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By: Colin Whitbread, Wednesday, November 09, 2011, AutomotiveWorld.com
The Pirelli Group has reported further growth in revenue and earnings in the first nine months of 20...Any questions? Email us or call our Member Services team on +44 29 2070 9302.Our free E-Newsletter service is an excellent way of staying up to date with news and features from around the global auto industry.
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04 January, 2011 Ford India has registered an impressive annual sales increase of 184 percent this year. From January 2010 to December 2010, Ford India has sold a total of 83, 887 units as compared to the 29,488 cars sold in 2009. Ford India’s year-on-year December sales were up 172 per cent compared to December 2009.
On December 4th, Ford India started a ‘Midnight Sale’, which brought record bookings on a single day. During the industry-first Midnight Sale event, Ford dealerships remained open till late into midnight and made it easier for people to purchase the car. 2010 has become a record year for Ford in India; annual sales volumes nearly tripled compared to same period last year.
Ford Figo has won several industry awards including like ICOTY 2011 and ET ZigWheels Car of the Year 2010. Ford India was ecstatic when Figo was selected the Indian Car of the Year 2011 by a leading jury of automobile journalists after comprehensive testing.
In the same week, Economic Times ZigWheels selected the Ford Figo for the twin honours of ‘Best Premium Hatch’ and ET ZigWheels Car of the Year 2010.
“This has been an outstanding year for Ford in India with nearly triple digit growth rates. It is also extremely encouraging to see the Figo sweep many prestigious industry awards and it is gratifying to see so many Figos on India’s roads,” said Boneham.
Along with strong sales number from Figo, Ford also saw a very good month across nameplates with the Fiesta, Ikon and the Endeavour faring well in their respective segments. The company's dealer network has increased to more than 170 across over 100 cities in India.
Rate this News Article from 1 to 5, where 5 stands for
"Excellent" and 1 stands for "Poor".
04 January, 2011 Ford India has registered an impressive annual sales increase of 184 percent this year. From January 2010 to December 2010, Ford India has sold a total of 83, 887 units as compared to the 29,488 cars sold in 2009. Ford India’s year-on-year December sales were up 172 per cent compared to December 2009.
On December 4th, Ford India started a ‘Midnight Sale’, which brought record bookings on a single day. During the industry-first Midnight Sale event, Ford dealerships remained open till late into midnight and made it easier for people to purchase the car. 2010 has become a record year for Ford in India; annual sales volumes nearly tripled compared to same period last year.
Ford Figo has won several industry awards including like ICOTY 2011 and ET ZigWheels Car of the Year 2010. Ford India was ecstatic when Figo was selected the Indian Car of the Year 2011 by a leading jury of automobile journalists after comprehensive testing.
In the same week, Economic Times ZigWheels selected the Ford Figo for the twin honours of ‘Best Premium Hatch’ and ET ZigWheels Car of the Year 2010.
“This has been an outstanding year for Ford in India with nearly triple digit growth rates. It is also extremely encouraging to see the Figo sweep many prestigious industry awards and it is gratifying to see so many Figos on India’s roads,” said Boneham.
Along with strong sales number from Figo, Ford also saw a very good month across nameplates with the Fiesta, Ikon and the Endeavour faring well in their respective segments. The company's dealer network has increased to more than 170 across over 100 cities in India.
Toyota Kirloskar Motor has registered a growth of 38% in sales in the year 2010, compared to last year. It sold 74759 units in the calendar year 2010 against 54320 units in 2009.
Commenting on the sales for the year 2010, Mr. Sandeep Singh, Deputy Managing Director-Marketing, TKM said, “ We are very happy with the response we have received from our customers in 2010. This year has witnessed the most important launch in the history of Toyota in India – The launch of Etios and the unveiling of the hatchback Liva. The first batch of Etios – more than 400 units - have already been dispatched to the dealerships and we have begun delivering vehicles to the customers. The vehicle are on display at most of our dealerships. In 2011 we look forward to a) the launch of the hatchback Liva in April b) establishing the brand of Toyota among the masses with the Etios and hatchback Liva c) giving our customers a Q Class Experience . On behalf of TKM, I wish all our customers a wonderful year ahead and thank them for trusting us and our products for all these years. We look forward to serving them in 2011.” Toyota also announced that bookings for the Fortuner will reopen on Jan 1 2011. The bookings were last reopened on July 2010 for a period of one month.The Fortuner launched in Aug 2009 has since sold more than 15000 units acquiring 57 % market share in the mid SUV segment.Tags : toyota Add a comment
With the launch of Etios compact car, the company is likely to sell 1,50,000 units in 2011.
The target sales for Etios sedan and hatchback is 70,000 units and selling would start from January, he said.
We want to participate in the mainstream segment. So far we have been only in the premium segment,” he said.
The present level of localisation of Etios is 70 per cent and would reach 90 per cent in the next few years, he said.
The company is looking at expanding the dealership from 97 to 150 by 2011 end.
The second plant is said to come into act by the end of the month. The plant would roll out the Etios. Toyota’s investement in India is Rs 6000 crore so far – Stay Tuned !
