keyword for these two sectors who are going to die very soon unless they change over to the new technologies and evolve. Why can't they export their vehicles by meeting stringent quality demands? Reluctance to change caused death of Ambassador and Premier at one time. Now it is the turn of other Automakers unless they sense the changes and adopt to them. more  
Post a Comment

Related Posts

    • Smart Move

      Very smart move by FM. Firms can now choose to pay a higher rate & claim tax breaks or pay a lower rate with no tax breaks. Maybe many of the big firms crying about high tax rates will suddenly...

      By Naina Mittal
    • Big boost bh Govt

      Cut in corporate tax to 22% is the boldest taxation reform by the govt. Will reignite corporate investment, bring back animal spirits in the economy, boost the stock market, stabilise the rupee. Th...

      By Sridhar Mohan
    • Looking for Factories for Export to USA

      Looking for factories of Leather goods, belts, PU Shoes for exports to USA, the buyer is coming next week to Delhi, Kanpur and Agra

      By Kush Agarwal
    • Tax Filing dates for companies

      Can the current deadline of tax filing date of sept 30th be extended to Nov 30th. Companies as well as proprietorship business are under lots of stress most behind on cash flow and reven...

      By Sudesh Rai
    • This is not just moving from cars to app taxis

      Some people are saying no one wants to buy a car because people are taking ola/uber these days. This seems to be deeper. Ashok leyland sales halved in august 2019 sales fell for 5t...

      By Vishal Khanna
    • Death of digital media

      Guys I am being told the following news television and paper sites have either fully or partially shut down. - Scroll - DailyO - Tiranga TV - The Wire - BTVI - F...

      By Vishal Khanna

      I would like to discuss the issue like this. No doubt the situation is not all that good. there are a host of reasons for this. First and foremost is the attitude of Auto makers who while riding th...

    • 2% Tax on over 1 crore cash withdrawal

      Does anyone know if this tax applies on business accounts also or just individual accounts. Business needs may be different than individuals esp transport businesses etc

      By Sudesh Rai
    • All startup CEOs should print and frame this in office

      If the nation’s policemen and women are working 16 hours a day in heat and dust, startup management and employees can work atleast 10-12 hours a day in an air conditioned work environment. <...

      By Sudesh Rai
    • Gst deadline extended

      Govt has extended deadline to file Annual Return FORM GSTR-9 / FORM GSTR-9A and Reconciliation Statement FORM GSTR-9C for FY 2017-18 from 31st Aug to 30th Nov

      By Naina Mittal
Share To
Enter your email & mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

Please select a Circle that you want people to invite to.
Invite to
(Maximum 500 email ids allowed.)