The year 2021 has been the golden year for the Indian auto manufacturer Tata Motors, the incredible performance of the company can be clearly seen in the massive numbers that the brand is able to achieve. The brand was able to overtake another giant car manufacturer Hyundai this year to become the second-largest seller of passenger vehicles in India.
To better visualize this, let’s look at the numbers this manufacturer is able to achieve through sales. The brand recorded the highest ever monthly sales in December 21, along with the highest sales in the quarter from October-December 21, also shattering the record of the annual sales this decade. The auto industry actually saw a decline of around 8 percent, with sales past month reporting to 2,54,462 units compared to 2,76,546 units sold in December 2020. The sales improved when we look at month on month aspect of sales, the growth of 3.77 percent can be observed as the sales in November 2021 were only 2,45,217 units.
The Indian auto industry is comprised of various brands; the sales registered in the month of December 2021 have seen growth for some brands and decline for some. The one Indian auto-manufacturer that has the most impact on the Indian auto-sector sales is the biggest car manufacturer in India, Maruti Suzuki. The sales of this brand stand apart from the other manufacturers.
Maruti sold 1,23,016 units in December 2021, which is a growth of 12.11 percent when compared to November 2021, where the brand was only able to sell 1,09,726 units. When compared with the December of the previous year, we can see a decline of 12.60 percent in the sales as the number of units sold in December 2020 was 1,40,754. Maruti Suzuki has been the most popular among the Indian consumers, and its market share clearly indicates the same. The Indian manufacturer has been able to increase its market share from 44.75 percent to 48.34 percent from November to December 2021.
With the upcoming launches and upgrades coming this year, the sales have been expected to boost up. Maruti Suzuki is coming up with upgrades in the Brezza, Alto and S-cross. The company is also undergoing the development of a new C-segment SUV with Toyota. The Maruti Suzuki Jimny will also be coming soon in India.
The other brand with the biggest impact on sales this year is Tata Motors. Tata Motors was able to achieve YoY and MoM growth in sales. The brand rose to second position this year with the massive growth in sales. The brand sold 35,299 units in December 2021, which constitutes to 49.92 percent increase over 23,546 units sold in December 2020. The month-on-month increase was also significant, with an 18.54 percent increase in sales from November 2021, in which only 29,778 units were sold. The company has played right with all the new launches and cars in its portfolio. Tata Nexon being the standout success is still seeking strong demand from Indian consumers. The newly launched Punch is also pushing the sales up and above.
The brand which was surpassed by Tata Motors for the second spot is Hyundai Motor India. This brand hasn’t had the best of years this session. The sales for Hyundai Motor India saw a decrease of 31.83 percent when compared to December of the previous year. The sale of only 32,312 units took place in December 2021, whereas in December 2020, the sale was for 47,400 units. There was also a decline in month-on-month sales for the company as the sales dipped 12.67 percent from November 2021 where 37,001 units were sold. The cars that performed well for the company were Creta, Venue, i10 NIOS. The other cars in their portfolio, such as the i20, Alcazar, Santro, Xcent, and Verna, also boosted the sales up.
The other Indian auto-maker which had a pleasant year this time was Mahindra. The brand saw an increase in the number of units sold this year. From 16,182 units in the previous year to 17,722 units this year, the company saw an increase of 9.52 percent. Though there was a small dip in sales from November 2021 to December 2021 of 8.92 percent. The company played their cards well with the new Thar and the XUV700. There has been a huge demand for both these cars, and they have been overbooked as of now. The company is struggling to meet the sharp rise in demand due to the global shortage of semiconductor chips.
Looking at the huge pool of auto-makers that supply for the Indian market, there are some big names that have performed well this year and some who struggled. Big automakers such as Toyota, Honda, Kia, and Renault grabbed the next following spots after Mahindra. Toyota was the one to report YoY growth this year with 44.68 percent, with sales-boosting to 10,832 units in December 2021 from 7,487 units in December 2020. This year was rough for Honda as the sales dipped to 7.70 percent. Kia and Renault both faced struggles as the sales dipped to 34.02 percent and 37.45 percent, respectively. Kia Motors were able to sell 7,797 units, and Renault was able to sell 6,130 units.
While there were struggles for some auto-makers, there were some with glowing sales figures this year. Volkswagen, Skoda, and Nissan saw a jump in sales to 3,700 units, 3,234 units, and 3,010 units, respectively, this year. All three brands were able to report YoY as well as MoM growth. MG Motors were also among those who struggled this year, reporting a 37.73 percent decline. The brand was able to sell only 2,497 units in December 2021. Jeep saw an increase of 137.31 percent as the sales pumped up from 386 units in December 2020 to 916 units in December 2021, though there was a slight decrease when compared to November 2021, where the brand was able to sell 1,100 units.