With the launch of Etios compact car, the company is likely to sell 1,50,000 units in 2011.
The target sales for Etios sedan and hatchback is 70,000 units and selling would start from January, he said.
We want to participate in the mainstream segment. So far we have been only in the premium segment,” he said.
The present level of localisation of Etios is 70 per cent and would reach 90 per cent in the next few years, he said.
The company is looking at expanding the dealership from 97 to 150 by 2011 end.
The second plant is said to come into act by the end of the month. The plant would roll out the Etios. Toyota’s investement in India is Rs 6000 crore so far – Stay Tuned !
Articles You Might Like: The pace of vehicle sales in India soars down in the month of November. This has happened at a stretch of 4 months of record. The growth based on yearly basis registered 17.81% as against 45.93 % of growth registered in the previous month of October.
According to Society of Indian Automobile Manufacturers (the apex Industry body representing 44 leading vehicle and vehicular engine manufacturers in India) the total number of vehicles sold in the country stood at 12, 21,981 units in November this year as against 10, 37,232 units in the same month last year.
SIAM Senior Director Sugato Sen told reporters"The automobiles sales growth in November was slower than September and October, and the actual volume was also lower". He further adds “The main reason for this was that the build up to the festive season that gave additional volumes has tapered off,".
Encouraged by buyers' response to their recent car launches in India, the local arms of German auto maker Volkswagen AG and US-based Ford Motor Co. are exploring plans to reinforce their manufacturing capacity by setting up new plants to drive the new phase of growth. Both companies are seeking to set up new factories in northern India, said an official at the ministry of heavy industry. At present, Volkswagen has a manufacturing plant in Pune, Maharashtra, while Ford's production base is located near Chennai.
"People from both Volkswagen and Ford visited us today, expressing interest in setting up their new plants in the northern part of the country," the official said on condition of anonymity. Volkswagen, which in recent months launched the Polo hatchback and Vento sedan, and Ford have both seen sales post rapid growth in India this year. Ford, which this year launched the Figo hatchback, sold 79,586 units in the 11 months to November, compared with 27,906 units in the same period last year.Volkswagen sold 26,000 cars in the same period, a more than eight-fold increase from 3,000 a year ago. Both have ambitious growth plans lined up for India, Asia's third-largest car market, where car sales expanded 33.72% to 1,408,475 units in October, according to the Society of Indian Automobile Manufacturers. "With both Ford and Volkswagen having received a good response for their offerings, they will be facing a capacity constraint in the next three-five years," said Deepesh Rathore, managing director at IHS Automotive, a market intelligence firm. According to the ministry of heavy industry official cited above, Ford plans to invest around '4,000-5,000 crore in the plant with a capacity to turn out at least 200,000 units per year."They are looking to develop the new plant as the export hub, which will cater to other Asian markets," besides the local market, he added. Ford is likely to start building the plant in 2011 in the Delhi NCR region, he said. The official said the firm wants to tap more customers by having a manufacturing presence in the north. "They think that staying in Chennai may not help them in the long-term and having presence in the northern part of the country makes a lot of sense." Michael Boneham, president of Ford India Pvt. Ltd, declined to comment on the company's plans, but said that the company's Chennai plant was running to near full capacity. The company currently runs two shifts at its plant and is likely to add a third one soon, Boneham said. Ford plans to launch eight new models by 2015 in India. Volkswagen, meanwhile, is conducting a feasibility study on a possible new plant in northern states such as Punjab, Haryana and Uttar Pradesh, the ministry official said. A Volkswagen spokesperson denied the existence of any immediate expansion plans.Related News:
Ford India inaugurates new dealership in Bengaluru
Ford to launch eight new vehicles in India by 2015
Volkswagen achieves sales growth of 131.9% in first nine months 2010
Volkswagen reports another delivery record for first nine months
continued to grow at a steady pace with domestic sales growing at 12% for the month of November, 2010.
HMIL’s total sales for November, 2010 stood at 44,542 units as against 55,241 units in November, 2009 registering a decline of 19.4%. The domestic sales accounted for 31,540 units as against 28,162 units in November, 2009 while the exports dipped by 52% from 27,079 units in November, 2009 to 13,002 units in November, 2010 on account of the company adjusting its production mix to meet the increased demand in the domestic market and the plant shutdown for maintenance work.
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Hyundai Motor India Ltd, the country’s second largest car manufacturer and the largest passenger car exporter continued to grow at a steady pace with domestic sales growing at 12% for the month of November, 2010.
HMIL’s total sales for November, 2010 stood at 44,542 units as against 55,241 units in November, 2009 registering a decline of 19.4%. The domestic sales accounted for 31,540 units as against 28,162 units in November, 2009 while the exports dipped by 52% from 27,079 units in November, 2009 to 13,002 units in November, 2010 on account of the company adjusting its production mix to meet the increased demand in the domestic market and the plant shutdown for maintenance work.
HMIL sales November, 2010 November, 2009Growth (%)Domestic31,54028,16212Exports13,00227,079- 52Cumulative44,54255,241- 19.4
Commenting on November, 2010 sales, Arvind Saxena, Director – Marketing and Sales, HMIL said,
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